CREDIENCE™ - Company Details



	Our company Credience stands for CREDIT SCIENCE. Credience Group Pty Ltd (Credience) was founded in 2004 by colleagues who all at one stage of their careers worked at one of the Big Four Australian Banks. As we all worked for various banks, a few aspects emerged; Banks have too many financial systems and processes that are not integrated. Each bank is missing a piece of the puzzle, which we could see due to our collective experience. Many decisions were not data driven and so were inconsistent and unfounded. Driven by a passion to add value to the banks and financial institutions we engaged with, Credience grew rapidly in its library of software offerings, and quickly established a leading position in the nascent financial analytics market. Today, Credience offers Software Solutions, Consulting Services and Training to ensure that our clients can fully benefit from our knowledge and experience in whichever medium they prefer. We are constantly seeking new staff, partners, strategic alliances in our quest to add value to the Banking & Finance Community. What we do Credience was founded to help our clients make better decisions. Implied in the effort to gather financial data is that the data is useful. We believe that data is only valuable to the extent it can be understood and used. Our mission is to convert hard-to-understand financial data into easy-to-understand language. We are then in the position to add further value by applying quantitative and qualitative financial methods to derive models, projections and other forms of insightful analyses. By doing so, we add value to our clients profitability, creating win-win opportunities. Our differentiators An advanced investment and credit risk approach that utilizes cutting edge math finance methods and strategies to maximize ROI whilst minimizing risk. Our ability to explain and implement sophisticated solutions in a simple and effective way. Linking our financial analytics to regulatory frameworks such as Basel II and Sarbanes Oxley (SOX) so that our clients can stay on the right side of regulators and release more capital adequacy reserves. A winning team of seasoned Banking & Finance professionals who are also Mathematicians, Statisticians and IT Gurus. We listen to you and are responsive. All our solutions incorporate all three aspects of necessary domain knowledge,