Subsidiaries

 

Statistical Decisions Hellas S.A. (StatDec) is a subsidiary company of Tiresias S.A. Group of Companies since September 2025. StatDec acts as the Group's advisory and analytical arm, enabling Tiresias to enter the field of advisory/consulting for the first time and offer financial organizations, businesses, and individuals comprehensive support solutions for risk management issues. In addition, it enhances Tiresias' existing services in the areas of scoring and analytics with expertise and employees specializing in new technologies, reinforcing the reliability of Tiresias' data and services with innovation and measurable impact, in order to deliver meaningful value.

StatDecis a niche advisory firm with more than 30 years of operations in Greece, Cyprus and the Balkans, that uniquely combines expertise in advanced analytics, credit risk modeling, and data-driven decision support. Leveraging its deep experience in model development, validation, and modelling support as part of regulatory compliance (IFRS 9, IRB, etc.), StatDec helps financial institutions and companies strengthen their risk management and analytics frameworks and optimize business performance. In addition, it incorporates innovative technologies, such as Artificial Intelligence (AI) for data assessment and categorization, while also developing models for optimizing delinquent debt management strategies.

During its longstanding operations in Greece, StatDec has collaborated with most financial institutions in the country, mainly in retail banking and small business lending, where data-driven decisions are critical. Its activities also extend beyond Greece, with projects across Eastern Europe, having worked with more than 60 institutions of various sizes, sectors and levels of maturity in 8 countries.

For more information, visit StatDec webpage.