TDX Group marketing and services support to transition from Kessler to Veda in September
TDX Group, the UK’s leading provider of data and technology-driven debt solutions, has today announced that it will be changing its local marketing and services partner in Australia, from Kessler Group to Veda Group Limited.
The decision follows the acquisition of Veda, the leading provider of credit information and analysis in Australia and New Zealand, by Equifax in February 2016. This acquisition was a strategic move by Equifax, TDX Group’s parent company, to enter the Australian market and increase its global footprint and presence in this important region.
TDX Group entered the partnership with Kessler in 2013, joining forces to market its industry leading debt collection platforms, tools and advisory services to Australian credit issuers.
Laurence Hamilton, SVP Decision Solutions at Equifax and TDX Group Managing Director, said: “TDX Group and Kessler have had a very successful relationship for more than three years and I’d personally like to thank the team for their great contribution, support and achievements during the period we’ve worked together.
“At TDX Group, we’re very excited by the breadth of this new opportunity with Veda and are working closely with Equifax to look at the longer-term strategic opportunities to grow our debt recovery offering within Australia and other markets in the region."
In the short term, TDX Group will work with both organisations to collaboratively and seamlessly migrate the existing services provided by Kessler to the Veda team and infrastructure, and clients will be kept well informed and supported during the transition.
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
About Equifax: Founded more than 110 years ago, global leader in information solutions, Equifax, is headquartered in Atlanta, Georgia, and employs approximately 6,500 people in 18 countries through North America, Latin America and Europe. Equifax is a member of Standard & Poor’s (S&P) 500® Index, and are listed on the New York Stock Exchange. In 2012, Equifax made $2.2 billion dollars revenue worldwide. To find out more about Equifax please visit: www.equifax.comDownload PDF