Equifax Analytics Pvt.Ltd, an information solution provider of predictive analytics, has partnered with Finesse, a Dubai-based systems integrator to drive digital transformation in financial institutions across the Middle East.
In terms of the agreement, Finesse with help financial institutions to rollout digital transformation initiatives through Equifax's BureauOne platform. BureauOne is a single platform that can easily integrate with existing systems, providing the convenience of a single inquiry point and allowing consolidation of data from multiple bureaus. In addition, the web-based on premise solution provides seamless integrations with loan origination, management system and bureaus.
"Having bureau business across multiple countries ourselves, we understand the importance of investing in and offering digital banking solutions," said K M Nanaiah, country head, Equifax India.
Nanaiah said this solution empowers lenders and businesses' digital journey by making better underwriting decisions in a cost effective and timely manner while eliminating duplicate efforts to input and retrieve consumer information."Finesse comes from a background of having in-depth knowledge and long standing experience in the banking and financial institutions domain," he said.
Sunil Paul, COO, Finesse, said the partnership will further strengthen the company's commitment to deliver digital workplace technologies to customers using cutting-edge solutions like BureauOne Analytics. "Finesse customers will leverage the platform for fast and efficient processing of their client's loan applications," Paul added.
BureauOne Analytics is highly configurable and adaptable to needs of the institutions helping them in monitoring bureau performance, response time, hit rate and even reduce operational costs for our customers.