Risk Management
The most important choices you make involve a certain level of risk. Improve your ability to make more informed decisions when evaluating consumer credit risk, compliance risk and competitive risk.
Make better decisions and fine-tune your risk management strategies.
Make better, more profitable, decisions
Our Risk Management Services take an enterprise-wide approach to communicating, analyzing and distributing information across different platforms and portfolios. Through powerful risk models, decisioning systems, and and macro-level credit trends you'll have the ability to make objective risk choices. Ongoing monitoring will help you manage fluctuations in your business and anticipate changes that may affect your goals.
Get better insight into consumer delinquency rates and balances, regional variations in this data, and more.
Get a broader view of risk.
Simplify your processes
We simplify your ability to make sound credit decisions with powerful options such as historical performance, segmentation tools and statistical analysis. We can also integrate several databases at multiple touch points to make sure the right people have the best information based on your criteria. These predictive technologies can help you develop the optimal risk strategies to maximize your opportunities.
Take advantage of these services to know your customers better and find credit changes that can affect your company's performance.
Take advantage of these services to know your customers better and find credit changes that can affect your company's performance.
- Market Trend Reports—Gain a more accurate picture of consumer credit behaviour over time with our quarterly reports. Analyze trends, compare regional behaviour and plan more effectively. Learn more about Market Trend Reports.
- Risk Analytics—Determine more effective risk models and identify new business opportunities using powerful statistical techniques. Our standard and customizable analytic techniques can help you fine-tune your risk strategies.
- Risk Decision Systems—Our platform can be integrated to access a wide array of data sources at multiple touch points in your customer lifecycle. Pre-set and custom rule strategies can be tailored to your objectives with a quick implementation.
- Risk Models—Better identify different levels of risk with powerful risk measures:
- TransUnion Risk Score, tuned for regional differences in four key markets—Toronto, Montreal, Vancouver, and Calgary—and with a 12-month performance period. Help predict an individual’s likelihood of bankruptcy in the next 18 months with the TransUnion Bankruptcy Score, which is based on tradelines involved in a bankruptcy, not just public-record bankruptcies. For more predictive power, it is recommended that both scores be used. This can help you identify customers who may be good risks today, but would pose heightened bankruptcy risk in case of a sudden adversity.
- The FICO® 8 Risk Score, the latest version of the FICO risk score, features more accurate evaluation of lines of credit and thin-file consumers, supported by fresher data.
- Dynamic Monitoring—You set the criteria and thresholds for key changes in consumer behaviour and are alerted on a schedule you specify—monthly, weekly and even daily. This allows you to identify risks and opportunities with greater clarity and to manage your portfolio more effectively.
- Aggregate Data—This solution aggregates credit report characteristics at your choice of two levels: Postal Code and Neighbour (sub-groups of at least 15 credit-active people). Select from more than 290 characteristics, including such criteria as risk scores, revolving debt, installment debt, bankcard debt and retail debt.
CONTACT US
