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Equifax Launches HCSTC Data Sharing System

Equifax, in partnership with LendingMetrics, has launched a real-time High Cost Short Term Credit (HCSTC) data sharing system. The Real Time Exchange solution covers HCSTC loans during the entire application process, from pre-funding through to full loan performance. It is aimed at providing greater predictive capability for HCSTC lending decisions and promoting responsible lending across the sector. Comprehensive data sharing between HCSTC providers is a key ... Read More »

Creditsafe Enhances Credit Rating Model

More than 88 million trade payment experiences enhance new model and further improve accuracy of predicted insolvencies New rating model demonstrates Creditsafe’s mission to create the world’s leading trade payment database Creditsafe announced that it has developed an enhanced ratings model that will encompass more than 88 million trade payment experiences. The new model provides Creditsafe’s customers with the most ... Read More »

UBM Reaches for Trade Show Rival Advanstar

British communications and events company UBM Plc (UBM.L) is in advanced talks to acquire privately-held U.S. trade show organizer Advanstar for around $900 million, according to people familiar with the matter.  UBM, which also owns PR Newswire and has a market capitalization of 1.48 billion pounds ($2.4 billion), is in the final stages of negotiating a deal and could announce ... Read More »

Senior Management Changes at Reed Exhibitions

International exhibition organiser, Reed Exhibitions, has recently announced several changes at top level management. Chet Burchett was appointed as CEO of Reed Exhibitions and will report to executive chairman Mike Rusbridge, who will continue in the role as executive chairman. Burchett’s new role will be based in the U.K. and officially begin in January 2015. Burchett will be succeeded by ... Read More »

Thomson Reuters Launches Solvency II Data Service

Thomson Reuters announced the launch of a dedicated Solvency II Data Service available through Thomson Reuters DataScope Select.  The solution is designed to help insurers, asset managers, fund administers and custodians meet capital adequacy and disclosure obligations under Solvency II. Solvency II requirements are placing added pressure on institutions to have a deeper understanding of their current and future trading ... Read More »

IHS Acquires PCI Acrylonitrile

IHS Inc. (NYSE:IHS) announced it has acquired PCI Acrylonitrile, a strategic provider of chemical market insight and consulting services for the global acrylonitrile and derivatives industry. The acquisition of PCI Acrylonitrile further deepens and strengthens the existing IHS Chemical global market coverage in the commodity and engineering plastics and fibers sectors. Together with the expertise and insight offered by IHS ... Read More »

Equifax Appoints Patricio Remon as UK Managing Director

Equifax has announced the appointment of a new Managing Director for its UK & Ireland business. Patricio Remon, currently General Manager of Equifax Iberia, will take over from Shawn Holtzclaw with effect from 15th September 2014. Shawn Holtzclaw is returning to Equifax US to lead its Credit Marketing and Debt Management operations. During Shawn Holtzclaw’s four year tenure, the Equifax ... Read More »

Priorities in the Telecoms Sector: Operational Efficiency and Monetization

Experian’s international survey of leading executives in the Telecoms industry concluded that the need for more operational efficiency and data monetisation are two of the most significant challenges facing the telecoms sector, while improving the quality of decision making and reaching the right customers is considered crucial for success in 2014. The main findings from the survey include: The number ... Read More »

UBM’s Events Revenue Down 2.8% in First Half of 2014

London-based, UBM plc reported its interim results for the six months ended 30th June 2014. Revenues in the first half were £361 million (US$618 million), down 7.9% from last year. UBM’s management attributed the drop to strong fluctuations in foreign currency exchange rates. However, adjusted operating profit grew by 8.7% to £87 million (US$150 million) during the period. Revenues generated ... Read More »

Thomson Reuters Launches Elektron Direct Feed

New hardware accelerated, software optimized direct feed helps firms access cost-effective and reliable market data Thomson Reuters announced the launch of its new direct feed service.  Elektron Direct Feed provides customers with high-performance access to real-time market data sourced directly from individual trading venues in a standardized, reliable and flexible format. Elektron Direct Feed is a hybrid solution offering hardware ... Read More »

Creditsafe Launches Integrated Solutions

Enables Businesses to Build Credit Checking into their Company DNA Creditsafe application programming interface (API) enables businesses to integrate credit checking with finance and customer relationship management (CRM) systems Easy access to data on 120 million companies across the world from business applications Creditsafe has announced the launch of its Integrated Solutions platform, which enables organizations to access credit reports ... Read More »

Thomson Reuters Launches Portal for Accelus Org ID KYC Managed Service

Correspondent banks, corporates, asset managers and hedge funds can now access a secure portal to share identity documents, accelerate on-boarding, and streamline the KYC process Thomson Reuters has delivered a critical milestone in its end-to-end KYC Managed Service for the industry, with the launch of its secure, web-based portal for Accelus Org ID. The new online portal facilitates client on-boarding, ... Read More »

Experian Shareholders Appoint Don Robert as Chairman

At Experian’s AGM all resolutions were passed including the resolution to re-elect Don Robert, Chairman, as a Director of Experian, with nearly 90% of votes cast in favor. As Chairman, Don brings considerable value to Experian and has unrivalled, deep knowledge of the business which he has built up over nine highly successful years as Chief Executive Officer. The Board ... Read More »

Reed’s First Half of 2014 Exhibition Revenues Up 8%

London-based media group, Reed Elsevier, reported its interim results for the six months ended 30th June 2014.  The group’s revenues grew by 4% to £2.8 billion (US$4.9 billion), while excluding for biennial exhibition cycling, revenues were up by 3%. Adjusted operating profit in the period was £860 million (US$1.5 billion), a year-on-year increase of 5%. In the first half of ... Read More »