Statistical Decisions Hellas S.A. (StatDec), a niche consulting specializing in credit risk analytics and data-driven decision models, with over 30 years of experience supporting financial institutions in Greece and abroad, announces its acquisition by Tiresias S.A., the only Credit Bureau in Greece and a member of the Association of Consumer Credit Information Suppliers (ACCIS).
Through this strategic partnership, StatDec becomes the consulting arm of Tiresias, enhancing the overall value proposition offered to market participants. Under the agreement, StatDec will continue to operate as a distinct entity and as a member of the Tiresias S.A. Group.
The affiliation of the two companies creates significant synergies, enabling the provision of comprehensive risk management and consulting services to the financial sector, businesses, and individuals. StatDec will continue to serve its clients with the same professionalism and commitment, while leveraging the scale and resources of Tiresias to deliver innovative, high–value-added tools and services.
Mr. Nikolas Karanasios Chief Executive Officer of StatDec, stated:
“Tiresias’ investment in StatDec marks a strategic step forward, creating a new value proposition in the market. By combining StatDec’s expertise in consulting and analytics with Tiresias’ unique data and know-how in credit risk assesment, we are equipped to deliver even more reliable and impactful solutions to our clients.”
Mr. Ilias Xirouhakis, Chief Executive Officer of Tiresias SA, stated:
“By acquiring StatDec, Tiresias takes a bold step towards becoming a world class Credit Bureau, providing modern data analytics services and risk management consulting services. The acquisition is a considerable investment in the responsible financing of businesses and individuals and as such, in the sustainability of the Greek economy, further strengthening the institutional role of Tiresias."