CGI’s Strata® Enterprise Earns Arum Approved System Certification
In an impressive stride towards enhancing decision-making in the realm of collections and debt recovery, CGI's IP-embedded decision engine, Strata® Enterprise, has successfully attained the prestigious Arum Approved System certification. This certification is the result of a thorough evaluation by Arum Global, a leading independent advisory firm in the UK specializing in collections and revenue management. This endorsement underscores CGI's commitment to providing advanced technology solutions that meet industry needs.
Overview of Strata® Enterprise
Strata® Enterprise is not just any decision engine; it serves as the backbone of CGI's Credit Studio, a cutting-edge, cloud-native platform designed to streamline the credit life cycle. With functionalities that extend to loan origination, credit fraud detection, and debt recovery, Strata® Enterprise ensures businesses can design and implement efficient decision-making strategies tailored to their operational needs.
Jaime Lockey, a consultant from Arum Global, remarked, "Following our rigorous review, we are delighted to award this certification to CGI's Strata Enterprise, reflecting its surpassing performance against our benchmarks. The system demonstrated exceptional flexibility and capability in addressing complex collections scenarios."
The Power of Predictive Analytics
One of the core strengths of Strata® Enterprise lies in its ability to leverage AI and statistical models, making it a game-changer for organizations seeking faster and more informed decision-making. Retail Lending Vice-President Kelly DeForest emphasized the competitive edge offered by Strata®, stating, "Our solution facilitates quicker collections and credit decisions, all while maintaining a seamless integration of predictive insights across various platforms. The Arum certification adds an extra layer of credibility and trust for our clients."
Key Features and Advantages
The Arum Global review noted several strong points about Strata® Enterprise, positioning it favorably within the industry:
- - Governed Decision Making: Strata supports predictive models while ensuring that decisions remain transparent and easily interpretable.
- - Optimization and Transparency: Users benefit from features like simulation testing, providing clarity on decision processes and the rationale behind outcomes.
- - Flexible Deployment Options: Strata® can be deployed across various platforms—from mainframe systems to cloud environments—enabling organizations to modernize their operations without a massive overhaul.
- - User-Friendly Strategy Design: Even non-technical users can formulate and manage decision strategies without significant coding knowledge, fostering an inclusive approach to decision-making.
Arum Global also pointed out the operational robustness of Strata®, highlighting its high-speed decision-making capabilities, scalability, and strong integration possibilities, which collectively enhance organizational efficacy.
Conclusion
As part of CGI's extensive IP portfolio, Strata® Enterprise represents a critical tool for organizations aiming to optimize their decision-making processes in the credit lifecycle. By integrating technology that enhances transparency, control, and operational confidence, CGI continues to empower businesses to navigate the complexities of today’s financial landscape. The Arum Approved System certification serves as a validation of Strata's efficacy, reinforcing its position as a leader in collections and debt recovery decision-making.
For more details about CGI and their innovative solutions, you can visit
cgi.com.