Experian provides World Omni Financial Corp. with PowerCurve™ Strategy Management software

COSTA MESA, Calif., June 6, 2013 /PRNewswire/ -- Experian^®, the leading global information services company, today announced that it is providing World Omni Financial Corp. (World Omni) with a flexible decision management solution based on its PowerCurve™ and Attribute Toolbox™ software that will streamline the processing and decisioning of automotive finance applications.

"We needed a decision management solution, and Experian could deliver cost-effective, robust technology that quickly and seamlessly integrated with our loan origination system. This tool will enable us to grow our automotive finance business," said Bill Shope, vice president of Portfolio Management at World Omni Financial Corp. "The solution also needed to be flexible enough to provide us with long-term support and growth capabilities as customer needs and market dynamics change."

As part of the solution, Experian's PowerCurve™ Strategy Management software will enable World Omni to quickly design, test, execute and continuously improve decision strategies. Experian's Attribute Toolbox will allow World Omni to tap into the wealth of credit and noncredit data available in today's market. It also contains Experian's Premier Attributes^SM, the credit industry's most robust and predictive tri-bureau credit attributes, and Custom Attributes, which enable users to make risk decisions within their application processing system that are specific to their financing processes.

"Organizations like World Omni are constantly trying to better understand consumers, analyze areas for risk and look for new growth opportunities," said Charles Chung, president of Decision Analytics North America at Experian. "This requires empowering business users, without overburdening IT, to make and monitor decisions that result in both loyal customers and improved profits. To accomplish this, they need the power of today's best decision management software and the intelligence of advanced analytics that will provide them with more agility, flexibility, control and insight into every lending decision."

Experian provides software, analytics and services in a number of ways to meet individual client needs. The World Omni solution has been implemented in a secure, hosted environment within the Experian firewall at one of its state-of-the-art data centers. World Omni also will utilize Experian's Precise ID^SM product for verification and fraud detection. These services are integrated with Experian's PowerCurve Strategy Management and Attribute Toolbox.

About World Omni Financial Corp.
World Omni Financial Corp., headquartered in Deerfield Beach, Fla., provides financial products and services to automotive dealers, consumers and lenders. World Omni has maintained its Standard & Poor's STRONG servicer rating since 2004, the highest rating possible for a consumer finance, automobile loan and lease servicer. Its primary businesses include Southeast Toyota Finance, offering automotive financial products to Toyota dealerships supplied by Southeast Toyota Distributors; CenterOne Financial Services, a provider of portfolio services designed to improve the performance of client portfolios; DataScan Technologies, a global provider of wholesale floorplan accounting and risk management systems; and DataScan Field Services, one of the largest floorplan inventory verification and vehicle inspection companies in the industry. World Omni is a subsidiary of JM Family Enterprises, Inc., a diversified automotive corporation ranked No. 37 on Forbes' list of "America's Largest Private Companies." JM Family is also ranked No. 32 by FORTUNE^® as one of the "100 Best Companies to Work For."

About Experian
Experian is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2013 was US$4.7 billion. Experian employs approximately 17,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and Sao Paulo, Brazil.

For more information, visit http://www.experianplc.com.

Experian and the Experian marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

Contact:
Michael Troncale
Experian Public Relations
1 714 830 5462
[email protected]

SOURCE Experian