Credit Bureau Solution is a complex information system for the exchange of information about the payment moral of clients of financial and non-financial institutions. It is a very important tool for evaluating the financial position of potential and existing clients of credit providers, insurance companies, mobile operators and other institutions, who may find in the shared database the relevant current and historic details on the method of repayment of obligations of natural persons, entrepreneurs and companies either in a simple or in a complex form on the basis of reciprocal exchange of information. These details are also completed from other external resources of data available on the market.
Credit Bureau Solution was created according to the highest standards of quality and safety required by the banking sector and it fulfills the strict criteria valid for the global operators of the client data registers.
Users:
- Banks
- Leasing Companies
- Hire-Purchase Companies
- Insurance Companies
- Telecommunication Operators
- Other Non-Banking Users (power distributors, etc.)
Our solution
Credit Bureau Solution is a modular system providing on-line information gathered from many different resources. The basic database contains updated information in the agreed structure, which is provided to individual users on the basis of reciprocity. We provide full support for insertion and data updates in the register, arrange their integration and matching, thus offering through this system a complex database of information about natural persons, entrepreneurs, legal persons focused on their payment moral, positive and negative data on their payment history, information on the entire credit indebtedness, on current and historical problems connected with repayment of obligations, on types of guarantees and guarantees of credit products and also about the mutual relations among the units. This information is upgraded by the relevant data from external resources (court, commercial registers, various lists of debtors, etc.)
All information contained in the database is available for users in the form of several types of reports of different structures, contents and scope of details, so that the user can directly draw the information they are interested in. Support for the evaluation and examination of information received from the system forms an important part of the solution. We also carry out Credit Bureau Scoring based on the analysis of all historical data in the shared database.
Our clients are also offered the application used internally for complete ensurance of communication with our Credit Bureau Solution and other existing registers: Bureau Connector.
The system contains the following modules and functionality:
- Credit Bureau Front Office - Web application, which enables the creation of inquiries to individual units and work with their credit reports. Communication with the system is either manual (only access to the Internet and user’s name and password are necessary) or automatic by means of API XML.
- Credit Bureau Back Office - Web application, which enables data updates by the user. Automatic updates by means of API XML or a manual input is generally used for information updates (in general on a monthly basis).
- Credit Bureau Monitoring - A module, which enables the definition and proceeding automatic monitoring of VIP clients of the user with feedback indications at the moment of occurrence of a pre-defined event (e.g. automatic report on new negative information about the client sent to the database by other users).
- Credit Bureau Statistics - Through this system a user monitors statistical details on their data inserted into the system and their own activity within the system (number of questions during various periods, etc.)
- Credit Bureau Billing - By this module the flexibility of the system operator defines its price policy, tariffs, discounts, bonuses, etc.
- Credit Bureau Reports - Internal module of the system, which enables the definition of structure and contents of individual credit reports.
- Credit Bureau Logging & Administration - Configuration of application, database and users’ accounts administration, inspection and other works with logos (every activity of all users in the system is registered).
Credit Bureau Solution was created using state-of-the-art technology (Microsoft.NET) and fully corresponds to the high safety standards used in the banking sector.
Should you require more information about Credit Bureau Solution contact us through e-mail cbs@creditinfosolutions.com or by phone.