Launched in 2004, SIMATI is the 1st core system in Saudi Arabia which provides detailed credit reports of individuals indicating their financial stability, including positive and negative credit information enabling members to make informed credit decisions. SIMATI is also the sole input in generating the SIMAH credit score which is used as a first glance reference point to assess the credit worthiness of an individual.
SIMATI was registered as a Trademark for SIMAH in 19th December 2018. It stands for “My Characteristic” in Arabic referring to an individual trait, identity and behavior which are completely different and unique from any other individual. SIMATI’s “characteristics” are embodied and represented by a logo of a “thumb imprint” which is a unique biometrics solution of an individual’s authentication.