About CBS

Background
Mission Statement
Partners
Board of Directors
Management

Partners

The Association of Banks in Singapore
Infocredit Holdings
Veda Advantage

Veda Advantage is the largest and most sophisticated provider of business intelligence in Australia and New Zealand.

Veda Advantage provides accurate insights into more than 16.5 million credit-active individuals and 4.4 million companies and businesses throughout Australia and New Zealand, giving customers the knowledge to make smarter business decisions. Every day we report on the credit status of approximately 85,000 individuals and commercial entities that apply for credit in these countries.

Our credit bureau software is also used in Malaysia, Singapore and Saudi Arabia.

The breadth and depth of the data and the knowledge that it delivers ensures customers get the complete picture. We help companies access the information and knowledge they need to make smarter decisions about customer acquisition and credit risk, and help consumers to manage their credit reputation and protect themselves against identity fraud.

“More information and content will be created during 2006/2007, than over the entire history of mankind. 93% of that content will be digital.” Accenture 2006

The businesses that leverage the power of this data explosion will have a major competitive advantage; to slash costs, boost productivity and super-charge innovation. The challenge for businesses today is how to harness the huge volumes of data being generated and stored to create competitive advantage in the information age.

Businesses need help to interpret, manage and leverage this expanding pool of data for business benefit. Consumers need tools and help to manage and monitor data that is being held about them. Governments need help balancing the community benefits of the information age with the rights of the individual to choose what is known about them.

And that’s where we come in. Our mission at Veda Advantage is to help customers get greater value out of data and make smarter business decisions.

Veda Advantage consists of two principal business units:

• Veda Solutions Group (VSG) – VSG works with marketers and business managers to help identify, attract and retain profitable customers.

• Information Services and Solutions (ISS) – ISS helps businesses predict what sort of person or company is likely to default and how to assess, verify, process and manage credit applications. ISS provides reporting products, consultancy services and software to achieve this. It also helps companies design strategies to reduce their exposure to fraud and the likelihood of financial risk.

In essence, Veda Advantage aims to give you the knowledge to be greater.