Clients experience improved credit data processing speeds — down to the millisecond
In a move that is transforming the way Experian provides consumer and business credit data to its clients, the company is integrating Cloudera Enterprise onto its cloud environment for its Credit Information Services, Decision Analytics and Business Information Services business lines.
Accessing big data from Experian through Cloudera’s platform, provides organizations a significant competitive advantage that enables them to make critical business decisions in milliseconds.
Solving complex credit underwriting problems in account management, customer acquisitions and collections using advanced analytical models is where Experian helps businesses achieve more. One example is the Experian Analytical Sandbox, which benefits clients through combined data and improved technology. This innovative environment offers data scientists the agility to build analytical models to solve for their specific financial issues within their business.
For example, one client organization faced an issue understanding the implications for home equity loans nearing end-of-draw. Using Experian’s Cloudera solution, the data analysis which originally took six months to complete was completed in just a few hours. This analysis enabled the organization to decide how to manage its home equity portfolio to meet the needs of its business and customers.
About: Cloudera delivers the modern platform for data management and analytics. We provide the world’s fastest, easiest, and most secure Apache Hadoop platform to help you solve your most challenging business problems with data. Cloudera has over 1,400 employees across the globe who are committed to excellence in big data management. We’ve won numerous awards and accolades from industry watchdogs—including the 2014 and 2015 Database Trends and Applications Magazine Readers’ Choice Award for best analytical platform.
Source: Experian Press Release
