Equifax: Powering the World with Knowledge
Nanaiah Kalengada, Managing Director, Equifax Credit Information Services Private Limited and Country Leader - India & MEA, Equifax
Equifax operates in India through Equifax Credit Information Services Private Limited (ECIS) and Equifax Analytics Pvt. Ltd (EA). The credit bureau, ECIS, a joint venture between Equifax Inc., USA and six leading Indian financial institutions started operations in India in 2010. Over the last eight years, the credit bureau has grown to thousands of members which includes banks, NBFC’s, microfinance companies, and insurers. Many of these members provide data on repayment information on millions of Indian consumers.
Equifax Analytics, a wholly-owned subsidiary of Equifax Inc., is driving customer profits through incisive analytics and pragmatic business acumen. It is a global data, analytics, and technology company that uses its unique and differentiated data assets, innovative technologies and industry expertise to power organizations as well as individuals around the world. The company transforms knowledge into insights that help customers and consumers make more informed business and personal decisions.
Blending unique data, analytics, and technology to create insights that help lenders make more informed decisions and help people live their financial best
Digital Lending journey enabled by Equifax Solutions
Equifax powers Customers digital lending or straight-through processes aspirations via Data and Insights, Analytics and Technology. Data and Insights includes Understanding consumer credit behavior, Bureau Data (Retail, MFI and SME) and Alternate data, High data acceptance, Data standardization and data quality. Analytics embraces specialized BFSI focused analytics on powerful data, specialized BFSI focused analytics with Internationally acclaimed products and service delivery is our strength, Unique insights, Custom built solutions, Broad based solutions that work across business units and Technology takes into account tools and platforms for data analysis and decisioning, Proprietary searching and matching algorithms, Multi bureau intelligent routing capability, System to System connectivity, Access to global technology expertise and thought leadership.
Equifax’s Interconnect is a ready to use cloud based technology platform with pre-built data integrations, rules, scorecards and models. Interconnect is a secure, cloud-based decision management platform that empowers you to define and execute decision policies at the front line Headquartered in Atlanta, Equifax operates across twenty-four countries in North America, Central, and South America, Europe, and the Asia Pacific region. It is a member of Standard & Poor (S&P) 500 Index and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. With more than 120 years of experience, Equifax employs 11,000 employees worldwide.
Equifax is recognized in Top 100 American Banker FinTech Forward list (2015-2016). It is among Top Technology Provider on the FinTech 100 list (2004 2016). The company is InformationWeek Elite 100 Winner (2014-2015). It is recognized by Atlanta Journal-Constitution as Top Workplace (2013-2017) to Work. It is named as World’s 100 Most Innovative Companies (2015-2017) by Forbes.