Q: What is Equifax’s value proposition for the Mexican market, and what are the main services it provides in the country?
A: Equifax is a public company with over 120 years of history, listed on the New York Stock Exchange (NYSE), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward
Q: How is Equifax positioned within the financial and technological ecosystem in Mexico?
A: To understand Equifax in Mexico today, we are positioned as the architects of digital trust infrastructure. We are not just a data-solutions provider; we are the engine that connects financial institutions with the modern consumer through three distinct strategic pillars:
1. A Layered, Fortified Infrastructure.
We are the only player in the Mexican market operating with a 100% cloud-native infrastructure. To maintain this edge, we invest over US$3 billion in security and Technology.
Equifax Cloud™ is one of the largest cloud initiatives ever undertaken in our industry, and a central component of the Equifax Cloud is its custom data fabric, an adaptable data platform that unifies the enterprise’s data in a single, virtual structure, enabling critical data governance measures, including data segregation, and maintaining compliance with regulatory requirements. It is powered by layering advanced analytics and AI with deep, proprietary, high-quality data.
Data fabric offers the ability to ingest and analyze our non-public data at scale and enhances the keying and linking of our data assets for delivery of multi-data solutions. Our clients can access the core data, layer on advanced value-added analytics, or plug into specific modular engines for origination and behavioral monitoring. We don’t merely sell software; we provide the ‘engines’ that allow banks and diverse companies to execute their own business strategies more efficiently while remaining customer-centric.
2. Promoting Responsible Financial Inclusion.
A central tenet of our positioning is the promotion of responsible financial inclusion and we leverage that to implement best practices that go far beyond providing solutions. We believe credit should be a tool for value creation—starting a business or acquiring assets. To ensure this, we invest heavily in financial education programs for both consumers and intermediaries. We want to ensure that as we bring more people into the formal economy, they have the knowledge to stay there and thrive.
In each of the 24 countries where we do business, Equifax is focused on helping people gain an equal opportunity to access affordable, mainstream financial services for the things that they want and need in life.
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Read More: Providing Data, Information, Financial Knowledge for Everyone
