Risk Management

Make better, more profitable decisions. Reduce exposure at every stage of the customer credit lifecycle. Streamline your application processes and improve debtor management. Specialised solutions are available as well. For example, we help insurance companies make consistent risk assessments before underwriting and lower the cost of writing business.

Make more strategic and informed decisions when evaluating the credit of prospects with solutions including:

• Risk models—Reduce your risk exposure while making the most of opportunities. Our risk models simplify the ability to make sound, confident, consistent approve or decline decisions. Models help customers increase revenue and reduce delinquencies and losses, identity more profitable accounts and make more informed decisions throughout the customer lifecycle.

• Portfolio Management—Reduce exposure and increase the profitability of your portfolio at every stage of the customer credit lifecycle. We can help you monitor customer credit standings over time, and use the insights you gain to better manage risk, increase ROI and adjust services to customer needs.

• Risk Analytics—Develop and evaluate more effective risk management strategies. Streamline application processes and improve debtor management. Our analytic and decision services can give you insight into risk factors and recommended solutions. We can help you determine more effective risk models and identify new business opportunities using powerful statistical techniques, including:

– Benchmarking
– Historical Performance
– Segmentation Tools
– Forecasting and Trend Analysis

• Cheque Payment Services—Accept checks with confidence, and reduce loss due to customers’ cheque payments being dishonoured by the bank. TransUnion is the only company in Africa to provide a dishonoured cheque consolidation solution for participating members.