TDX Group secures full FCA authorisation
TDX Group, the UK’s leading provider of data and technology-driven debt solutions, has been granted full authorisation by the Financial Conduct Authority with effect from Friday 06 May 2016.
Laurence Hamilton, Managing Director at TDX Group, said: “This is fantastic news for our business and I’d like to thank everyone who has played a part in helping to reach this milestone. We’re delighted by this decision as achieving full FCA authorisation further solidifies our commitment to the debt recovery sector and to playing a key role in achieving the right outcomes for consumers.
“FCA authorisation demonstrates that we not only operate to the high standards laid out within the regulations, but also reflects that fair consumer treatment is at the heart of the TDX Group business model.”
Nottingham-based, TDX Group was founded in 2004 on the belief that the recovery of debt could be infinitely more efficient, effective and fair through the use of more data and analysis. That core belief hasn’t changed and it has grown rapidly at the centre of the debt recovery industry ever since.
In 2014, TDX Group was acquired by Equifax and also went on to set up the joint venture, Indesser, with UK government, providing its departments with access to best in class private sector solutions to support their debt collection activities.
Today, TDX Group is a 380 strong team; based in the UK, Spain and Australia, with ambitions to further develop its expertise and international presence across Europe, the USA and Latin America over the coming years.
Notes to Editors:
About TDX Group: TDX Group, an Equifax company, provides businesses with technology, data and advisory services to improve debt liquidation and the fair treatment of consumers in financial arrears. TDX Group work at the centre of the industry with specialist debt businesses and with creditors across financial services, retail, energy, water, telco and media sectors, plus local and central government; providing solutions which support them in managing collections, recoveries, debt sale and insolvency. To find out more about TDX Group please visit: www.tdxgroup.com. TDX Group is authorised and regulated by the Financial Conduct Authority.
About Equifax: Equifax Inc., headquartered in Atlanta, Georgia, powers the financial future of individuals and organisations around the world. Using the combined strength of unique trusted data, technology and innovative analytics, Equifax Inc. has grown from a consumer credit company into a leading provider of insights and knowledge that helps its customers make informed decisions. The company organises, assimilates and analyses data on more than 800 million consumers and more than 88 million businesses worldwide, and its databases include employee data contributed from more than 5,000 employers. Equifax Inc. operates or has investments in 21 countries in North America, Central and South America, Europe and the Asia Pacific region. It is a member of Standard & Poor's (S&P) 500® Index, and its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. Equifax Inc. and its subsidiaries employ approximately 9,200 employees worldwide. For more information, visit www.equifax.com. Equifax Limited is an Equifax Group company based in the UK. Equifax Limited is authorised and regulated by the Financial Conduct Authority.
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