Who are CESCE?
CESCE group is the 4th-largest credit and surety group in the world and the 2nd-largest in Spain. They have almost 1,500 employees and, in 2019, the group reported after-tax profits of €22.9 million.
CESCE is the head of the group — they are 50.25% owned by the Spanish State and their shareholders include Banco Santander (23.8%), BBVA (16.3%), and other Spanish banks and insurance companies.
The problem:
CESCE need to know, as accurately as possible, the risk they assume when granting commercial loans. To estimate this risk, CESCE gathered huge amounts of information about their customers but were unable to process all of it because of database limitations.
The solution:
Migrating from Oracle to LeanXcale.
The result:
The maximum indemnity liability calculation is now performed two orders of magnitude faster. This acceleration allows more information to be processed, improves forecasting capacity, and improves the efficiency of calculations.
See what Fernando San Martín, CESCE's Head of Digital Business, Digital Transformation, and Innovation, and Karim Kaidi, CESCE’s Director of Systems and Organization, think about working with LeanXcale.
If you want all the project details, watch our webinar with Karim Kaidi, CESCE’s Director of Systems and Organization.
You can also read the analysis of the success story made by independent IT consulting company PENTEO.