Financial services

Dubai-based Finesse to drive digital banking with new partnership

Equifax Analytics, a global information solution provider of predictive analytics, has announced its partnership with Finesse, a global software system integrator based in Dubai, UAE to drive digital transformation in financial institutions across the Middle East via its BureauOne platform.

digital banking
Sunil Paul, Finesse and Subramanya SN, Equifax India

BureauOne from Equifax is a single platform that can easily integrate with existing systems, providing the convenience of a single inquiry point and allowing consolidation of data from multiple bureaus. It is a web based on premise solution that provides seamless integrations with loan origination, management system and bureaus. It is highly configurable and adaptable to needs of the institutions helping them in monitoring bureau performance, response time, hit rate and even reduce operational costs for our customers.

“Having bureau business across multiple countries ourselves, we understand the importance of investing in and offering digital banking solutions. This solution empowers lenders and businesses’ digital journey by making better underwriting decisions in a cost effective and timely manner while eliminating duplicate efforts to input and retrieve consumer information,” said K M Nanaiah, Country Head, Equifax India.

Finesse highlighted that it is a trusted partner for 120+ financial institutions across the globe provides digital solutions including for AI and Chatbots, Blockchain and Robotic Process Automation (RPA) to help companies increase their efficiencies and reduce costs across back-end and front-office operations and in various other enterprise functions.

Finesse with its strong presence in Middle East and Asian markets and proven capabilities around business process automation services has strategically aligned with Equifax to  leverage the fast growing  predictive analytics opportunities. This will enable to introduce high-performance digitisation of their clients.

“Finesse comes from a background of having in-depth knowledge and long-standing experience in the Banking and financial institutions domain. This partnership will further strengthen our commitment to deliver digital workplace technologies to our customers using cutting-edge solutions like BureauOne Analytics. Finesse customers will leverage the platform for fast & efficient processing of their client’s loan applications,” said Sunil Paul, COO, Finesse.

 

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