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News

CloudView to be used by Credit Management Service

Exalead : 11 March, 2009  (New Product)
Credit management to be made easier at Coface with the use of universal service on data access offered by Exalead
Exalead has announced that Coface, ranked #2 in Credit Management Services (enterprise information and debt management), has selected Exalead CloudView as an information access platform to launch EasyNumber, its new on-line search and business identification service.

A subsidiary of Natixis, Coface is an expert in risk analysis and Post Client Management. Coface advises its clients in protecting, financing, controlling and managing their commercial debt in several business lines including Credit Insurance, Debt Management, Ranking and Enterprise Information as well as Direct Marketing and Press Management. Coface collaborated with Creditreform International, the leading European Credit Management agency, to set up a database for the identification and research of businesses. Wishing to offer their users a truly innovative solution and to separate Coface from the competition, they chose Exalead's search technology.

"The indexing capacity and software performance impressed us, and we rapidly understood that this offer would allow us to create the search service that we wanted for our clients, whilst maintaining control of our global investment (Total Cost of Ownership), software, services, machines and maintenance," explained Jean-Luc Brizard, DSI of Coface Services. "In addition, the Exalead solution transparently integrated itself into our architecture and still offered important security guarantees. At last, it took non-Latin characters into account (oriental languages, Cyrillic, Hebrew, Arab), phonetic search functions and allowed an unlimited combination of search criteria - a true asset for this type of service."

Deploying Exalead's CloudView will make identification data accessible, in real time, on more than 50 million enterprises in the world through Coface's website. With Exalead, Coface offers its clients reliable, multilingual and easy access to an exhaustive and reliable worldwide economic and financial information database which includes more than 56 million establishments and more than 50 million companies. This figure is expected to reach 100 million over the next three years.

"Thanks to Exalead CloudView, the customer applications from EasyNumber benefit from a totally innovative service that allows simultaneous improvement of productivity, but above all, disposes of an exhaustive vision of information that is highly sought after. This is a true asset that acts to capture financial information from enterprises," concludes Exalead Managing Director, Raymond Bentinck. "We are happy to see our tools serve as a catalyst for the creation of innovative services in the enterprise. Businesses often have ideas that they think are unattainable in terms of performance, flexibility and updating. Our platform allows us to push the limits of classic database tools and offer new opportunities in terms of constructing applications and services. We have many other projects of this kind in progress."

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