MDSap and partners convene Digital Neuron CFO event about Automation of Credit Decision Making and Risk Management

Held in Warsaw with 11+ CFO’s, the event was organized in conjunction with FICO and Advanced Financial Solutions

July 07, 2023

a man speaks into a mic as he presents to a small audience at a table — Larry Jacobsen from FICO explains more about the use of the digital platform. Photo credit - MDSap

MDSap and partners Advanced Financial Solutions (AFS) and FICO curated an inspiring fintech summit entitled Digital Neuron – Automation of Credit Decision Making and Risk Management, on June 20, at the prestigious Raffles Europejski in Warsaw, Poland. The event was aimed at CIOs and Heads of Business departments, with 12 invited attendees from a variety of business sectors present.

“Topics covered included optimizing analytics, driving the credit industry with technology, developing robust decision-making models, and exploring data mining and automation” said Marek Sodolski, General Manager, MDSap Poland & Czech Republic, the principal speaker in attendance from MDSap. “The discussions also revolved around the importance of machine learning expertise and integrated risk management.”

Larry Jacobson from FICO began the event with a presentation that explored themes around ‘Credit Risk decisioning challenges and opportunities.’ Larry also asked those present a rhetorical question: “which technologies drive the credit industry, and why?” This then developed into a presentation about the FICO platform which is used to boost credit risk decision-making processes.

a man gestures to the presentation screen as he talks in front of a group sitting at a table. — Leo Prochazka from AFS begins his talk about credit risk decision-making and the part that data can play. Photo credit – MDSap

The second key session of the CFO event was led by Jiri Geryk and Leo Prochazka from AFS, a company which is also a Midis Group affiliate. Their session was titled “Human and the machine – understanding the interplay between technology and consulting expertise in effective strategy implementation.”

This segment of the event included assessing the usefulness of an integrated risk management platform, and aspects of effective automation of quantitative modelling. Participants were inspired by success stories that showcased how organizations leveraged both technological advancements and consulting insights to successfully drive strategic initiatives and achieve sustainable growth.

More about FICO

FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction.

More about AFS

Advanced Financial Solutions (AFS) is a software and consulting company established in 2000 as a subsidiary of the Midis Group, one of the largest technology companies in the region. AFS is specialized in providing Risk, Finance and Compliance software solutions as well as advisory services.

More about MDSap

MDSap is a leading SAP Gold Partner and a regional leader in enterprise application software, catering for customers across the Middle East, North Africa, Turkey and CEE. With more than 120 business and technical advisers on site, MDSap focusses on turnkey IT solutions in Business Transformation, Intelligent Enterprise, Big Data Analytics, Omni-Channel Banking and Human Capital Management. MDSap has a strong focus in banking and financial services along with public, healthcare, and telecommunication sectors, with a dedicated mission to ensure all their customers get the right support on their digital transformation journey.