Poland: CRIF launches Risk Pilot to help businesses and financial institutions quickly monitor customers and their creditworthiness

Warsaw, Poland, April 13, 2011

Risk Pilot can bring real advantages to organizations by:

• making the credit monitoring system much more effective and controlled
• allowing the implementation of the most suitable actions for customers in real time, thanks to notifications from external data sources of changes to the credit profile
• simplifying, automating and standardizing operations related to the acquisition of external information, with a notable reduction in the impact on the organization’s internal system from an IT point of view
• enabling constant and immediate availability of the collected information, with the possibility of extracting data for assessments and analysis
• keeping the same operational methods that are already in place, without affecting existing internal procedures
• providing a user friendly web browser interface with the possibility of A2A integration with existing internal systems.

“The easy to use Risk Pilot dashboard set with different levels of control will enable risk managers to have a complete view of the risk of the whole client portfolio and receive real time notifications whenever any significant changes occur. This is also in line with the Basel 2 directives which underline the need to rapidly obtain information on any variations to customer credit profiles, including information from external data sources” said Piotr Korzeniewski, Business Development Manager of CRIF Sp. Z o. o. “In a market where having the right information at the right time means gaining a competitive advantage, it is essential to have monitoring tools to promptly manage customers, as well as their creditworthiness”.