Strong risk management processes are the foundation of effective enterprise risk
management. For organizations processing large volumes of transactions, risk management
processes must be not only well-designed but also extremely agile. For example, companies
making credit decisions must be able to identify fraudulent activity “on the
fly” as applications come in.
Experian® excels at helping clients mitigate business risk through
a variety of products and services designed to improve risk management processes.
Verify Applicants and Potential Customers
You can reduce credit risk significantly by evaluating potential customers before
doing business with them. Authenticate
customer identity, verify credit-card usage and locate any inconsistencies between
application and credit-report data.
To address commercial credit risk, you can verify business linkage and ownership,
evaluate default risk and determine creditworthiness.
Take Action at the First Sign of Trouble
Identifying risks early is critical to managing credit risk. You can reduce risk
by measuring and predicting consumer default as well as monitoring the financial integrity
of business customers. By receiving alerts
on credit activity — such as inquiries, late payments or changes in
public records — you can help identify unexpected portfolio risk at its earliest
Identify Profitable and Risky Accounts
By proactively managing
customer accounts, you can help minimize risk from customers experiencing negative
credit events. At the same time, monitoring your portfolios carefully allows you to
identify profitable accounts and extend credit to the right customers in order to
maximize revenue opportunities.
Get More Information
The form below is for requests from businesses only. If you are a consumer
looking for fast resolution to your consumer credit questions, please visit our Personal
Services Contacts page.