Pressemitteilung BoxID: 367363 (KXEN, Inc.)
  • KXEN, Inc.
  • 201 Mission Street, Suite 1950
  • 94105 San Francisco
  • Ansprechpartner
  • Caroline Tailleferd
  • +33 (1) 414479-54

Equifax Capital Markets Integrates KXEN Technology, Delivers Powerful Predictive Modeling to the Secondary Market

(PresseBox) (San Francisco, ) KXEN, the leading provider of data mining automation solutions, announced today that Equifax Capital Markets is using KXEN technology to strengthen its data mining and predictive modeling capabilities. Through its relationship with KXEN, Equifax can build models faster and identify variables that are most predictive of mortgage loan default and delinquency. Together, Equifax and KXEN provide investors with access to data sources and tools that provide precise indicators of securitised loan performance.

With KXEN technology, Equifax can quickly analyse data and conduct efficient data mining and variable reduction exercises. KXEN technology advances the analytic capabilities of Equifax Capital Markets by isolating selected credit variables to build highly accurate and reliable models. This added speed and scalability enables rapid testing and delivery of credit data to the mortgagebacked securities marketplace.

"Through this relationship, we have the ability to provide the secondary market with the critical insights to improve default and prepayment predictions," said Steve Albert, vice president, Equifax Capital Markets. "By leveraging the combined strength of Equifax's extensive borrower credit data and KXEN's leadingedge technology, our Capital Markets team gains access to actionable intelligence in a fraction of the time it would take using conventional tools."

A fully automated solution, KXEN's software embeds predictive analytics into key business processes and strategic solutions. The unmatched speed, ease of use and scalability of KXEN technology enable the delivery of critical customer insights related to potential prepayment and default risks.

"We are pleased that Equifax has selected us to work with them to leverage the powerful capabilities of KXEN technology in the mortgagebacked securities market," said John Ball, Chief Executive Officer, KXEN. "Equifax represents the new wave of analytically sophisticated companies looking to next- generation technologies to build highly predictive models that can reshape the way mortgage investors predict payment performance and thereby reduce risk and exposure."

This relationship is the latest development among a number of industry innovations led by Equifax Capital Markets. Recently, Equifax added several, unique data variables to its premier solution for the mortgagebacked securities market - ABS Credit Risk Insight. An industry first, the solution gives investors greater visibility into borrower credit health by providing detail on all mortgage and home equity payments, owneroccupancy, bankruptcies and performance on past mortgages.

For more information about KXEN solutions, visit To learn more about Equifax Capital Markets, visit

About Equifax (

Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, the company leverages one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.

With a strong heritage of innovation and leadership, Equifax continuously delivers innovative solutions with the highest integrity and reliability. Businesses - large and small - rely on Equifax for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. Equifax empowers individual consumers to manage their personal credit information, protect their identity, and maximize their financial wellbeing.

Headquartered in Atlanta, Georgia, Equifax Inc. operates in the U.S. and 14 other countries throughout North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange under the symbol EFX.

KXEN, Inc.

KXEN, The Data Mining Automation Company(TM) delivers nextgeneration Customer Lifecycle Analytics to enterprises that depend on analytics for competitive advantage. KXEN's solutions for CRM lifecycle analytics drive significant improvements in customer acquisition, retention, crosssell and risk applications. KXEN's solutions are based on patented innovations and have been deployed at over 400 customers including Bank of America, Barclays, Cox Communications, Lowe's, Meredith Corporation,, Rogers, Vodafone, and Wells Fargo. KXEN is headquartered in San Francisco, California with field offices in the US, Paris and London. Find out more by visiting