Ansonia Credit Data and 3i Infotech Partner to Provide Better Risk Decisions

Oct. 19, 2010 - PRLog -- Olympia, Wash. — Ansonia Credit Data, a leading provider of high-quality, low-priced business credit reports, today announced its partnership with 3i Infotech to provide real-time credit reporting information to factors through 3i Infotech’s Factor/SQL™ software. 3i Infotech, a global information technology and BPO company, will utilize Ansonia’s unique Application Programming Interface (API) to connect Factor/SQL users directly with the global payment experience, risk score and other business credit report information they need when making critical risk decisions.

Ansonia’s proprietary API is provided through its Ansonia Integrator™ solution, allowing for the automatic integration, or sharing, of real-time credit data with 3i Infotech’s Factor/SQL, a highly scalable software used by factors to manage portfolios, analyze risk, track commissions and optimize income. By combining capabilities in a single platform, Ansonia and 3i Infotech will save Factor/SQL customers significant time and resources by allowing them to decide a debtor’s credit-worthiness without having to switch between multiple applications.

“While the factoring community continues to address a challenging economy, Ansonia strives to help companies better identify payment trends, collect on invoices and meet their overall financial goals,” Ansonia CEO Kathleen Dasal said. “With the new Ansonia-3i Infotech partnership, customers clearly will have access to the most powerful analytic tools and information available in the market today for qualifying the financial strength of prospects and customers.”

“This partnership will give Factor/SQL users instant access to active credit information from within the application, enabling them to make quick, effective credit decisions,” said Rajesh Raman, sales manager, 3i Infotech Financial Software. “For added flexibility, factoring companies can also extend Ansonia’s credit reporting as a service to their clients on a 24/7 basis using the new online interface. With either approach, Factor/SQL customers will greatly benefit from added productivity and improved decision-making.”

Through the partnership, factoring customers will have access to Ansonia Credit Reports and Ansonia Alerts with no set-up or annual fees, and no long-term contracts. Substantial discounts are offered for participation in Ansonia’s accounts receivable data exchange, where contributors also can experience the long-term benefits that come with being able to compare data within their industry sector. Ansonia Credit Data is an International Factoring Association (IFA) Preferred Vendor.

About Ansonia Credit Data
Ansonia Credit Data is a leading commercial credit reporting company dedicated to providing customers with the most accurate and affordable business credit reports available so they can make the best decisions possible. Ansonia maintains a global database on companies of every size, industry and market segment, receiving more than a half billion dollars daily in new accounts receivable activity. Ansonia credit reports help businesses to improve their management of credit risk, payment practices and cash flow, and automate decision-making. For more information, please visit Ansonia Credit Data at http://www.ansoniacreditdata.com.

About 3i Infotech
3i Infotech (http://www.3i-infotech.com) is a leading IT company and among the top three Indian software products companies. The company provides technology, transaction services and BPO solutions (including billing, remittance processing, document imaging, managed IT Services, application software development & maintenance, business intelligence, infrastructure management, testing, IT staffing, operations outsourcing and IT consulting) for the insurance, banking/financial services, telecommunications, government/public services, utilities, manufacturing, healthcare/life sciences, education and retail industries. The company services customers in more than 50 countries across five continents. The company's quality certifications include SEI CMMI Level 5 for Software business, ISO 9001:2000 for BPO, ISO/IEC 27001:2005 for data center operations and ISO/IEC 20000-1:2005 for data center management services. 3i Infotech is a member of the FinTech 100 and is on the WorldBlu List of Most Democratic Workplaces.

CONTACT:

Ansonia Credit Data
Kathy Nicastro-Anderson
(877) 218-2056
kathya@ansoniacreditdata.com

3i Infotech
Josh Wendroff
(213) 216-1808
josh.wendroff@3i-infotech.com

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Ansonia Credit Data, a leading provider of high-quality, low-priced commercial credit reports, helps businesses to improve their management of credit risk and cash flow, and automate decision-making. Please visit us at http://www.ansoniacreditdata.com.