Case Study: European Bank cuts analytical model development time by 50% with TIBCO Software's Statistica Data Science

Bank Cashes in on Better Services with Advanced Analytics

A large European bank operating across 19 countries faced slow, labor‑intensive analytical model development for credit and asset assessment. Business teams designed models but IT had to re‑code them into legacy systems, causing long delays that hampered customer responsiveness and operational agility.

The bank adopted TIBCO Statistica Data Science for its speed, ease of use, integration with existing systems, low TCO and strong support. As a result, model development time fell by up to 50%, models are deployed faster for more accurate loan decisions, the team can continuously innovate and meet regulatory recalibration needs, and the platform now supports roughly 20,000 calculations a day with scalable capacity.