Bespoke Data Analysis

Qarar’s data analysis focuses on retail banking and consumer lending. It brings a predictive approach to an event that has happened, why, how, and what could happen as a result. Using state-of-the-art modelling tools and techniques, combined with reliable credit bureau data, it turns internal and external data into meaningful and relevant insights. Our huge body of data is collated and processed from banks, financial institutions, telecoms and other industries. These are further enhanced with demographic, contact, performance and credit information.

Fully-loaded profitability models, from customer acceptance and through the credit lifecycle

Transactional fraud rules to detect false positive rates

Optimised portfolio management strategies, including authorisation, pay/no pay and credit limit increase/decrease – all designed to increase both account and total portfolio profitability

Historic and ‘what-if’ portfolio performance dashboards

Portfolio loss appetite – to analyse the losses your business can absorb against current and future revenue flows

Can be installed on-premise, or off as a hosted solution Comprehensive and flexible reporting at both a macro and micro level

Collection and recovery-based segmentations

Local support means we can respond at short notice and with a fast turnaround time

BENEFITS

  • Analysing and modelling your big data provides strategic insights from information that might otherwise remain hidden
  • The same unlocking of data can be used across a multitude of business decision and marketing areas
  • Through improving decision-making, you will increase your market share growth

Scorecard Development

Qarar develops models that predict prospective or existing customer performance or behaviour across the full credit lifecycle – from targeting and acquiring to managing and collections. Our advanced statistical methodologies and technologies optimise, risk, spending, utilisation, product penetration, attrition, collections, recoveries – and ultimately the profitability of your customer portfolio.

Risk scores

Application and behavioural scorecards

Dual scores

Bureau scores

Insolvency scores

Fraud models

Collection and recovery scores

Indebtedness and affordability indexes Propensity and churn models

Geo-demographic non-risk scores

Provisioning models (regulatory and compliance)

Fully-secure – customer information is %100 protected from external threats and viruses

Can be installed on-premise, or off as a hosted solution

Comprehensive and flexible reporting at both a macro and micro level

Local support means we can respond at short notice and with a fast turnaround time

BENEFITS

  • You can use scorecards in the pre-screening of marketing lists to improve cost per account acquired
  • You can automate decision-making for credit applications to improve consistency and efficiency, and remove subjectivity
  • You can use scorecards in proactive management of credit lines and authorisations, and to set the relevant recovery treatment strategies
  • You can increase your revenue through right-time decisions (cross-sell offer, etc.)
  • You can reduce losses through aspects such as risk management and collections scoring

Scorecard Validation and Monitoring

The development and implementation of a scorecard or model is just the starting point in any analytics programme. The effectiveness of scorecards is subject to external influences (economic changes; population shifts; marketing policy) and internal influences (credit policy; collections actions; procedural changes). Validation and monitoring are pivotal to ensure scorecards work most effectively in the longer-term – and in the case of credit risk scorecards, that they continue to effectively discriminate between good and bad applications/accounts. Qarar’s comprehensive validation and monitoring model tracks each scorecard to identify any deviation in its performance.

Frequency tailored to your own requirements

Fully-secure – customer information is %100 protected from external threats and viruses

Can be installed on-premise, or off as a hosted solution

Comprehensive and flexible reporting at both a macro and micro level

Local support means we can respond at short notice and with a fast turnaround time

BENEFITS

  • You have the confidence that the scorecards are working (discriminating) effectively
  • You can enable better management control in changing risk and market conditions
  • You can align decision-making policy, such as cut-offs, to changes in your business strategy
  • You can continually benchmark and monitor scores against competitors
  • You can run a continual improvement and monitoring programme to improve the accuracy and reliability of scores
  • Your front-end monitoring includes both current and delinquent accounts. You can use the output reports to determine how the population is shifting between scorecards and within the score distributions of each model. Your back-end monitoring allows you to review the cut-off strategies that are in place, and initiative change recommendations
  • Qarar’s comprehensive monitoring documentation outlines recommendations for possible next steps for scorecard re-alignment, characteristic changes or potential re-development
ACCESS OUR RESOURCES

Our Partners

The Leadership team

The vision and leadership of Qarar`s executive team has seen the company from its founding, and has enabled Qarar to become the region’s leading advisor and solutions partner to deliver data-driven decisioning in the Middle East. The executive leadership team continues to innovate, staying true to the company's mission to provide extensive hands-on practical experience in delivering advanced analytics enabled solutions to several multi-national firms across the world.

Zaid Kamhawi

Chief Executive Officer

Nico van der Westhuizen

Chief Operating Officer

Riaz Jassat

Director, Consulting

Jaycee Wolfswinkel

Sales Director

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WHY CHOOSE US

  • Middle East expertise & regional track record

  • International
    know how

  • Localised Decision Technology

  • Agile
    & responsive

The Oldest Bank in Kuwait Re–emphasized its Reputation as the Most Preferred Lender with Qarar

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Find out How a leading Islamic Bank in Kuwait Grew its Lending Portfolio with Qarar

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A Leading Home Finance Organisation Partners with Qarar to Achieve its Policy Automation Objectives

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How a Leading Bank in Saudi Arabia Maximised its Return on Loans and Other Forms of Credit Through a Holistic Credit Control Solution

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