Accenture Builds Business Intelligence Solution to Assess New Credit Risks for French Bank

SummaryAccenture enabled a French bank to fulfill state-mandated obligations to provide short-term lending while managing credit quality. A cloud-based analytics solution automates assessment of risks associated, thereby protecting bank assets. The solution addressed the client’s urgent need for analytics services in an aggressive timetable.

The new system enables end users to view key performance indicators and determine if an applicant meets eligibility requirements. The repository of accounting data is accessible via the cloud, as are rating tools and solvability indicators, which are calculated from multiple sources.

The solution enables the bank to maintain records for each financing operation through a built-in authorization module. The functionality is accessible to declared users such as salespeople and risk analysts.

High performance deliveredThanks to Accenture the tool was developed and deployed on time in an aggressive project timeline. Ten days after start-up, the system was handling more than 300 loan applications worth more than €250 million.

Each end user is able to access detailed information, fill in forms, store data and review risk-related indicators. “This is an ideal solution for organizations looking for analytics services with a quick time to market,” the chief risk management officer of the bank said.

ClientThe French bank serves more than 10 million individuals and nearly half a million legal entities, such as businesses, associations and government agencies. The bank’s portfolio exceeds €125 billion in assets with more than €40 billion in loans.

Business challengeThe bank was required to provide new financing for local entities, through short-term credits. Six weeks before launching the new product, the client lacked effective ways to assess the risks. The project required a rigorous process, one that would work with multiple data sources and a learning technology released only a month prior to the mandated start date of the new program.

How Accenture helpedAccenture rapidly mobilized a team of business intelligence and technology experts who adopted agile methodology to deliver an analytics solution. The client’s front office then was able to connect to the Accenture cloud service, supply relevant information and initiate applications. Accenture Digital, Data and Analytics experts, along with financial services and consultants from Avanade, built the cloud-based platform for risk analysis.

About Accenture AnalyticsAccenture Analytics delivers the insights that organizations need to make better business decisions, faster. Our extensive capabilities range from accessing and reporting on data to predictive modeling, forecasting and sophisticated statistical analysis. We draw on deep functional, business process and technology experience to develop innovative consulting and outsourcing services for our clients in the health, public service and private sectors. At the intersection of business and technology, Accenture Analytics enables organizations to achieve the business outcomes that drive high performance. For more information about Accenture Analytics, visit www.accenture.com/analytics.

About AccentureAccenture is a global management consulting, technology services and outsourcing company, with approximately 261,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com.

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