Lloyds TSB selects SAS to manage risk

The application covers the bank's retail loan portfolio and should help it to improve its capital allocations. Manual processes such as risk reporting, performance monitoring and credit scoring will now be automated. The software will also manage the bank’s data warehouse by analysing and segmenting its data.

SAS's software is a flexible application for managing credit, market and operational risk throughout an organisation. The service incorporates credit scoring, which helps banks to perform application and behavioural scoring to assess the creditworthiness of their customer base.

Shahram Sharifi, credit risk director at Lloyds TSB, said the bank has used SAS in its IT infrastructure for the past 15 years. The additional risk management and Basel II application was chosen following a competitive tender process.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Next-generation technologies and the future of trading

At a Risk.net webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here