Santander chooses Experian’s PowerCurve for customer growth

Published: March 27, 2014 by Matt Tatham

Santander, one of the UK’s leading providers of current accounts, mortgages, loans and savings products, has signed a five year contract for the deployment of Experian’s Originations and Customer Management products on their PowerCurve™ platform, to support its customer acquisitions and portfolio monitoring processes. The PowerCurve Originations and PowerCurve Customer Management solutions will help Santander support customer acquisitions and portfolio review processes across their retail and business banking products

The PowerCurve platform allows Santander the ability to create unique profiles for each of its customers, encompassing each customer’s entire relationship with the business. This includes scores and metrics for risk, affordability, profitability, propensity to pay and lifetime value.

Mark Staveley, Chief Credit Officer at Santander UK, comments: “The ability to share strategies across products, portfolios and lifecycle stages was pivotal to our software selection and partner of choice. We were looking for a partner with proven experience of delivering highly complex, large scale credit risk infrastructure projects under demanding timescales, and to work in an integrated manner with the business.  We selected Experian because of the business’ ability to meet our requirements and experience in undertaking platform hosting solutions.”

You can read the full Santander press release here: http://bit.ly/1jDyHYR

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