Experian’s new Financial Stability Risk ScoreSM identifies businesses with highest likelihood of business failure
Costa Mesa, Calif., Dec.12, 2011 — Experian®, the leading global information services company, today announced the launch of its Financial Stability Risk ScoreSM, a new tool that allows credit and lending professionals to identify accounts at the highest risk of business failure. Use of the new scoring model brings improved financial results by enabling users to segment businesses into risk categories, identify the accounts that are most likely to fail and set policies to limit risk exposure.
“In today’s economic climate, it’s become increasingly important for organizations to improve efficiencies and reduce losses,” said Allen Anderson, president of Experian’s Business Information Services. “Financial Stability Risk Score provides our clients with a powerful segmentation tool, allowing them to make better decisions and to identify accounts with the greatest risk of business failure.”
Leveraging Experian’s deep analytical expertise and extensive data assets, the new score is designed to predict the likelihood of business failure over the next 12 months.
Utilizing Financial Stability Risk Score, clients can:
• Accelerate decisions by segmenting risk and putting applications on the fast track for approval, decline or review
• Increase profits by screening out the riskiest accounts
• Improve efficiencies by focusing resources only on the accounts that require review
Financial Stability Risk Score complements Experian’s full suite of highly predictive business credit scores. The tool provides a quick assessment of risk with an easy-to-understand 1 to 100 score and a 1 to 5 ranking according to risk level. For more information about Experian’s Financial Stability Risk Score or its other leading business-to-business products and services, visit http://www.experian.com/b2b.
Experian Public Relations
1 714 830 5578
About Experian’s Business Information Services
Experian’s Business Information Services is a leader in providing data and predictive insights to organizations, helping them mitigate risk and improve profitability. The company’s business database provides comprehensive, third-party-verified information on 99.9 percent of all U.S. companies, with the industry’s most extensive data on the broad spectrum of small and midsize businesses. By leveraging state-of-the-art technology and superior data compilation techniques, Experian is able to provide market-leading tools, such as BusinessIQSM, that assist clients in making real-time decisions, processing new applications, managing customer relationships and collecting on delinquent accounts. For more information about Experian’s advanced business-to-business products and services, visit www.experian.com/b2b.
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 March 31, 2011, was $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; Costa Mesa, California; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com.
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.