Experian, and Trans Union credit report toolkit for developers of
custom systems. Tools for integrating credit report access,
decisioning, analysis, scoring and merging, using XML, SQL, and
Credit report tool kit components
The credit report tool kit consists of standard and optional
components that enhance the MERit Credit Engine's value to developers.
|MERit Credit Systems announces support of
(sm.) in its MERit Credit Engine (MCE.) VantageScore was jointly
developed by Equifax, Experian and TransUnion.
- Experian, Equifax, and Trans Union
management console allows configuration of credit bureau access codes
and data transport options for single or unlimited multiple
- Protocol connectivity handlers take
care of the proprietary credit bureau protocols and/or TCP/IP,
transparently to your application.
- System to system credit report parser
functionality makes it unnecessary for a programmer to parse
the data into useable information, and eliminates the risk that
credit bureau changes to human-readable credit report layouts might
"break" your program.
- Consulting and Outsourcing are
available should you wish to outsource part or all of your
project's design, development, interfacing, and/or processing.
- Compliance with the
FACT Act. (The Fair and Accurate Credit Transactions Act.)
Credit Bureau-Specific Components
- Support for Equifax products including
credit reports, Persona, DTEC, Beacon and other risk models. MERit's
extensive Equifax experience makes it likely that we may already have
other Equifax components you may need.
- Support for Experian products including
credit profiles, Employment Insight, Social Search, CU Decision
Expert, Custom Strategist, FICO and other risk models. MERit's
extensive Experian experience makes it likely that we may already have
other Experian components you may need.
- Support for Trans Union products
including credit reports, PEER, TRACE, Empirica and other risk models.
MERit's extensive Trans Union experience makes it likely that we may
already have other Trans Union components you may need.
- Business credit reports handler provides
the means to incorporate Experian's business profile reports.
- Server Module runs as a Windows NT or 2000
background service, or as a standard Windows application, and
manages queues, error handling, and database interaction for multiple
simultaneous connections to a single or multiple bureaus. Includes
logging and trace functions.
- Import Monitor allows for customization of
the way in which credit report requests are formatted and handles
database interaction for the submission of requests in applications
where a simplified data interface is desired.
- Export Monitor provides for rendering of
credit reports as human-readable text, as well as highly-customizable
file output formats. It includes many functions capable of summarizing
and counting significant credit report values, and the capability to
launch external programs upon receipt of a report.
- Remote status monitor maintains a
connection to the database, and appears as an icon in the tray
area of the task bar for an at-a-glance indicator of the credit
engine's current status.
- Microsoft SQL Server or IBM DB2 database
(customer-provided) provides data storage for credit reports, as well
as opportunities for retrospective analysis of credit decisions. The
MERit Credit Engine comes with detailed explanations of the database
schema, allowing system integrators to insert requests, and query for
detailed results using ODBC and SQL statements. The database design is capable of storing raw bureau data, data which has been
parsed into tables, fully rendered reports, and (optionally) XML
XML Credit Reports and Merge
- Merged reports
tools relieve developers from the design and coding issues involved in
generating single, double, and tri-merge credit reports.
- XML credit report toolkit option allows for
credit report data presentation according to emerging XML standards
and the schema or DTD (data type definition) of specific industry groups.
- Merged XML credit report tool options
allow for credit reports according to the Mortgage Banker's
Association of America's MISMO standard for XML
credit reports, intended to be included with other loan origination
data, and allowing its use in Fannie Mae, Freddie Mac, and other
underwriting decisions. Normalizes credit data into the XML format
required by the specifications, and handles complex logic for (up to)
6-way merging of the required credit report data.
The credit report toolkit also can provide XML credit reports
according to the human
resources credit report schema as defined by the HR-XML