The case study highlights how HCLTech, a global technology service provider, enabled leading financial institutions in Europe and APAC regions in streamlining their credit decision process using the Experian PowerCurve platform. By leveraging the platform, HCLTech helped these financial services enterprises reduce their loan approval time from several days to just two hours. This resulted in a significant improvement in customer experience.
Additionally, the use of the Experian PowerCurve platform allowed the financial institutions to establish a more secure risk profile, by enabling them to make more informed lending decisions based on accurate and up-to-date data. Overall, the implementation of the Experian PowerCurve platform helped financial institutions to improve their operational efficiency, reduce their risk exposure, and deliver a superior customer experience, thereby enabling them to stay ahead of their competition in an increasingly challenging marketplace.