Experian®, the global information solutions company, has strengthened its leading position in the market for decision support, analytics for risk management with the acquisition of Prologia, a software company specialising in financial risk planning and management. Prologia is particularly strong in the French mortgage sector.
Created in 1984, Prologia has been part of the Air Liquide services group since 2000. Prologia will become part of Experian-Scorex, Experian’s specialist decision support business, and will enable Experian-Scorex to enlarge its portfolio of risk management solutions.
“Decision solutions is a key activity of Experian and we continue to invest both in research and development as well as in acquisitions. Prologia brings us its expertise and knowledge of the property market, which is key to the banking and finance sectors. We will be better armed and positioned to answer their needs. This acquisition further emphasizes our market-leading role in the decision support arena,” said Roger Aubrook, President of Experian-Scorex.
Anne-Françoise Douix, Managing Director of Prologia, added:
“We are really proud of becoming part of Experian. The combination of our complementary product portfolios will strengthen both our companies, providing our clients with more advanced solutions, while giving Prologia immediate access to international markets for its solutions.”
The acquisition is consistent with Experian’s global strategy of acquiring complementary businesses that provide new products, new data or entry into new vertical or regional markets, while leveraging the core assets of Experian.
This press release can be downloaded from http://press.experian.com.
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Experian is the global leader in providing value-added information solutions to organisations and consumers. It has an unrivalled understanding of individuals, markets and economies around the world.
Experian provides information, analytics, decision-making solutions and processing services. It assists organisations understand their markets and customers and helps them find, develop and manage profitable customer relationships to make their businesses more profitable.
Experian promotes greater financial health among consumers by enabling them to understand, manage and protect their personal information and helping them control financial aspects of key life events.
Experian works with more than 50,000 clients across diverse industries, including financial services, telecommunications, healthcare, insurance, retail and catalogue, automotive, manufacturing, leisure, utilities, e-commerce, property and government. A subsidiary of GUS plc with headquarters in Nottingham, UK, and Costa Mesa, California, Experian’s 12,000 people in 28 countries support clients in more than 60 countries. Annual sales are about £1.4 billion.
For more information, visit the company’s website on www.experian.com.
The word ‘Experian’ is a registered trademark in the EU and other countries and is owned by Experian Ltd and/or its associated companies.
Experian-Scorex is a global leader in the supply of decision support solutions. Its solutions support billions of customer decisions annually for clients in more than 60 countries. Experian-Scorex solutions bring together predictive analytics, decision support technologies and strategy optimisation to enrich customer data and allow organisations to proactively manage their relationships with their customers.
Used across the full customer life cycle, enterprise-wide decision support solutions enable organisations to increase income, manage and control credit risk and fraud, reduce operational costs and so increase overall profitability. Experian-Scorex works closely with clients across diverse industries, including financial services, telecommunications, retail, leasing, automotive, insurance and utilities.
Experian-Scorex solutions and services focus on extracting intelligence from all customer data sources in order to build a comprehensive picture of customer needs and financial stability. This customer level view and the ability to deliver customer level decisioning has proved to be particularly important in retail banking, where a customer may hold multiple products. For over 20 years, Experian-Scorex has provided these solutions to the majority of the world’s largest retail banks to help them manage these complex relationships.
As part of the global Experian organisation, Experian-Scorex has more than 30 years experience of managing bureau data, adding intelligence to that data and delivering scoring solutions. Experian-Scorex maintains connectivity with over 70 credit bureaux worldwide and, with 30 offices around the world, it is uniquely qualified to support local, national, regional and global businesses.
Its global headquarters are in Nottingham, UK, Monaco, and Costa Mesa, CA, USA.
For more information, visit the company’s website on www.experian-scorex.com.