Credit bureaus and rating agencies collect, store and manage data about consumers and businesses across the United Kingdom. The industry is responsible for mitigating risk, regulating activity and standardising information for its clients, which include investors, credit issuers, investment banks, broker-dealers, governments and the public. The industry can be divided into two separate areas: credit bureaus and credit rating agencies (CRAs). Credit bureaus help lenders assess the creditworthiness of prospective customers by collecting information on consumers' borrowing and repayment history.
Credit bureaus provide data and information used to assess the creditworthiness of consumers, businesses and other organisations. Credit rating agencies perform a similar function, but with a particular focus on debt securities that can be traded on secondary markets and the organisations that issue those securities.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.