News Article

Credit Management

British Credit Awards 2016: Graydon wins “Credit Information Provider of the Year” award

By CreditMan Thursday, February 11, 2016

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Business Information specialist Graydon was announced as the winner in two important categories at the annual Chartered Institute of Credit Management (CICM) awards in London. It won both the Credit Information Provider of the Year award, as well as the Risk Management Achievement of the Year award.

Graydon CCO and Managing Director for the UK Alex Schwendtner comments: “The award for Credit Information Provider of the Year is an important recognition for our commitment to innovation and customer centricity. We constantly seek new initiatives and methodologies to better serve our customer base and to provide them with the latest industry insights. I'm delighted that Graydon did not only win the “Credit Information Provider of the Year” award, but also the Risk Management Achiever of the year” award. It’s truly fantastic to see that all the hard work and dedication of the team received such a wonderful recognition.”

Graydon UK is part of the international Graydon group, which has an expertise of over 127 years in Credit Risk Management in Europe. The company converts vast amounts of data from diverse data sources into information, to generate invaluable economic, financial and commercial insights that help customers gain knowledge into their sector and stay ahead of industry trends and developments.

Besides its successful focus on Credit Management, Graydon also commits itself to provide the best Risk intelligence in the market. Its commitment was awarded in CICM’s event, as the company also won the category “Risk Management Achievement of the Year”.

Mr Schwendtner says: “In a rapidly changing technological environment, in which we detect a strong growth in online business, risk management becomes an essential part of our day-to-day business. Therefore, we analyse possible fraud situations for each sector, but also recognise trends around risk management. These market insights are regularly shared with members of various Intelligence Sectors through Round Table sessions all over the UK, to enable discussions around best practices.

Judges at the CICM event comment: “We have awarded Graydon for this category, as the company clearly shows how it uses and manages data to mitigate risk in key sectors.”

In 2015, Graydon made significant investments in its Sector Intelligence Network. The new and improved Sector Intelligence Network now provides in-depth knowledge of customer behaviour across a wide variety of industries including IT, Hotels, Petroleum, Steel and Timber. It is a springboard to a bigger and better 2016. Graydon will continue to commit itself to its customers and to create state of the art technological capabilities to get (and stay) ahead of innovation trends in the market.