For the purposes of this paper, Portfolio Management is defined as credit risk management activities for individual accounts in the latter three stages of the credit risk life cycle: current account management, collections and recoveries.
This paper describes the key decisions, processes, project structure and international learnings concerning the adoption of the new Australian Credit Reporting Data Standard (ACRDS).
ACRDS is the foundation for the exchange of CCR data between credit providers and credit reporting businesses (credit bureaus).
This paper is recommended reading for anyone in a role within a credit provider’s project to establish data sharing with the new data structure.
This paper looks at the steps that a credit provider needs to consider to successfully introduce CCR data into their applications process to realise benefits.
The originations process is complex and requires strong change management disciplines. To implement CCR, credit providers will need to work through a series of steps to set business objectives and determine the right time to participate.
