Recently-appointed managing director of
Experian Automotive, Alistair Scullion has promised investment in
data and analysis to help the car finance sector in “challenging”
economic times.
“Motor retail remains challenging and there is
evidence that financial distress is increasing,” said Scullion, on
taking up his new role with the business information management
company in early November.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
“Experian is working hard to help motor
finance providers and dealerships manage risk, maintain sales and
maximise profits. We are investing in our wealth of motor, credit
and marketing data, as well as analytics that help make sense of
the data.”
Experian Automotive already run a raft of
programmes ranging from customer acquisition to debt collection,
and a number of information systems including credit risk and
vehicle database management.
“Another focus for the business will be how we
can combine these assets even more effectively to enable clients to
enhance how they discriminate between good and bad customers, good
and bad vehicles, and how these capabilities can enhance client
decision-making,” Scullion added.
Scullion takes up his new position following
seven years of senior management at Experian and previous
consulting roles with Barclays Bank and IBM Global.
richard.brown@vrlfinancialnews.com
