NEWS

Telenor selects StatSoft for global credit risk management projects

StatSoft has announced that Telenor Digital has selected Statistica Decisioning Platform for its global risk analysis solution.

Telenor Digital is trying to provide flexible credit instruments and opportunities to customers. For this purpose, Telenor Digital evaluated leading analytic software platforms available on the market to supply the critical capabilities for modelling, model management, model deployment, and compliance reporting.

Important requirements included the analytics platform's ability to accommodate diverse regulatory and physical constraints of deployment, flexibility with respect to interoperability with other systems, and easy deployment to virtual and cloud environments. After a careful review, Telenor chose StatSoft’s Statistica Decisioning Platform to meet these challenges.

Dr Thomas Hill, vice president for Analytic Solutions at StatSoft, remarked, ‘We are excited to have this opportunity to deploy our Decisioning Platform to Telenor Digital, and to support Telenor Digital’s continuous drive toward delivering new opportunities to new customers.’

The initial installation of Statistica Decisioning Platform was completed at the end of 2013.

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