Assess Risk & Financial Stability
Predict the future and get the complete client picture to ensure you make balanced risk management decisions.
The information a new customer submits during an application can only ever give you a partial picture. Any decisions you make are limited by the accuracy and reliability of this information.
Equifax gathers and matches data from a wealth of sources: from public data only available to credit reference agencies, to data shared by Equifax Insight members in a wide range of industries, from banks to utilities.
Having the data is the first critical step. The next is ensuring that you can retrieve as much of it as possible. Finally, Equifax's market-leading intelligence allows you to make the right decisions about risk and financial stability.
Equifax can show you the whole picture: an individual's assets and liabilities, their overall financial stability, and the risk to your business of offering them credit.
Why choose Equifax?
With data integrity as our foundation, we can identify when separate records should be attributed to one individual or one address. You get a complete picture of that person's financial situation – including any accounts they already hold with your business.
We can help you:
- Discover the financial position of an individual or business, by combining our extensive consumer and B2B data resources with our proven name and address matching capabilities
- Make profitable decisions by predicting the outcome of you doing business with the customer over the course of your relationship
- Calculate the risk to your business, and decide whether or not to offer credit based on thresholds set by you
- Predict whether an individual is likely to remain financially stable, including whether they can afford additional products and services, using credit, asset and income data.
Our solutions range from the simple to the sophisticated, depending on whether you need a basic view or something more comprehensive and dynamic. We can also supply varying levels of data and solutions to address high volume and one-off requests.
If we don't yet offer a tool that's right for your business, call our consultants. They'll work with you to define your unique risk and financial ability assessment needs and develop a bespoke solution.
‘"Four years ago we selected Equifax for the accuracy and depth of their data, imperative to our credit management strategy. This helps us deliver a prompt and efficient service to customers - they are reliable in this respect with a great track record of availability. Almost more importantly, if there is ever a problem or delay - they let us know, their service levels are excellent."Sean Weston, Venture Finance Plc