Connectivity to customer data
Around the world, lenders are using multiple external data sources to enhance the credit risk assessment of an individual or company, especially for cross-border lending and multi-national organisations wanting to standardise their risk assessment approach.
With differing data types, formats and quality, and the technical challenges of creating and maintaining data links, accessing and using external data sources effectively can be a challenge.
Experian offers a unique Decision Analytics answer to this challenge; Connect+. Connect+ allows national and international organisations to access multiple credit bureaux from a single consistent system.
Overview
Connect+ allows organisations to access, consolidate and aggregate data from multiple credit bureaux and other sources within and across national borders.
The Connect+ system enables organisations to connect to credit bureaux. It allows organisations to access, consolidate and aggregate data from multiple credit bureaux and other sources within and across national borders by accessing a single system.
Every time an organisation interacts with Connect+ it can implement decision rules and provide consistent data. Organisations that operate across multiple countries can access credit bureaux around the world, while taking into account the necessary local requirements, enabling standardisation of risk assessment systems and processes.