| 18 September 2008 |
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Abu Dhabi Commercial Bank (ADCB), one of the largest banks in the United Arab Emirates, is implementing Sentinel, D&B's web-based commercial credit rating and approval system, which facilitates banks to quantify, price and manage risks in an objective and consistent manner.
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Sentinel has enabled ADCB perform an objective analysis of financial data by subjecting it to various types of analysis to assess the impact on the rating and performance of borrowers. It also provides the bank a base to move ahead in complying with Basel II requirements.
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The implementation of the project was rapid and began during April '08 and reached a successful and logical completion in July '08, with the entire installation in a period of 4 months in various phases.
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About ADCB
Abu Dhabi Commercial Bank (ADCB) is one of UAE's most successful local banks. ADCB is a diversified full service bank. Other than banking services that span corporate, retail and commercial banking, ADCB is active in the areas of treasury derivatives, infrastructure finance, private banking and wealth management.
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About D&B TransUnion ADC
Based in Chennai, India, D&B TransUnion ADC is a global Centre of Excellence for Dun & Bradstreet (NYSE:DNB) and TransUnion, leading providers of cutting edge information products and insight to customers across all industries. D&B TransUnion ADC specializes in developing information technology products and predictive modeling solutions for Enterprise Risk Management, Credit Bureaus, Rating Agencies and Financial Services institutions.
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