Central Banks

Credit Bureau

CRIF is a leader in the provision, management, and operation of credit bureaus worldwide. CRIF’s unique mix of a state of the art technological platform, fully customisable local components, and wide availability of value added solutions has ensured successful installation and continued growth of our bureau solutions in 20 countries since the 1990s. As an expert operator of credit bureaus in four continents, CRIF has been able to support many greenfield markets in transitioning from start-up to regional leaders, whether through consulting, participation at the board level, or direct ownership.

CRIF Credit Bureau Solution (C2BS)

C2BS is a state of the art solution for Credit Bureaus. Fully functioning out of the box, yet deeply customisable according to the needs of each client and fully scalable, it represents a complete solution for any credit bureau needs. Whether your needs are a “pocket bureau” for a single institution, a “vertical bureau” for a specific sector, or a full-service, cross-sectoral credit bureau solution, C2BS is the solution for you. The solution’s flexibility allows customizations and price sensitivity to work for small countries in developing economies, as well as for the largest countries in advanced economies.

C2BS includes specific modules that make it uniquely qualified as a solution for public bodies wishing to create a Credit Registry, by focusing on reporting, compliance, and oversight features.

C2BS is sold both as a solution installed in house at our client’s selected datacentre, or As-A-Service in a cloud environment hosted at CRIF’s own high security and high availability datacentre.

“Glocal” Credit Bureau Score

A credit bureau score is a statistical indicator of the likelihood a customer will default over the next year on a payment, given that customer’s historical behaviour as evidenced by the credit bureau data. Credit Bureau Scores are invaluable tools to improve the analytical powers of credit risk managers, and implement automated decision policies.

Scores can be either “expert” or “customised”.

The GLocal Credit Bureau Score is an expert score that comes integrated in the C2BS. It is useful as a “start-up” score in situation where no reliable historical data is available. The model was developed using data of different countries in which CRIF has Credit Bureau customers. In the period afert implementation of a new credit bureau solution (3 to 18 months) as data is processed and stored by the bureau, it is possible to perform a validation which consists in testing the “GLocal” score forecasting capability and, if necessary, re-estimating it in order to fine-tune the scorecards weights.

Customised Credit Bureau Score

A credit bureau score is a statistical indicator of the likelihood a customer will default over the next year on a payment, given that customer’s historical behavior as evidenced by the credit bureau data. Credit Bureau Scores are invaluable tools to improve the analytical powers of credit risk managers, and implement automated decision policies.

Scores can be either “expert” or “customised”.

CRIF has an extensive experience in creating customised scores on top of our bureaus. The Perform customised score allows a full rank ordering of any client’s portfolio according to the probability of default of their clients. With customized score cards by product and subject type, the perform score is used by CRIF clients to segment their clients leading to faster and more accurate decisions at all stages of the loan cycle. 

CRIF Gateway

In today’s world, the challenge is no longer data unavailability, but rather accessing the multiple data sources that are out there, in the right logical sequence, and being able to compile and analyse the result.