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Experian to provide international business credit insight to Indian businesses

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Announcement Corporate

Experian®, the global information services company, today announced the launch of its Business Information Services in India. From today, Experian will provide international business information reports on businesses from 200 countries to Indian businesses and banks.

Experian Business Information Reports will enable Indian credit insurance agencies, exporters, importers, banks and other organisations involved in cross-border business to understand more about their trade partners, for example, their financial stability and credit worthiness.

As the global leader in information services, Experian is in a unique position to provide accurate and comprehensive business information reports providing incorporation details, line of business, financial statements, adverse data (court rulings, winding up petitions), credit history, payment performance and management history. This information is refreshed on a daily basis and includes key markets such as the US, UK, Brazil, China and Singapore.

 

The report also includes a credit score indicating the credit worthiness of each business. Where permitted, Experian reports combine business information with credit bureau data in most international markets where Experian is present. Inclusion of bureau information is vital for decision making especially in markets where financials are not available due to local regulatory environment.

Navin Chandani, Managing Director of Experian Business Information Services, India, comments: “The launch of Experian Business Information Services in India further emphasises our commitment of providing world class data and analytics to Indian businesses. Our reports provide predictive credit scores and recommend credit limits for businesses. These are used by top banks, government institutions, regulators and export credit insurers from across the globe to better manage the risk and reward of their commercial decisions.”

About Experian
Experian is the leading global information services company, providing data and analytical tools to clients in more than 80 countries. The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion. Experian employs approximately 15,000 people in 41 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

For more information, visit http://www.experianplc.com.

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First Published: Jun 06 2011 | 7:36 PM IST

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