- Global data, technology, and analytics company Experian announced that its commercial data is now available on its Ascend platform.
- The news means that companies using Ascend will be able to access and analyze Experian’s full commercial data suite within a single platform.
- Founded in 2006, Experian has been a Finovate alum since 2011. The company’s corporate headquarters is in Dublin, Ireland.
Data, technology, and analytics company Experian reported today that its commercial data is now available on its Ascend platform. The company’s cloud-based analytics and decisioning solution, Ascend, combines Experian’s data assets and advanced analytics tools. The newly announced integration will enable companies to access and analyze Experian’s full commercial data suite within a single platform. This alleviates the need for separate integrations as well as manual data pulls.
Experian UK&I Chief Product Officer, Business Information, David Gallihawk said that the enhanced offering will help customers using the Ascend platform keep pace with the “ever-growing number (of) lenders and new products entering the market.” Gallihawk added, “Experian Ascend helps lenders retain customers, identify new opportunities, launch new products, and leverage data to automate processes. Clients can have an even better view of their customers and businesses so they can make smarter, faster decisions—all within one integrated platform.”
The need for access to commercial data is clear; Experian data supported at least two-thirds of SME borrowing in the UK in 2024. Commercial data provides in-depth, granular information on the borrowing and repayment history of more than eight million businesses in the UK. Access to this data will give lenders, businesses, and other organizations a more holistic view of company performance, enabling them to make better, faster, and more accurate lending decisions. The integration will provide quick and easy access to more than six years of full-file commercial credit data, including Commercial CAIS, Risk Scores, and CATO—along with their own internal datasets. Users can access the data via the Experian Analytical Sandbox on the Ascend platform.
Founded in 1996 and established as a standalone public company in 2006, Experian has been a Finovate alum since 2011. Today, the company is a FTSE 100 firm that helps institutions improve lending and fight fraud with a unique combination of data, analytics, and software that enables them to secure deeper insights into their customers. Headquartered in Dublin, Ireland, and boasting 25,000+ employees in 32 countries, Experian has more than 208 million customers on its free platforms alone. Along with fellow Finovate alums TransUnion and Equifax, Experian is one of the Big Three credit reporting agencies in the US. Of the three, it has the most extensive operations in the UK and Europe.