Experian, the global information services company, today announced that it is to provide De Lage Landen International, a global provider of high quality asset-based financing products and part of Rabobank Netherlands, with its New Business Strategy Management decisioning technology. The tool will enable the company to accurately assess the risk of applicants and make fast decisions while identifying opportunities to expand relationships with customers in the business-to-business market.
To ensure accurate decisioning, Experian’s technology combines application data with information from internal and external sources to gain a complete picture of each applicant’s credit worthiness.
Experian’s technology will enable De Lage Landen’s Credit Risk Management team to establish and maintain customer management strategies centrally and then deploy them in a matter of seconds across the organisation in different offices and countries, for every customer contact. The system will eventually be rolled out globally in many countries where De Lage Landen has a presence.
Project co-leads Fal de Saint Phalle and Eric JanssensofDe Lage Landen International, commented: “New Business Strategy Management has been selected to support our new global origination process flow, including underwriting an applicant’s credit application through automated credit scoring and decisioning, calculating Expected Loss parameters for Basel II compliancy and assigning terms and conditions to approvals. Thanks to Experian we will be able to expand operations across countries and lines of business while continuously monitoring the global process flow to assure that our new business strategies are performing efficiently.”
Marco Nobel, Head of Experian’s Decision Analytics division Netherlands, said: “We have a strong relationship with De Lage Landen International that will benefit from our flexible tools and expertise –enabling the company to deploy internationally consistent credit risk policies across the organisation.”
For further information on the press release please contact:
Beatriz Sanjuan, Media Relations Experian Decision Analytics EMEA
Tel: +34 617 390 451
Email: beatriz.sanjuan@experian-scorex.es