Q&A: Increase Efficiency up to 30%

PT. Bank Commonwealth, a subsidiary of Commonwealth Bank of Australia (CBA), one of Australia’s most popular banks, is on a meteoric growth track. In 2013, the bank’s annual revenue grew 127 percent, and it recorded a significant increase in its lending book. But challenges often accompany such growth and for the bank’s risk management department the challenge was regulatory reporting. The department must deliver fast and accurate information to regulators. And since that information can also be used to make strategic business decisions, they are using SAS analytics.

“SAS’ automated reporting capabilities help us save time and be more efficient in delivering prudent growth. With automated reports, management can be somewhat self-service and help them ease in making a business decision. This increases efficiency our workload by as much as 30 percent,” says Adhiputra Tanoyo, Director of Risk Management for PT. Bank Commonwealth.

The bank’s risk management division who handle analytics is comprised of only four people. Using SAS is a multiplier, though. It gives those four people more time for discovery. “SAS could help us to figure out something that we didn’t know or notice before - something that may be important to our organization,” says Adhiputra.

SAS automated reporting capabilities help us save time and be more efficient in delivering prudent growth. With automated reports, management can be somewhat self-service and help them ease in making a business decision. This increases efficiency our workload by as much as 30 percent.
Commonwealth_22

Adhiputra Tanoyo
Director of Risk Management for PT. Bank Commonwealth

Q: Explain about your risk department and how it contributes to the bank’s mission?

The risk management team monitors and controls risk and also acts as business partner to meet the company’s goal. Job also includes keeping management apprised of our risk monitoring activities and outcomes.

Q: Explain about your department’s challenges?

Our challenges are mainly related to effective data mining, analysis and information delivery. First, we want to expand information access for many audiences. Second, we need to speed the data processing, especially when dealing with large amount of data.

Q: Did SAS answer those challenges?

SAS helps us to simplify the reporting process and allows us to share information more broadly through email. SAS software and some of the statistical modules help us in hand highly complex cases including risk rating of applications and risk management planning.

Q: Tell me about the implementation process?

Getting the solution up and running went very smoothly. We had a lot of support from SAS from the very beginning of the implementation process and SAS is even sharing new information about another solution that might be helpful to us.

Q: Have other departments been interested in your success?

Yes, definitely. The service level in term of availability, accuracy, flexibility and delivery speed have increased significantly. This created awareness in other departments of the value our function bring. Other departments now also see the potential in using analytics for better planning and monitoring in their areas.

SAS helps us simplify our job.

Challenge

  1. Broadly delivering access to analytical results.
  2. Improving speed of data processing.

Solution

SAS Enterprise Guide 4.3

Benefits

  1. Effectively handles highly complex cases including risk rating applications and risk management planning.
  2. Increases efficiency of workload by as much as 30 percent.

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Commonwealth Bank Indonesia implements SAS to deliver fast and accurate information.

The results illustrated in this article are specific to the particular situations, business models, data input, and computing environments described herein. Each SAS customer’s experience is unique based on business and technical variables and all statements must be considered non-typical. Actual savings, results, and performance characteristics will vary depending on individual customer configurations and conditions. SAS does not guarantee or represent that every customer will achieve similar results. The only warranties for SAS products and services are those that are set forth in the express warranty statements in the written agreement for such products and services. Nothing herein should be construed as constituting an additional warranty. Customers have shared their successes with SAS as part of an agreed-upon contractual exchange or project success summarization following a successful implementation of SAS software. Brand and product names are trademarks of their respective companies.

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