Making the right offer for each customer
At the heart of Decision Analytics origination from Experian is the global application processing and decisioning system, Transact SM.
Transact SM provides an entire ‘applicant’ to ‘customer’ system, placing operational and strategic control in the hands of the user and giving the assurance that the origination strategy and processes will be consistently applied across the business.
Overview
Transact SM gives the assurance that the origination strategy and processes will be consistently applied across the business.
This scalable and robust technology receives, validates and processes applications from multiple channels and enriches application data from relevant internal and external data sources. It automates the application of complex business strategies and rules to consistently make appropriate lending decisions across the organisation.
Using sophisticated segmentation and scoring techniques, Transact SM provides the ability to accurately assess and make a decision on an applicant, identifying the optimal offering with a tailored package to suit both their needs and the business objectives.
The new business strategies are controlled by business users on the desktop and then deployed across the organisation, giving complete control to define, test and manage business strategies without the need for programming resource.
Transact SM improves operational efficiency by enabling the automation of manual processes with task orchestration and workflow management to drive applications through the process, including industry standard techniques such as priority ageing.
Technical delivery and integration expertise supports all business models, from Experian hosted services through to complete software deliveries.