Experian plc
LSE-EXPN
Company Overview
Experian plc, together with its subsidiaries, operates as a technology company. The company operates through two segments, Business-to-Business and Consumer Services. It provides data services to identify and understand the customers, as well as to manage the risks related with lending. The company also offers analytical and decision tools that enhance businesses to manage their customers, minimize the risk of fraud, comply with legal requirements, and automate decisions and processes. In addition, it provides financial education, free access to Experian credit reports and scores, online educational tools, and applications to manage their financial position, access credit offers, and protect themselves from identity fraud. The company serves customers in financial service, direct-to-consumer, health, retail, automotive, software and professional services, telecommunications and utility, insurance, media and technology, government and public, and other sectors. It operates in North America, Latin America, the United Kingdom, Ireland, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as Experian Group Limited and changed its name to Experian plc in July 2008. Experian plc was founded in 1826 and is headquartered in Dublin, Ireland.
Name
Experian plc
CEO
Brian J. Cassin
Website
www.experianplc.com
Sector
Professional Services
Year Founded
1826
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Bulls Say
Experian has data on approximately 1.5 billion consumers and about 200 million businesses globally; this depth would be incredibly hard to replicate.
Credit scoring is in its infancy in emerging markets. Although the ramp-up could take many years, Experian can use its reputation and experience to generate international revenue growth.
Experian's consumer business is performing well relative to peers and the firm has made some progress in its income and employment verification service to compete with Equifax.
Bears Say
Experian's business has some exposure to credit conditions, and a slowdown in marketing activity and originations could weigh on the firm's growth.
Experian faces a variety of competitors outside its core data business such as in decision solutions.
The breach at Equifax highlights potential event risk for the industry, and Experian has not been mistake-free on this front.