•
•
•
•
Eurisc Total Value

 
The innovative CRIF solution for the assessment and monitoring of each customer segment - consumers, households and businesses - tailor-made to the specific requirements of the credit institution.

The way of granting credit to households and businesses is radically changing due to regulatory developments (relating to privacy and risk management under Basel II), the growing attention to and from the world of consumers (with possible regulatory reverberations at both EU and national level), the reconstruction of the borrower portfolio (with the need to manage borrowing as a key variable in the responsible assessment of credit) and the gradual standardization of processes within the retail sector.

In order to respond more effectively to the challenges of this new situation, EURISC (the CRIF Credit Reporting System) is evolving from an information service to an innovative solution, customized to the needs of individual lending institutions. EURISC TotalValue is a new approach designed and developed by CRIF for banks and financial institutions in Italy, which offers:

  • complete process support guaranteed by advanced features and services, not just in the credit approval and assessment phase but also for portfolio monitoring and management;
  • maximum predictive power of the credit information through the full evaluation of information contained in the CRIF credit reporting system (existing and relevant data, and processing of new derived information, etc.) and Perform, the new generation of the CRIF Credit Bureau Score, which further increases the performance of the standard reference scoring model in the Italian credit market;
  • expansion of the parameterizable information according to the type of customer and credit type, with the significant advantage for lending institutions of being able to calibrate the required information in accordance with specific needs and the risk/profit margin relationship which characterizes individual credit lines or borrowers (individuals, sole proprietorships, partnerships and joint-stock companies);
  • thanks to CRIF’s specific and distinctive expertise, and the integration of credit information with key information from public sources, EURISC TotalValue is the only tailor-made process solution in Italy that provides all the external data really needed to evaluate customers in the credit application phase and, to monitor their behavior thereafter.