The solution assists with responsible lending, helps prevent fraud and money laundering, and improves profitability through greater discrimination in marginal decisions.

MADE can be implemented as a complete origination processing system, or the search and decisioning element can be integrated into other systems. The essential graphical control panel allows the business user to easily set-up and maintain search rules, credit policies and scorecards, incorporating data from the agencies along with application data.

Users can define rules, which will automatically trigger a secondary search, for example, when a search fails or a service is not available, or when the primary search has returned grey or limited data. By allowing this to be selective by search type and agency, search costs can be targeted to best effect. Another unique feature of MADE is the ability to view an applicant's indebtedness through the collation of account data across all shared data sets, improving responsible lending. A consolidated view of multi-bureau data also quickly highlights differences between the agencies.

Peter Constance, managing director, pancredit says: "Initially MADE will support all leading consumer data providers and comes at a time when awareness of the benefits of a multi-bureau approach is growing. We aim to extend this facility to commercial data later this year."

Also recently released business intelligence modules to support MADE include:

pancredit dashboard – a real-time, web-based, out of the box MIS console, which communicates and tracks KPI's, monitors individual and corporate goals and collaborates to all levels within an organisation. For risk managers, it provides a highly visual way of tracking the effectiveness and stability of risk models.

pancredit analytics – this is predictive analytics software for use in medium to large organisations. It supports marketing campaigns, scorecard design, behavioural scoring and modelling of propensity to borrow or terminate early, amongst other applications. Unlike other widely used analytics software it allows you to derive significant results from your data within a matter of days. pancredit’s analytics and risk management experts can assist you in deploying this easy to use and highly interactive software.