One-stop solution for data insights to deliver competitive analysis and credit industry trends
Equifax India, registered as Equifax Credit Information Services Private Limited (ECIS), today announced the launch of Credit Insight, a data intelligence platform that provides an online access to the lending market data (both for MFI and Retail) to help understand sourcing, portfolio exposure and delinquency.
Credit Insight from Equifax leverages the Equifax’s India bureau data to deliver competitive insights to organizations. It allows the institutions to benchmark against customizable peer groups, geography, delinquency trends, product performance and also the industry across various dimensions. Credit Insights from Equifax provides a safe and secure way to leverage data to deliver competitive analysis and by offering multiple drill downs and filters to analyze the data, with a web-enabled platform to view the data segmented as per business needs for dynamic data iterations with a quick turnaround time.
“The increased focus on quick business decisions requires a need for competitive intelligence to evaluate strategies,” said K M Nanaiah, Country Head, Equifax India. “Credit Insight offers online access at the click of a button to provide a holistic view of the credit ecosystem to aid decision making based on industry, peer, geographical and product performance. It’s a data insight platform leveraging the vast data of the Equifax India bureau to deliver competitive insights to the lending market.”
“Credit Insights has helped to make the data meaningful to us. Past performance and updated current status of lending industry data at click of a button in an easily consumable way is delivered through this platform,” said Srinivas Bonam, Head of Inclusive Banking, IndusInd Bank.
Credit Insight from Equifax is an online platform to view the data segmented as per business needs and address market needs of information on sourcing trends, vintage analysis, portfolio performance indicators, delinquency trends and segment wise benchmarking.
Equifax is a global information solutions company that uses unique data, innovative analytics, technology and industry expertise to power organizations and individuals around the world by transforming knowledge into insights that help make more informed business and personal decisions.
Headquartered in Atlanta, Ga., Equifax operates or has investments in 24 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor’s (S&P) 500® Index and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax employs 10,100 employees worldwide.