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Experian®, the global information solutions company, has
acquired N4 Solutions, a provider of specialist software for the mortgage and
financial planning sectors. N4
Solutions will be integrated with Experian's existing mortgage group to create
a new division within its Consumer Business.
Steven Jones, CEO of N4 Solutions, shall lead the new division.
Experian®, the global information solutions company, has
acquired N4 Solutions, a provider of specialist software for the mortgage and
financial planning sectors. N4
Solutions is based in Cirencester, Glos, and will become part of Experian's
Consumer Business.
N4 Solutions will be integrated with Experian's existing
mortgage group to create a new division within its Consumer Business. The combined unit will leverage N4's
vertical market knowledge with Experian's market-leading expertise and products
in application processing, decision analytics, lead generation and property valuation
models, which enable organisations to make key business decisions about
targeting, acquiring and retaining profitable customers. In addition, the N4 platform provides
Experian with a major opportunity to develop further its insurance and wealth management
capabilities.
Founded in 1999, N4 Solutions provides software, which
enables lenders and financial services providers to undertake compliant
effective sales engagements across all distribution channels. N4 Solutions' products cover the sale of
mortgages, general insurance and financial planning, taking the consumer from
initial contact through to fully compliant purchase across all distribution
channels. Mortgage offer at point of
sale is a key part of the N4 proposition and typically involves the use of a
number of Experian credit services and products in order to deliver immediate
decisions. N4 Solutions' clients include Barclays, Nationwide, Intrinsic
Financial Services, Portman Building Society, Nottingham Building Society and
the Norwich & Peterborough Building Society.
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