JD Williams joins TDX Group’s Data Exchange, HeliX

NOTTINGHAM, U.K. - July 18, 2013 - PRLog -- JD Williams, the UK's largest independent multi-channel home shopping retailer, has joined HeliX, the UK’s only data exchange specifically about consumers in financial arrears. This follows JD Williams signing up in February this year to TDX Group’s debt placement and management platform, PLATO.

Launched a year ago, HeliX allows creditors to share a new level of knowledge about consumers in arrears to inform debt collection agency (DCA) allocation decisions and arrears management activity. As well as improving liquidation, HeliX also supports fairer treatment by providing a more holistic view of a consumer’s full debt situation.
Members include companies across energy, telco, water, financial services and debt purchasers, with the exchange currently holding unique data on close to seven million consumers.

Graham Price at JD Williams commented: “At JD Williams we have always believed in the power of data sharing and of having a single customer viewpoint. HeliX allows us to apply this philosophy to our arrears management processes in a way that hasn’t previously been possible.”

Elliot Jackson, Director of HeliX, commented: “We are delighted that JD Williams has joined HeliX. They are another valuable and welcome addition to the HeliX user group and we look forward to helping them realise the benefits of improved liquidation and fairer treatment of consumers.”