Credit Bureau Expertise

In today's highly competitive markets, lenders need to ensure that they are making the right credit decisions.

Why Choose Experian?

Mike Herman, Ford Credit Europe: 'Their innovative products and services enable us to access the data and interpret it quickly and consistently.'

Experian’s Bureau Formula

Our approach to the development of a credit bureau is to harness the power of the data that is available in each market.

The Experian Bureau Solution

A credit bureau system needs to be tailored to the market and legal requirements relevant to the country where the solution is to be deployed.

Value Added Products

Value added products are available to exploit the potential of the bureau data.

The Experian Bureau Solution

A credit bureau system needs to be tailored to the market and legal requirements relevant to the country where the solution is to be deployed.

Experian can provide a well designed, flexible and scalable bureau model that can be customized based on these local market needs.

A Turnkey Solution

Experian can develop and deliver a turnkey solution based on detailed requirements submitted by the Bureau Operator. This solution will include application software, IT infrastructure, and consultancy and operational support (if needed) for the initial live operation of the bureau solution.

From the hardware prospective, the solution will be equipped with high availability servers. There will be redundant equipment to cater for any hardware failures. Web servers will be configured for load balancing. All network hardware will be deployed in resilient pairs so the resilient partner will take over in the event of a failure.

A disaster recovery system will be deployed as single-legged environment within the secondary site (same site option is also available). The web server and application server will be exact copies of their equivalents at the primary site. The database will be updated from the main site DB server either on a per-transaction or per-hour/per-day basis.

Main Features and Tools

These are the main features and tools available within the Experian Credit Bureau solution.

  • Ability to capture positive and negative standard credit products and specific credit types (e.g. Islamic finance products, microfinance products, ...) for consumers and businesses; specific rules can also be activated for VIP data
  • Different data sources can be integrated within the credit reporting process, data be either loaded onto the bureau database or acquired by means of real time callouts to external data providers
  • Automated data acquisition, validation and load process to enable the subscribers to promptly and securely contribute their account portfolios
  • A comprehensive set of credit reports is available to meet different user needs and expectations; summary and detail sections are provided in different formats to accurately and efficiently support the subscribers credit application processing
  • Availability of different means to submit enquiries to the credit bureau system (WEB, CPU-to-CPU, batch...)
  • The bureau operator is provided with the ability to generate specific credit reports for those consumers/businesses that require a copy of their own report
  • Value added solutions are available to exploit the potential of the bureau data: bureau score, portfolio monitoring, risk triggers, fraud prevention tools can be integrated within the core bureau system and tailored to the requirements and data available within the local market
  • Extensive auditing system to monitor the bureau activity, specific reports are also produced to support the invoicing system
  • The data matching and retrieval process can be customized to the data actually available within the marketplace
  • Ability to capture the different applicants quoted within the application to be processed with one call to the credit bureau system; current and previous addresses can be captured for each applicant
  • Multi-language solution which can be configured to provide any language spoken within the local market (solutions have been deployed for English, Arabic, African languages...)
  • Multi-currency system, which can capture and process credit data in different currencies and then provide aggregated info in the currency selected by the user
  • Reciprocity and own data rules fully implemented and achievable at data type (positive, negative) and/or finance product level
  • Full set of housekeeping procedures available to ensure performance and availability of the bureau solution
  • State of the art Security rules and mechanisms fully implemented throughout the solution (user multi-factor authentication process, data encryption, digital certification, access rights control, logon times, access/security violation reports, DB privileges split across different users, firewalls, multi-tier bureau structure, VPN access, PKI...)
  • Highly performing bureau model, available 24/7 with the ability to process more then 700,000 bureau enquiries per hour by thousands of concurrent users

Experian and the Experian marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.