Provenir, a leader in risk decisioning and data analytics software, today announced a new partnership with Istanbul-based consultancy firm, Gini Finance, to support further market expansion in Turkey.

The partnership will empower Turkish banks, fintechs and financial services organizations to incorporate industry-leading decisioning software in a bid to propel their move to digitize customer onboarding and enhance their credit risk processes.

Chris Kneen, Senior Vice President EMEA at Provenir, said: “Turkey is a dynamic and connected market, with a vibrant and well-resourced fintech landscape that is driving the digitalization of products and addressing the obstacle of financial inclusion. The banks are collaborating more and more with fintechs and our advanced technology can play a huge role in supporting them on their digital transformation journey.”

“Partnering with Gini Finance is a big step in being able to widen our support to the sector and make data, rich insight and real-time risk decisioning more accessible to the emerging ecosystem. Gini Finance have a strong track record in Turkey, unrivalled experience in the banking space, and we are delighted to announce this exciting partnership.”    

Mehmet Bozacioglu, Managing Director at Gini Finance, said: “After over a decade of implementing decision support systems to almost every financial services organization in Turkey, we know that data preparation and risk model deployment is tremendously important to these businesses. Provenir, a global vendor for decision support systems, brings to the Turkish market one of the most innovative tools in this space, that will empower banks to give better credit decisions. Its powerful platform delivers fast data integration and can operationalize machine learning models. We, with a local technical team, have already completed successful implementations with a leading bank in Turkey and are looking forward to connecting with more organizations in the future through this exciting partnership.”