CRIF extends its business information services in Far East by acquiring PT Visi Globalindo Data Utama in Indonesia

22/09/2017

CRIF, a global company specialising in credit bureau, business information and credit solutions, has announced today the acquisition of PT Visi Globalindo Data Utama (PT Visi), a major business information provider based in Jakarta.

Operating since 2009, PT Visi provides consultancy and business information services to international and domestic credit companies, banking organizations, multinational and trade insurance companies. Its business information reports are used extensively by credit guarantee institutions in the USA, Latin America, Europe, Asia and Africa, as well as trading houses, suppliers, banks, and the commercial sections of several foreign embassies in Indonesia. In a condensed and clear format, its business information report conveys a detailed picture of a company or a sole trader, with a particular focus on their business potential and performance.

Specifically, the business information reports provided by PT Visi contain detailed information on any investigated company, including date of establishment, legal status, business permits, business lines, capitalization, sales turnover, investment, work force, boards of management, supervisory boards and associated companies. In addition, the company also covers the business operations of companies, business prospects, financial status, management capability and creditworthiness.

Thanks to this acquisition, CRIF will be able to integrate its business information services worldwide, and strengthen its credit and risk management solutions. The combination of CRIF’s global expertise with PT Visi’s extensive knowledge of the Indonesian business market will allow clients to benefit from powerful tools and wider data sources to perform business planning and development, as well as optimizing marketing activities and risk management.

“I am pleased to become part of the CRIF group, a company present globally and with an international client portfolio. Now we are going to have more resources for further investments and business development, with the possibility of expanding our international client base”, said Novi Rolastuti, General Manager of PT Visi.

“The acquisition of PT Visi Globalindo Data Utama is a major step toward providing our global customers with additional decision-support services and reinforcing our positioning in Indonesia, where we have been operating since 2012 in the credit bureau arena. CRIF business information services together with PT Visi’s best-in-class content and in-depth expertise will enable our international customers to boost growth and enhance decision-making processes”, commented Carlo Gherardi, President and CEO of CRIF.

“We are committed to building new synergies with PT Visi to develop our value proposition”, said Lamberto Barbieri, Asia Managing Director of CRIF. “CRIF is constantly focused on innovation and bringing new competences to the market in order to improve the offering in Asia and exceed the business needs and increasing demand of our customers”.

About PT Visi Globalindo Data Utama
PT. Visi was established in Jakarta, Indonesia in 2009, specializing in business information. Although it has only been operating for 8 years, with the support of young people who have high levels of curiosity and excellent analytical capabilities, today PT Visi is developing rapidly and has become one of the leading business information companies in Indonesia.