Equifax 2007 Annual Report Download - page 10

Download and view the complete annual report

Please find page 10 of the 2007 Equifax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 100

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100

North America Commercial Information Solutions
empowers businesses to do business with one another.
We have entered the $1.7 billion commercial market by
establishing a leadership position of enabling large busi-
nesses to work with small businesses. Small business
transactions account for the majority of commercial credit
lending activity in the United States and Canada – and our
clients have told us that the small business sector offers
critical growth potential.
Our credit databases are
the largest in the industry for
U.S. and Canadian small busi-
ness information, placing us in
a unique position to help our
clients grow. At year-end, our
commercial databases contained credit information on
approximately 24 million U.S. and 2.4 million Canadian
businesses. U.S. files continue to grow in depth and
breadth. Enhancements include more multi-industry
payment experiences, extensive financial services
information and public record data, such as Secretary
of State as well as Securities and Exchange Commission
registrations. In addition, our market-leading corporate
linkage technology reveals business-to-business relation-
ships and is supported by superior predictive analytics.
Furthermore, best-in-class decisioning products,
such as scoring models that blend both proprietor and
small business data, enable
clients to make more sound
risk or marketing decisions.
This type of unique
intelligence is helping our
clients win in the marketplace.
Our financial exchange members
tell us they are experiencing as much as a 15 percent
increase in new account approvals while keeping delin-
quencies constant. We are confident that our commercial
business can double in size and market share by 2010.
North America Commercial Information Solutions
2007 HIGHLIGHTS
• Double-digit revenue growth
• U.S. transaction volume up more than 30 percent
• New client growth of more than 50 percent
• Clients include top 30 small business credit
card issuers
MICHAEL SHANNON
PRESIDENT,
NORTH AMERICA COMMERCIAL INFORMATION SOLUTIONS
“Our long-term goal is to be the premier provider of commercial
decisioning solutions in the marketplace. We do so by providing
our clients with a unique, 360-degree view of their existing
and prospective customers; leveraging our proprietary Small
Business Financial Exchange and comprehensive customer
relationship management solutions; providing the industry’s
most predictive scores; capitalizing on multi-industry risk
decisioning platforms that support our unique data; and offering
premier marketing solutions to clients.”
DOUBLE-DIGIT GROWTH
2004-2007
04 0705 06
$80
$60
$40
$20
0
Revenue
(in millions)
04 0705 06
$20
$15
$10
$ 5
0
Operating Income
(in millions)
Both revenue and operating income have increased
year-over-year.
8 EQUIFAX | 2007 ANNUAL REPORT