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Nationwide to Use DecisionMetrics' Multi-Bureau Solution

LEEDS, UNITED KINGDOM -- (Marketwired) -- 08/21/13 -- Leading provider of multi-bureau analytics and decision technology, DecisionMetrics (part of Callcredit Information Group), has today (21st August 2013) announced that Nationwide Building Society has gone live with it's multi-bureau decisioning solution - DecisionBureau.

DecisionBureau provides the capability to take credit searches from more than one credit bureau, de-duplicate the results and then consolidate them into a single credit report. The resultant increase in both applicant match rates and data volume enables more robust credit decisions and an increase in acceptance rates together with reduced levels of credit risk and over-indebtedness.

Nationwide is using DecisionBureau as part of its Strategic Risk Infrastructure initiative which will give its risk management group greater ability to respond to the changing demands of its members, whilst at the same time keeping their offerings competitive in an environment of increasing competition and regulatory scrutiny. Nationwide's strategy will be to run all new credit applications for their entire suite of products through the new multi-bureau platform.

Gary Scott, Managing Director of DecisionMetrics commented, "Our multi-bureau decisioning software is unique in the marketplace and the Nationwide solution is our most sophisticated yet. It will not only provide Nationwide with the ability to seamlessly switch between credit bureaux but it will also calculate a completely independent coded block which will enable Nationwide to change its bureau strategy without any impact on its credit policy or decisioning systems."

Iain Laing, Chief Risk Officer at Nationwide Building Society said "The unique flexibility of the DecisionMetrics' solution has enabled us to assemble a true multi-bureau credit decisioning process. This will allow us to draw data from any combination of the three major credit bureaux thereby providing many advantages in terms of greater insight, improved decisions and the ability to construct a more comprehensive picture of an individual's overall level of affordability which is key in the current economic climate."

About DecisionMetrics - www.decisionmetrics.co.uk

DecisionMetrics is an analytical/software solutions business and is one of many complementary businesses that form Callcredit Information Group. Whilst part of the Group, DecisionMetrics operates independently and is the UK market leader in the provision of decisioning systems that use data from multiple credit bureaux and other external data sources together with providing clients with impartial advice and the opportunity to make best collective use of the different data and value added services available from different credit bureaux.

In addition to decisioning systems, DecisionMetrics provides scorecards, affordability models, consultancy and portfolio monitoring solutions. For international markets, DecisionMetrics additionally provides a Data Gateway solution that seamlessly integrates with multiple data sources so that relevant, timely and accurate data can be made available to a client's decision process.

About Callcredit Information Group - www.callcredit.co.uk

Callcredit Information Group's leading approach to deploying consumer information brings together experts across the fields of credit referencing, marketing services, interactive solutions and consultative analytics to provide clients with a range of innovative and effective products to discover new customers and to engage with current customers to optimise and increase profitability.

Products include award-winning fraud verification tools and database solutions to positively verify consumers, global operations to help expand businesses into new markets, digital solutions to improve the overall journey consumers make during interaction with a brand, customer handling to ensure consumer satisfaction at all levels and consumer marketing data and segmentation to improve understanding and targeting of customers and prospects.

Callcredit also offers products to assess a customer's credit risk and affordability and its experts in collections and recoveries provide tailored debt recovery and tracing tools. The company's market analysis and network planning function helps organisations develop profitable retail networks, and its tools in multi bureau, analytics and metrics work to provide fully assessed bureau data.

Contacts:
Callcredit Information Group
Duncan Bowker
PR Manager
0113 388 4300
Mobile: 07557 263 660
duncan.bowker@callcreditgroup.com

Callcredit Information Group
Lucy Smith
Press Officer
0113 388 4300
Mobile: 0786 739 5104
lucy.smith@callcreditgroup.com

Callcredit Information Group
Amy Bhavra
PR Officer
0113 826 6845
Mobile: 0755 716 2990
amy.bhavra@callcreditgroup.com

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