Global information services company Experian has signed a deal which will see them provide dv01 clients such as hedge funds, banks and asset managers access to detailed borrower credit data while they conduct performance analyses with dv01’s suite of built-in tools. dv01 is a reporting and analytics platform.
“dv01 already has a robust set of tools for reporting and analysis, and this new influx of data will allow clients to better understand loan performance by enabling our tools to operate at their maximum potential,” dv01 founder and CEO Perry Rabhar said. “The more institutional investors know, the better their decision making.”
dv01 is in the midst of analyzing millions of borrower attributes from Experian’s data base to installment loans in client portfolios. The anonymized data allows dv01 clients to isolate external trends. They are also serving as a data warehouse for data sets Experian offers investors for data modeling and have aggregated more than $40 billion in loans from SoFi, Lending Club, Prosper, Avant, CommonBond and others.