Bidaya Home Finance, headquartered in Riyadh Saudi Arabia, a recently incorporated and dynamic organization, dedicated to the provision of home financing to Saudi Arabian nationals, announced a partnership with Qarar Consulting. Qarar is owned by the Saudi Credit Bureau (SIMAH), which is a leading provider of advanced analytics and risk management solutions.
Following an earlier agreement to provide Bidaya with a leading edge customer on-boarding platform through a Software as a Service (Saas) model, Qarar is to provide best practice credit risk advisory and analytical services to support Bidaya in its continued drive for innovation, excellence and growth.
The partnership covers a range of advisory and analytical services to support Bidaya’s plans to rapidly grow its coverage in the Kingdom in a progressive and controlled manner, while at the same time enhancing the customer experience through an automated a timely decision process.
The partnership will enable Bidaya to better understand its target customers, their behaviours, and serve them more effectively through tailored products and differentiated communications.
Qarar’s services are provided to financial services organisations in the Kingdom of Saudi Arabia and across the Middle East region. The company is based in the Dubai Internet City providing decision management solutions and consumer risk management and analytics advisory services.
About: Qarar, a company owned by the Saudi Credit Bureau, is a leading provider of analytical services and solutions to the consumer credit industry. Qarar helps organisations achieve long term sustainable economic performance, apply data driven decisions through the application of advanced modelling and automated decision technologies. Qarar supports each stage in the customer credit lifecycle from acquisition through to collection and recoveries. We offer a range of services, including predictive analytics, risk advisory and credit bureau data services. Qarar’s software platforms are available for deployment in-house or on a hosted service basis. To learn more go to www.qarar.org
Source: SIMAH Press Release