With SAS®, Creditreform boosts credit rating quality, forecasting
SAS® Visual Analytics, high-performance analytics speed decisions, increase efficiency
CARY, NC (Dec. 12, 2012) – Already Germany's top provider of quality business information and debt collection services, Creditreform, is using SAS® Visual Analytics to widen its market lead through better data visualization. The new high-performance solution from business analytics leader SAS makes Creditreform even better at providing the highest quality financial information and credit ratings for businesses.
Via its online database, Creditreform makes more than 24 million credit reports from 26 countries in Europe and from China that are available around the clock. SAS' high-performance solution now helps Creditreform quickly detect relationships within those high data volumes and present results in easy-to-read graphics. SAS Visual Analytics simplifies the process, so every Creditreform employee can use the software without training.
"SAS Visual Analytics makes it faster and easier for our analysts to detect correlations in our business data," said Bernd Bütow, Managing Director at Creditreform. "That, in turn, improves the quality and forecasting accuracy of our credit ratings."
"Creditreform saw SAS Visual Analytics as a compelling solution," remarked Mona Beck, Financial Services Sales Director at SAS Germany. "SAS Visual Analytics advances business analytics by combining big data analysis with excellent usability, making it a breeze to represent data graphically. As a company known for providing top-quality information on businesses, Creditreform is a perfect match for the very latest in business analytics technology."
SAS Visual Analytics is a high-performance, in-memory solution for exploring massive amounts of data very quickly. Users can explore all data, execute analytic correlations on billions of rows of data in just minutes or seconds, and visually present results. With SAS Visual Analytics, executives can make quicker, better decisions with instant access, via PC or tablet, to insights based on the latest data. By integrating corporate and consumer data, bank executives gain real-time insights for risk management, customer development, product marketing and financial management.
Founded as a credit agency in Mainz, Germany, in 1879, Creditreform has grown to now serve more than 163,000 members from 177 offices across Europe and China as one of the leading international providers of business information and receivables management services. Creditreform provides a comprehensive spectrum of integrated credit risk management solutions and services worldwide, provides members with more than 16 million commercial reports a year, and helps them recover billions in outstanding debts.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 60,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world
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