CRIF Decision Solutions Forum 2010

The 2010 CRIF Decision Solutions Forum, which has now reached its twelfth edition, has recently concluded in Milan. Over 350 representatives participated, coming from banks, financial institutions, Italian Credit Guarantee Consortia and companies, as well as important representatives from international credit bureaus. Through the interactive workshops and testimonials, CRIF presented current developments and trends in the credit sector.

Decide > Move > Improve was the concept behind the twelfth CRIF Decision Solutions Forum, which was held at Palazzo Mezzanotte, Milan, on 12 and 13 May.
The move to improve was a recurring theme in the conference, which looked at the post-financial crisis scenario with a proactive and analytical approach. The key phrases of the Forum were a new era of credit, innovation and new strategies for successfully competing in this new economic situation.

On these subjects, banks, confidi, specialized financial companies, utility and telecom companies compared their experience. The format of this year’s dedicated sessions, introduced successfully in the previous edition, included specific Workshops, where experience, insights and ideas were shared and compared.

This year, alongside the Anti-fraud, B2B, Confidi, Marketing and Risk Management Workshops and the International Credit Bureau Workshop dedicated to international credit reporting systems, were the Innovate with technology and Salary-deducted loan workshops. These latter sessions looked at the challenges of keeping up to date with Information Technology, as well as salary-deducted loans in relation to the role and contribution of the credit reporting system, the management of fraudulent companies, and insurance risk of the consumer segment.

The CRIF Innovation Center – the exhibition area of the conference – allowed delegates to find out more about CRIF’s new technological solutions during both days of the Forum, and was presented along a course of 24 stands divided into 6 business areas:

  • Collection (Value 4 Collection)
  • Credit Risk (Value 4 Credit)
  • Fraud Prevention (Value 4 Prevention Solution)
  • Marketing (Value 4 Marketing)
  • Mortgages and Business Process Outsourcing (Value 4 Mortgages)
  • “Local” Credit (Value of Regional Data).

Among the new products for 2010 presented at the Forum were:

  • Zone Score, scoring models for marketing which take advantage of the potential of regional data to quickly, precisely and effectively segment the customers to be contacted
  • IDea – IDentity Effective Analysis, the CRIF solution for anti-money laundering in line with the latest legislation
  • Sprint Collection, the innovative outsourcing solution for credit collection
  • Sprint Confidi, the online solution for the assessment of guarantee applications
  • Sprint Com, the application processing system for the assessment of private and business clients dedicated to B2B
  • EURISC 2.0, the new generation of the CRIF credit reporting system and the innovative indicators (Financial Stress Index and Credit Limit Index) created to respond ever more effectively to market challenges in this new era of credit (Responsible Lending, Basel 3, etc.)
  • the anti-fraud solution suite - UCAMP compliant
  • SCAM COMPANY ALERT SOLUTION, a first in the Italian market for the identification of “take the money and run” companies
  • Business Process Outsourcing services for all the phases of mortgage origination, application processing and post-stipulation.

For more information contact: conferences@crif.com