Deze website maakt gebruik van cookies om het gebruik van de website te meten en u een betere gebruikservaring te bieden. Door gebruik te blijven maken van deze website, geeft u toestemming voor het gebruik van deze cookies. Klik hier voor meer informatie of het wijzigen van uw cookie-instellingen.

Your SME acquisitions and portfolio risk assessment. Made simpler, faster, better.

Introducing Web Data Insights

Contact Us

Are you looking to grow your SME portfolios?

Currently SMEs account for less than 10%* of the current customer base of nearly half of all firms (43%). By 2021, 39% of firms expect SMEs to make up more than 21% of their customer base. However, lack of data and insight creates multiple challenges: 

  • Difficulty in identifying higher quality SMEs
  • Limited data available
  • Complex service requirements (managing high default risk, meeting diverse needs, pricing implications)
  • Unclear portfolio classification - Retail or Corporate ?

New data and insights help unlock value across your customers'  lifecycle without changing overall risk appetite. 

* Source: A commissioned study conducted by Forrester Consulting on behalf of Experian, August 2018. Base: 705 global managers/directors with responsibility or influence over customer data, analytics, risk, and SME services. 

Web Data Insights| Experian

Experian is proud to present our innovative Web Data-based Business Application Risk Score solution Web Data Insights (WDI). WDI uses machine learning and advanced data science to generate entirely new predictive data variables. This results in models that enable you to add a new dimension to your credit risk management across the end customer cycle (while you can expect to be fully compliant).

For example, by combining WDI with traditional Business Data a 36% reduction in rejections or a 37% reduction in defaults is possible.

Web Hit Rate
Boosting Traditional Scores
High Predictive Power
Real time response

Contact us and discover how we can help your business thrive

How does it work?

Our comprehensive end-to-end WDI solution acquires new non traditional data insights. It covers web crawling, site classification, text mining, segmentation analysis and machine learning models. Each account from a pre-defined sample is analysed, and searched for on the internet with publicly-available information collected – an automated process known as ‘crawling’ or web data scraping.

Information is then classified under various categories by sophisticated text mining algorithms, before meaningful and relevant information is converted into usable data. From there, differing text mining and sentiment analysis methods can be applied to order unstructured data and create a fresh base of predictive variables. 

Web Data Insights assess customer behaviour through on-line presence measurement. It enables companies to add value to their existing matrix for portfolio evaluation. 

New Gen BI

The Benefits for You

  • Prospects and monitoring - Develop new segmentation models
  • Originations - Early opportunity models - take best applicants out of the market earlier and automate processes and reduce costs
  • Customer Management - Pro-active credit limit modelling to reflect changing customer needs
  • Collections - Accurate early warning systems (EWS)

The SME Opportunity

  • Differentiated services
  • Revenue growth
  • Potential for high lifetime customer value - evolving SME customer needs and strong cross sales and up-sales potential
  • Enhanced reputation and brand

Loading...

Download our White Paper: 'Successful routes to servicing the SME sector'

The numbers speak for themselves when it comes to the value SMEs represent to our economic well-being

and future growth. They account for approximately 99% of all firms, provide the main source of employment - for about 70% of jobs on average - and are major contributors to value creation, generating between 50% and 60% of value on average. Despite their value, the critical challenge remains when it comes to analysing, selecting and serving the SME sector. Find out how to identify the SME market at speed and scale. 

By signing up to Experian business marketing communications you will receive the latest research, insight, news and invites to events and webinars. Experian offers a wide range of products and services.

We will do our best to send you only communications that we deem to be relevant to you, your job and your business.

You can change your mind at any time.

View our Privacy Policy for details on use and storage of your personal data.

Advanced Analytics: discover more

Product sheet

Web data insights for SMEs – Optimising non-traditional data to improve credit risk decisioning

Video

SME Web Data Insights 

Blog

Web Data Insights: How Banks, SMEs can benefit from PSD2 

Contact us and discover how we can help your business thrive

Our capabilities

We’re able to power opportunities for businesses thanks to our market-leading integrated capabilities.