May 25, 2022

Dubai New Style

News site from Dubai Global News

Cedar Rose to Emphasize Significance of New Alternative Data in Credit Risk Management at BIIA 2022 Biennial Conference in Singapore

Cedar Rose has confirmed its participation as a sponsor of the Business Information Industry Association (BIIA) 2022 Biennial Conference focusing on ‘The Customer Relationship in a Data-Driven Digital World’. Taking place in Singapore from 23 to 25 May, the event supported by World Bank International Committee on Credit Reporting, will bring together leading industry experts, regulators, and academics to explore the use of increased data combined with the latest analytics and technology to manage the new business realities.

Antoun Massaad, Co-Founder and CEO of Cedar Rose, commented, “We are glad to support the BIIA 2022 Biennial Conference. Managing credit risk is always a complex challenge. With advanced analytics, new alternative data is playing an extremely valuable and insightful role in credit risk management and has emerged as a highly useful resource. Tapping into vast and traditionally under-utilized domains, it can help to improve risk assessment. At Cedar Rose we offer a full suite of industry-leading risk and compliance management solutions for companies to optimize credit processes and strengthen internal-control frameworks for business decisions.”

Representing Cedar Rose at BIIA 2022 Biennial Conference will be Angelique Assaf, Head of Data Strategy, who will participate in a panel discussion on ‘The Use of New Alternative Data in Credit Risk Management.’ With a strong experience and track record in the business intelligence industry, Angelique has overseen the creation of the largest in-house database of standardised, translated and linked corporate information in different regions and has developed AI algorithms to automate processes, create more value and apply predictive models to data analytics.Cedar Rose to Emphasize Significance of New Alternative Data in Credit Risk Management at BIIA 2022 Biennial Conference in Singapore

Cedar Rose can provide companies with comprehensive credit risk reports with an all-encompassing view of the financial health and potential credit risk of their customers, partners, or suppliers. This information is excellent to verify the creditworthiness and financial reliability of individuals and organisations that a company conducts business with.

Since its foundation, Cedar Rose has been at the forefront of providing world-class business intelligence and credit risk solutions to leading firms in over 230 countries globally. Its comprehensive array of credit risk, compliance and identity verification solutions help companies, government agencies and individuals deal with escalating regulatory and compliance requirements while reducing their exposure to risk.

About Cedar Rose

Established in 1997, Cedar Rose has been at the forefront of providing world-class business intelligence and credit risk solutions to leading firms in over 230 countries and jurisdictions globally.

Known for accuracy, reliability and quality, Cedar Rose is specialised in offering a comprehensive array of credit risk, compliance and data solutions (being the holder of the largest single database and information of companies, shareholders and directors in the MENA region).

Through continuous innovation, investment and development of talent and technology, the firm’s primary objective over the last 25 years has been to raise the quality of credit risk, compliance and regulatory services in the MENA region to the highest international standards. Partnering with their clients, Cedar Rose helps companies mitigate the regulatory, operational and reputational risks associated with their business.

Cedar Rose has been recognised with several prestigious awards and accreditations including Credit Excellence Award for Export and International Credit and Collections for three consecutive years – 2016, 2017 & 2020; European Business Award – 2017 / 2018; and Commercial Credit Information Provider of the Year Award sponsored by Experian – 2019.