Experimental design bureau: Triggers

Triggers are service of daily notifications on changes in credit history of the borrower. Service allows to trace a customer behavior and to react quickly to changes of his requirements and payment discipline. The experimental design bureau offers more than 90 triggers (events) grouped in packets depending on use purpose including for work with arrears, management of credit limits, monitoring of payment discipline, monitoring of suspicious activity, cross-sellings, etc.

2017: The structure of Triggery service is expanded

On July 25, 2017 the Joint Credit Bureau company announced expansion of structure of Triggery service.

The filled-up set of triggers of experimental design bureau is organized on data of Information part of credit history, data on guarantees and pledges. Since July, 2017 notifications on changes in credit history of the client on monitoring will become available to users of service:

• Positive and negative solutions on loan applications;
• Guarantees of the borrower (guarantees, delay of obligations under the guarantee, repayment of delay of obligations under the guarantee);
• Pledges of the borrower (pledges, removal of encumbrances on pledges).

For July 25, 2017 the experimental design bureau offers 96 triggers (events) which are grouped in packets depending on use purposes, and allow to develop effectively the relations with the existing clients, to manage credit limits, to keep track of payment discipline of borrowers and to prevent fraudulent activity on the basis of monitoring of suspicious activity of the client.

Today banks save focus at work with the existing client portfolio: practically every second credit is issued to the borrower who was a client of this bank earlier. A set of triggers will allow to increase efficiency of cross-sellings to clients who feel the need for borrowed funds and also more accurately to estimate solvency of the client. Alexander Akhlomov, director of the department of development of products of the Joint Credit Bureau