TransUnion hosted the 4th Credit Risk Forum entitled Bureau as Cutting Edge for Growth and Profitability. The forum aimed to educate members of financial institutions and telecommunication companies about pro-active portfolio management, financial inclusion, and lending to non-traditional customers. The event was held on June 21, 2016 at Ascott BGC, Taguig City.
The Credit Risk Forum is an annual risk management event that brings together experts, employees, and clients to discuss and share insights on industry trend, strategies to enhance portfolio and growth while mitigating losses. This is also an opportunity for TransUnion to showcase their products.
Credit Information Corporation President Jaime Garchitorena, Solution Sales Advisor Brendan LeGrange, and USIS International Product VP Neona Wang were the featured speakers. Jaime presented the status of CIC and roles of Special Accessing Entity. Brendan identified the benefits and opportunities of proactive portfolio managements using Triggers, (a real time events notification solutions) to help manage customer relationship and mitigate loss, and Neona shared her discourse about building stronger communities through financial inclusion. In addition, she discussed the Philippine credit penetration and presented a platform to act as a future process map in finding the right customers.
Participants also got a chance to listen to credit risk experts through panel discussions. The panelists shared their insights regarding data strategies, portfolio segmentation, importance of reaching untouched sectors, lending to non-traditional customers, and the student loans market.