SOURCE: Pegasystems

September 29, 2014 09:30 ET

Pegasystems Teams With Equifax to Create an Out-of-the-Box Service Connector

New Connector Provides Mutual Customers With Faster Access to Equifax Data and Services

CAMBRIDGE, MA--(Marketwired - Sep 29, 2014) - Pegasystems Inc. (NASDAQ: PEGA), the software company powering the digital enterprise, today announced it has teamed with Equifax (NYSE: EFX), a global information solutions company, to provide a service connector to an industry-leading Equifax processing and delivery platform, called InterConnect®. InterConnect provides access to data that is used by organizations to automate account openings, improve cross-selling and manage credit risk and fraud mitigation across the client lifecycle. The combined power of Pega applications, the InterConnect services and Equifax data enables organizations to more effectively manage business decisions to ensure a better customer experience, while reducing risk, reducing cost and increasing revenue.

The connector allows Pegasystems customers to efficiently incorporate Equifax data into their Pega applications without the need for significant additional development. Using the service connector, Pega customers can quickly build applications that leverage the broad range of Equifax data and insights to meet customer needs.

The connector is a strong complement to a number of Pegasystems' financial services applications, including Pega's New Business For Financial Services and Pega's Customer Process Manager. Use of the connector requires an Equifax contract and works with applications built on Pega 7. 

Quotes & Commentary:

"Increasing operational efficiency and accuracy is of paramount importance to the success of commercial banks. Having access to timely and relevant data strengthens the ability of banks to deliver products and services faster, provide better customer experience and compete more effectively," said Ron Wellman, Industry Principal for Commercial Banking at Pegasystems. "The Equifax relationship and the new connector is a key step in ensuring our customers' ability to meet their goals."

"The newly created connector will afford our two companies even further reach -- from the drawing board to deployment -- into our customers' decision processes," said Lisa Nelson, Senior Vice President of Enterprise Alliances, Equifax. "We are excited to partner with Pegasystems, and look forward to many successes with them."

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About Pegasystems
Pegasystems Build for Change® Platform is the heart of Better Business Software®. It delivers business agility and empowers leading organizations to rapidly close execution gaps and seize new opportunities. Pegasystems leverages its recognized leadership in Business Process Management (BPM), Multi-Channel Customer Relationship Management (CRM), Business Rules, and Adaptive Analytics to uniquely give its clients the power to engage customers, simplify operations and Build For Change®. For more information, please visit us at www.pega.com

About Equifax
Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. The company's significant investments in differentiated data, its expertise in advanced analytics to explore and develop new multi-source data solutions, and its leading-edge proprietary technology enable it to create and deliver unparalleled customized insights that enrich both the performance of businesses and the lives of consumers.

Headquartered in Atlanta, Equifax operates or has investments in 19 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. In 2013, Equifax was named a Bloomberg BusinessWeek Top 50 company, was #3 in Fortune's Most Admired list in its category, and was named to InfoWeek 500 as well as the FinTech 100. For more information, please visit www.equifax.com.

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