CHICAGO, Nov. 13 /PRNewswire/ -- Elite Recovery Services, a leading
purchaser and servicer of credit-intensive assets, will use TransUnion's
StrategyBuilder to test collection treatment strategies before implementing
them.
"Elite Recovery Services is committed to incorporating the latest in
new collection technology to deliver on our company's promise of 'maximum
net back' for each and every portfolio," said Rick Corica, Executive Vice
President, Elite Recovery Services. "Specifically, TransUnion's
StrategyBuilder presents significant benefits for our organization,
including the ability to centralize our treatment deployment and introduce
challenger strategies that allow us to improve the execution of our
collection activities."
TransUnion's StrategyBuilder is a decisioning solution that uses
business rule logic to help third-party collections agencies, debt buyers,
original creditors and legal agencies segment debtor accounts into
appropriate categories and assign treatment strategies based on the
organization's criteria and business logic.
"Given today's market climate, debt buyers can no longer rely on gut
feelings or subjective evaluation of treatments to gauge how a portfolio
will perform over time," said Kevin Derbyshire, director of solutions and
business development for TransUnion. "With StrategyBuilder, Elite Recovery
Services can objectively determine and have confidence in the treatment
strategies that will likely provide the best return on investment before
pushing them live."
Elite Recovery Services will use StrategyBuilder to test and implement
treatment strategies in each of its purchases and services credit-intensive
asset portfolios.
About Elite Recovery Services
Headquartered in Buffalo, New York, Elite Recovery Services is a
leading purchaser and servicer of credit-intensive assets. With a
commitment to delivering maximum net back, Elite Recovery Services manages
more than 500,000 accounts with a total value of greater than $800 million.
About TransUnion
As a global leader in credit and information management, TransUnion
creates advantages for millions of people around the world by gathering,
analyzing and delivering information. For businesses, TransUnion helps
improve efficiency, manage risk, reduce costs and increase revenue by
delivering comprehensive data and advanced analytics and decisioning. For
consumers, TransUnion provides the tools, resources and education to help
manage their credit health and achieve their financial goals. Through these
and other efforts, TransUnion is working to build stronger economies
worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs
more than 4,000 employees in more than 30 countries on six continents.
http://www.transunion.com/business
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