Case Study: Scotiabank achieves lower costs and faster retail risk modeling with SAS Enterprise Miner

Scotiabank - Customer Case Study

Scotiabank, one of Canada's largest banks, was incurring high costs and long turnaround times by outsourcing retail credit-risk scorecard development—while still doing roughly 70% of the data preparation in-house. The arrangement was expensive, inflexible for iterative changes, and made it difficult to attract and retain top analytical talent.

In 2011 the bank built an internal retail risk-modeling team led by Dina Duhon and adopted Credit Scoring for SAS Enterprise Miner to standardize data prep, modeling and scorecard production. Bringing modeling in-house delivered faster, lower-cost and more iterative development, greater audit and regulatory transparency, deeper customer insight and improved talent retention.

Scotiabank

Dina Duhon

Director of Model Development, Retail Risk Models and Global Risk Management