Specializing in credit information systems, business information and credit management solutions, CRIF offers banks, financial institutions, utility companies and businesses qualified support in every phase of the customer relationship: from the planning of development strategies to acquisition, through to portfolio management and credit collection. CRIF's growth is driven by a global approach and vision.
SkyMinder is a CRIF application which gives you access to in-depth credit, financial and business information on over 230 million of companies all over the world.
Established in 1988 in Bologna (Italy), CRIF has an important international presence, operating across four continents (Europe, America, Africa and Asia). CRIF is the leading provider in continental Europe of banking credit information, one of the key players worldwide providing integrated services and solutions for business & commercial information and credit & marketing management, and is included in the prestigious FinTech 100, a ranking of the leading global technology solution providers to the financial services industry. Nowadays more than 6,300 banks and financial institutions, 55,000 business clients and 310,000 consumers use CRIF services in 50 countries on a daily basis.
CRIF is an independent company with 90% of its capital held by founder members and management, and the remaining 10% approximately by various credit institutions. Among the latter, 3 international banks have been present in the shareholding group since the 1990s, namely BNL-BNP Paribas, Deutsche Bank and Banco Popolare (the largest Italian public cooperative credit institution).
CRIF for Business Information
There are four steps involved to get quality business information for the best evaluation process:
1- Data collection: CRIF collects raw data from public sources. 2- Information intelligence: data are enriched, benchmarked and completed with linked data. 3- Credit intelligence: CRIF experts verify, analyze and enrich the information gathered in previous phases. 4- Value-added information: at the end of the process, value-added information, such as ratings and credit limits, are processed and performance constantly monitored.
CRIF Business Information is based on the following pillars:
• Completeness: a clear snapshot of a company’s status and performance. • Meaningfulness: considering data which are really significant in the overall evaluation process. • Updating: be alerted if something related to the company has changed. • Value-added information: evaluation data, such as ratings and credit limits, as the focus point to assess if a business relationship can be established.