BankersLab to help Qarar maximize data-management solutions

BankersLab, a U.S.-based provider of simulation-based training for the retail banking industry, said on Tuesday that it has partnered with Dubai-based advanced analytics consulting firm Qarar in a collaboration that will provide Qarar with powerful learning tools, including simulation and scenario gaming, enabling the company to transform clients' knowledge base and business outcomes.

"It is my pleasure to announce our partnership with Qarar," BankersLab CEO Michelle Katics said. "The Middle Eastern market has enjoyed the increased availability of tools, credit bureau data and analytics. Lenders now have the task of building the skill sets of their teams, so that they can leverage the tools and data effectively. We are excited to be working with Qarar’s talented team to bring our learning solutions to the retail banking community in the Middle East."

Qarar specalizes in risk management and analysis of data, allowing it to provide effective consulting services to their clients, specifically in growing industries and sectors in the Middle East and North Africa.

“Access to ever-increasing data and application tools is fueling growth opportunities in the financial services industry," Qarar CEO  Zaid Kamhawi said. "To adapt and thrive in this domain of advanced analytics and evolving credit markets, lenders need to manage complex and large-scale organizational change."