Chapter 2: ACRO Training (Automated Credit Reporting Online)
IN THIS LESSON
Equifax Cloud
What is the Equifax Cloud?
The Equifax Cloud is the foundation of our business. It is the result of our investment to create a world class, enterprise-wide infrastructure tailored to highly regulated data workloads.
The Cloud allows our customers to:
Access data in new ways
Access new and unique integrated data sources
Enhance processes along the value chain
Explain customer base and share-of-wallet
Access new EFX product innovations
Enhance customer experiences
How does the Equifax Cloud benefit our customers?
The Equifax Cloud is at the core of how we operate and differentiates us from our competitors with:
Security that’s built in, not bolted on
Stability that’s “always-on”
Performance built for results
Data Fabric
Equifax Data Fabric is a cloud-native, enterprise data management platform that aggregates all data received by Equifax into a single environment on the Equifax Cloud.
Our single data fabric allows the rapid delivery of multi-data solutions that drives predictability and higher approval rates, lower losses, and higher performance for our customers.
More than 100 siloed data exchanges are now consolidated into one integrated platform across 24 global markets, including the US, Australia, the UK and Canada. This proprietary structure unlocks unprecedented flexibility and accuracy - including strict compliance and governance controls.
We now have more than 250 billion records keyed and linked in a common format. This allows us to stream data on demand to our data scientists and customers and eliminates the months of labor required in the past to prepare complex data sets.
Data Fabric enables a single, seamless data structure with layered data governance controls designed to enforce regulatory and other data protection and segmentation requirements.