About CRIF Solutions Pvt Ltd
CRIF Solutions (India) Pvt Ltd is one of India’s leading provider of Credit Information, Business Information, Analytics, Scoring, Credit Management and Decisions Solutions.
CRIF’s Business Information Report, commonly known as the BIR Report, is a new way of thinking about data and information and how they are linked to each other. Available in 230 countries and territories, CRIF’S Business Information Report contains up to date information collected from various data sources. The report helps in determining a company's profitability, financial trends, and risk. It also provides an in-depth profile of a company, including financial information, legal cases, history of business, ownership details, operational information, and details on related firms and special events that occurred in the past involving company management. It's an industry standard for evaluating both new and existing credit relationships, especially medium-to-high risk accounts. Additionally, it supports a company's other efforts, like marketing and purchasing.
CRIF High Mark, a RBI licensed credit bureau, with its extensive bureau database provides information and analytical solutions to banks, NBFCs, insurance companies, telecom service providers amongst others.
For more information visit out website:- https://www.crif.in/
Amenities
- Business information, credit risk management
Tags
Pune, Maharashtra, India
Unit 601, Sixth Floor, Axis Centra, Survey No-62/1/4, Baner, Pune Maharashtra, 411045 India94576
Companies worldwide looking for the highest quality business information services can use CRIF solutions to help them achieve the best profitability and healthy growth results.
CRIF has established a new approach to business information using a scenario where decisions and risks are based on a complex and robust framework of value-added information, dynamically updated and revised. This means the creation of a business information services ecosystem where data are linked to each other and can be transformed into various information specific to different evaluation processes.
SkyMinder is the CRIF platform that enables the global market to access commercial risk data and make better business decisions for companies worldwide. All countries worldwide are available on SkyMinder, with no political or economic turmoil or instability barriers, such as embargos or internal or external conflicts. This means that all entities considered as companies are evaluated in more than 200 countries and territories via SkyMinder and all business information is ready to be analyzed by customers globally.
Thanks to the "freshly investigated" business credit report, countries with data accessibility and updating issues are also fully covered by SkyMinder, without exceptions.
Lending is becoming more future-oriented, and Predictive Analytics can help financial institutions be at the forefront of innovation. All credit risk management processes require data analytics, and increased data availability and processing tools will bring new credit risk analytics and management opportunities.
Credit risk analytics uses data and statistical models to assess the probability of default and the potential loss if a default does occur. Credit risk management involves implementing strategies to minimise the potential for default and loss.
Predictive analytics is the practice of deriving information from existing data to identify the likelihood of patterns and predict future outcomes and trends. It forecasts what might happen in the future with an acceptable level of reliability and incorporates what-if scenarios and risk assessment.
Recognised by Gartner, CRIF's expertise in credit risk analytics and predictive analytics is shown by the development of various scoring projects in many, including Bureau scoring models, spanning over 18 countries which in total are used to make hundreds of millions of score calculations and decisions each year around the world.
Rating systems are a core competency in CRIF; thanks to CRIF's Rating Agency experience, we provide a credit risk rating model from development, estimation, validation, and review to calibration and evaluation of economic groups.
CRIF’s user-friendly decision engine is a business rules management system for automating decisions that leverage data & analytics. StrategyOne, through its decision-making systems, integrates into a single tool the components of design and execution of the essential strategies to manage all decision-making processes in a comprehensive, effective, and timely manner.
Decision Management with StrategyOne
Release your organisation from the inflexibility and high costs of having hard-coded rules dispersed throughout your systems and adopt an enterprise decision management approach and technology that empowers business users to enhance decision making in business management by using a decision engine. CRIF’s credit decision engine puts business people in the driver’s seat to quickly and efficiently implement, test, monitor and change business rules, credit scores, calculations and entire decision processes without coding, resulting in automated and confident decision-making throughout your enterprise.
What is decision engine? It is a complete business rules management system and decision scoring engine that enables your organisation to identify the right targets, boost customer loyalty, increase sales and margins, control risk, and execute business and regulatory policies and procedures. From pre-screening and credit underwriting to on-going credit risk management and marketing efforts and collection strategies, our decision engine spans the customer lifecycle. It helps in various types of decision-making in business, covering all aspects of decision management and business rule management with graphical, user-friendly decision-making technology.
