Of Special Interest

21st October 2011

British Arab Commercial deploys IBM risk analytics

British Arab Commercial Bank has implemented IBM Business Analytics software to automate its trade finance loan decisions, improve its liquidity oversight and risk assessments.

The bank moved from a previous system of spreadsheets to this real-time solution. As well as faster response to customers the new system allows 'what-if' scenarios to be tried and the examination of risk and profitability individually for each customer.

"IBM's analytics software has helped reduce the bank's exposure to risk by eliminating its dependency on spreadsheets which were previously subject to inconsistent data due to human error," said Crispian Denby, chief financial officer at BACB. "Our confidence in the accuracy of our information has led to faster, more responsive decision-making which will ultimately help us maintain our position in the Arab trade and project finance market."