MUMBAI, May 27, 2020: Experian, one of India’s leading data, analytics and decisioning companies today announced a partnership with Redington, the largest IT software and products distributor in India. This collaboration will further boost Experian’s commitment to help the Banking, Financial Services and Insurance (BFSI) industry with innovative analytics and technology solutions to enable smarter and faster lending decisions.
As part of this partnership, Redington will distribute Experian’s PowerCurveTM suite of products in India to a wider range of customers through their 15000-strong partner network. Experian’s PowerCurveTM solutions help clients acquire customers, automate processing and decisioning, increase revenue, and reduce acquisition costs and risks. Experian India will combine its expertise in decisioning and analytics and leverage Redington’s distribution network to enable a seamless flow of products and services to the BFSI industry including fraud detection, identity verification and prudent decision making for their customers.
Commenting on the partnership, Sathya Kalyanasundaram, Country Head and Managing Director, Experian India said, “Financial institutions that have well-structured risk management frameworks are most likely to weather the weakness in market sentiment and demand created as a result of Covid-19. We believe that these financial institutions will focus their investment towards analytics, fraud detection, digital customer acquisition, customer management strategies and build efficient collection processes. We have built smart solutions across all these key focus areas; to effectively assist such institutions in navigating the current times. We believe that Experian’s solutions along with Redington’s proven channel partner will provide the necessary impetus to aid the industry in these challenging times.”
R. Venkatesh, Executive Vice President, Redington, said, “At Redington, it is our endeavour to provide best-in-class solutions to our customers. We are very pleased to have the opportunity to represent Experian. Our association with Experian has come at a time that is critical for the BFSI industry. There is a lot riding on this sector and Experian’s solutions will allow them to make informed decisions.
"Experian’s analytics and data driven solutions leverage proprietary algorithms and tools to generate intelligent and actionable insights, making it easier to understand customers and their needs. The end-to end-solutions enable the user to automate customer acquisition, improve persistency, help to upsell and prevent frauds with smarter claim management. We are looking forward to this association to be a long and fruitful one.”
Experian is the world’s leading global information services company. During life’s big moments — from buying a home or a car to sending a child to college to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.
We have 17,200 people operating across 44 countries, and every day we’re investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Redington, commencing its Indian operations in 1993, is today positioned as the largest Supply Chain Solution Provider in emerging markets. As a group, Redington is present in India, Middle East, Africa, Turkey, Sri Lanka, Bangladesh, Singapore and CIS countries. Redington provides end-to-end supply chain solutions for all categories of Information Technology products (PCs, PC building blocks, networking, software and enterprise solution products) and Consumer and Lifestyle products (Telecom, Digital Lifestyle products, Entertainment products and Digital Printing Machines) to over 200 international brands. Visit www.redingtonindia.com to know more.