Banking and Finance

The measurement and monitoring of credit and market risk with the use of the state-of-the-art methodologies is a key requirement in the framework of Basel III and the new IFRS 9 standards. Under the current stressful economic conditions, the need for such reliable and effective solutions is imperative. QUANTOS has the necessary know-how and has applied it successfully in the banking and finance sector.

QUANTOS has implemented successfully a variety of solutions for the Greek financial sector.

The company’s portfolio includes a variety of solutions:

Integrated Value at Risk (VaR) solution, for the evaluation of the maximum portfolio loss. QUANTOS follows the trends in the rapidly growing field of Financial Econometrics and has put together the modern techniques in an open source application. The solution is complete, easy to use and can be customized to cover additional needs.
Credit Scoring systems for the classification of customers to creditworthiness zones and the construction of credit scorecards.
Credit Score & Risk Monitoring systems. These solutions complement each other and produce numerous analysis results in tables and charts, allowing dynamic monitoring of risk.
ICB (Internal Credit Bureau) for the optimization of client credit limits. The methodology is based on the evaluation of client transactions patterns on a regular basis (behavioral scoring).
Other solutions in Banking & Finance:
– The application of modern methods for the evaluation of bank branches performance (using the commonly accepted Data Envelopment Analysis methodology).
– The application of special data cleansing methodologies, for the standardization of information, the de-duplication, the semi-automatic correction of common typing or spelling mistakes, etc.

Value at Risk

Value at Risk (VaR) is an integrated solution developed by QUANTOS in the frame of the company’s activities in the financial and banking sector. The solution covers all the required estimates for a portfolio (stocks, bonds, derivatives, positions of customers).

Credit Score & Risk Monitoring

QUANTOS has developed a comprehensive and flexible system for the monitoring of the credit risk by financial organizations. This system is based on the production of monitoring reports on a regular basis. The reports include tables, graphs, results of statistical analysis and significant findings.

Internal Credit Bureau

The ICB – Revolving Credit application aims at optimizing the customers’ credit limits. This is achieved by an assessment of their transactional patterns through statistical modelling (behavioral scoring). The data for the models include loan application and transactional data.

Credit Scoring

The Credit Scoring solution is a model-based decision system for the classification of customers as creditworthy or not. The solution assigns to each customer a probability of defaulting, translated into a score. The total score of a customer is decomposed into components, each connected to a particular characteristic (e.g. age, profession, income range, etc. for persons or analogous data for business entities). The outcome of the process is the construction of a scorecard which the organization can use to check and accept or reject applicants.

Portfolio Valuation

QUANTOS offers portfolio valuation and monitoring services to financial institutions and has successfully completed relevant projects for Greek banks.