Anna White / Victoria Collinson
Tel: + 44 (0)20 7802 2626
EXPERIAN INCREASES COLLECTIONS INSIGHT
WITH NEW DATA ENHANCEMENT SERVICE
Nottingham, UK, 18 February 2009 – Experian®, the global information services company, today launched a new data enhancement service for the UK collections market. Powered by Experian’s data and analytics, the new service will help lenders and collections houses improve customer insight by scoring and appending a range of valuable information to customer files.
Representing the latest addition to Experian’s Strategic Collections Platform, the data enhancement service enables collectors to better assess the propensity of each customer’s ability to pay, maximise right-party contacts and more effectively prioritise debt for collection.
The full service, run as a fast and effective batch process, will:
The combination of these insights will enable collectors to prioritise their debt portfolios by ranking debtors based on ease of collection and also improve the allocation of collection resources.
Simon Waller, Head of Collections at Experian, commented: “Our latest collections service is unmatched in the marketplace and is yet another example of Experian driving innovation where clients need it most. By successfully tracing more debtors and arming collectors with accurate, up to date and enhanced customer information, organisations will realise dramatic improvements in right-party contacts, promises to pay and promises kept.”