Experian Credit Information Company of India Private Limited, the first CICRA licensed credit bureau in India, announced the launch of Experian Account Review and Experian Premier Attributes, the latest offerings from Experian’s Customer Management Services Suite.
Experian’s Account Review allows banks and NBFCs to segment their customer portfolios in multiple ways and conduct periodic reviews to devise customer level credit strategies. Banks and NBFCs will for the first time experience the flexibility of being able to define attributes in alignment to their internal credit policies to review customer portfolios.
In addition to the customised attributes, banks and NBFCs will also have access to a list of Experian Premier Attributes for conducting their Account Reviews. Experian Premier Attributes are a collection of parameters which have been developed by a global team of leading analytics experts. These attributes are a result of decades of research and an unmatched experience of operating 16 consumer credit bureaus globally.
On this occasion, Phil Nolan, Managing Director, Experian Credit Information Company of India Private Limited, said, “Experian continues to deliver on its promise of introducing cutting edge solutions for the Indian credit industry. Experian Account Review and Experian Premier Attributes have enabled hundreds of financial institutions to better manage credit limits; undertake credit risk screening for cross-selling new products and services; manage collections & recoveries and predict the propensity for additional borrowing.”
“Cross selling and up-selling to the right set of existing customers can help Indian banks and NBFCs achieve their growth targets while better managing the risks associated with them.”
