Efficiency and contained costs are essential objectives for banks and financial institutions, which can be achieved through better management of credit policies and optimization of decision-making processes. A key factor in achieving these objectives is the ability to re-engineer processes, on the basis of the complete availability of information and a correct methodological approach.
CRIF's range of solutions for the acquisition phase for both retail customers and businesses relies on a database of information– the credit reporting system or credit bureau. CRIF developed and manages the first positive and negative credit bureau in Italy (EURISC) used by 90% of operators in the Italian credit retail market, as well as the positive and negative banking and non-banking credit bureaus in both the Czech Republic and Slovak Republic. Moreover, it has been involved in the development of credit bureaus in Russia, Hungary, Morocco, Benin, Vietnam, Bangladesh, Tajikistan and Jamaica.
Credit and business information services are integrated with decision-making models, outsourcing systems and software which allow financial institutions to manage credit risk and get greater returns from their customers quickly and effectively.
For more information click here
The CRIF Credit Bureau Score maximizes the value of information contained in EURISC by exploiting the predictive power of a wide and heterogeneous set of variables.
The solution for online credit application processing, which helps carry out the preliminary investigation of consumer and business applications completely and efficiently (response given in only a few seconds).
By using its experience in decision-making support systems and evaluating mortgages, CRIF Decision Solutions has developed a specific model to estimate a reference price for residential properties, which guarantees full coverage of Italy and is regularly updated.
Risk Based Pricing
CRIF Decision Solutions provides this solution both a methodological and operational solution, specifically tailored to the Italian market, for applying the Risk Based Pricing (RBP) approach to retail credit.
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.
CreditBility has a complete set of agile tools to meet the business intelligence needs of CRIF Credit Framework users to monitor, measure and improve business and portfolio performance. Start to leverage the wealth of information gathered by CreditFlow, decisioned by StrategyOne and processed by CLever to be smarter and better.
Provides real time in-depth information in constantly updated tables, making it possible to reconstruct the economic, financial and business situation of any Italian company.
The service for the reliability assessing and the identity ascertaining of individuals
Provides real time information on Italian residents (natural persons) regarding their reliability and any business interests they may have or shares held.
The Report Extra is the integrated tool that makes it possible to have even more precise, rapid and up-to-date information, in order to examine the economic situation and the reliability of any Italian company.
The expert screening system which makes protest searches relating to individuals and companies more effective.
Reclassified Balance Sheets
Thanks to many years of experience in the management of economic and financial information, CRIF is able to offer banks and financial institutions a complete solution in response to the need to assess and monitor different types of companies.
Internal Rating Systems
According to Basel II requirements, CRIF Decision Solutions provides internal rating systems with methodology and tools which enable banking and financial institutions to optimize resource allocation and maximize profitability.
Scoring Models for acquisition
From the standpoint of an efficient reengineering of all decision processes, CRIF Decision Solutions’ credit scoring models allow the definition of a more objective, consistent credit policy and better management and communication with the commercial network. Marketing scoring models serve as a valid aid in boosting the profitability of an existing portfolio and attracting the most lucrative prospects.
Strategic Card Management
Strategic Card Management is CRIF Decision Solutions' consulting unit specialized in payment and consumer credit systems which offers flexible and modular solutions for the credit card sector, and in particular for revolving cards.
) provides detailed and up-to-date public information via the Internet on global markets and on 50 million companies in 230 countries, including information from international providers and local sources.
Real Estate Information
CRIF RES, the CRIF Group team specializing in property services, offers comprehensive solutions through its Real Estate Information suite for the retrieval and management of property information and for property credit collection. It carries out more than 400,000 information searches a year for over 70 clients comprising leading credit institutions.
StrategyOne is a 360-degree decision support system to help identify the right targets, improve customer loyalty, and boost sales and profits while combining both "management" and "regulatory" perspectives (implementation of rating assignment and risk assessment algorithms).
The Crif Gateway dashboard software was developed by CRIF to help in acquiring information from external sources and integrating it with the lending institution’s information system.
CreditFlow is a flexible and innovative Business Process Management Suite which allows banking and financial organizations to streamline the business application process.
AgriRating was developed by CRIF Decision Solutions in collaboration with experts in the financial analysis of agricultural businesses, and is a credit risk assessment solution specific to the agricultural and agri-food sector.
EURISC 2.0 is an innovative solution from the CRIF Credit Reporting System, which is available to banks and financial institutions to enable them to respond ever more effectively to business challenges in a new era of credit.
Risk Pilot, developed for the Polish market, allows you to extend the control over your customers by exploiting the added value of an integrated monitoring platform able to automatically collect information from different data sources such as BIG’s (Biuro informacji gospodarczej) or any other information data base.