Credit bureau’s new model to help companies to predict customer portfolio

Dar es Salaam. Business data and analytics provider Dun & Bradstreet has introduced a new system that provides companies with the tools to predict their customer portfolio's behavioral patterns and determine risk and opportunity areas.

The innovative financial resiliency model helps clients to predict customers who have likely been financially impacted for a short term only, which would result in a delay of repayments temporarily, Dun & Bradstreet General Manager, Junaid Malik, said on Thursday.

Dun & Bradstreet is a Credit Bureau which has over 179 years of experience in enabling companies around the world to improve their business performance.

Mr Malik said the new product provides critical insights based on selected probability classifications and clusters and allows the users to compare their portfolio with the rest of the market.

“The modal helps our client to identify clusters of retail borrowers who are likely to delay payments and get additional detail of the customers identified within a segment,” he said.

The model also helps the firm’s clients to get access to D&B dashboard of dynamic visual reports and stay updated with fresh data and additional segment added to the D&B CIR allowing you to further evaluate your potential customer,” he said.

The goal, he said, was to offer solutions and deliver insights that empower the Tanzanian financial sector to accelerate revenue, lower cost, mitigate risk, and grow their businesses.

“We are licensed by the Bank of Tanzania. We have proactively assisted clients to weather ‘storms’ since before the Great Depression by helping them manage risk, provide guidance, and enable growth. Our clients in the Financial Sector thrive through the power of better decision-making based on data and analytics,” he said.