JERSEY CITY, N.J., November 3, 2014 — Verisk Analytics, Inc. (Nasdaq:VRSK) today announced the acquisition of Dart, a leading provider of benchmarking and advisory solutions to financial services institutions in Australia, New Zealand, and other key Asia-Pacific markets. As part of the Argus business of Verisk Analytics, Dart will provide benchmarking solutions and professional services critical to financial services institutions in the optimal management of lending and payment portfolios.
“The Dart solution, comprising benchmarking and advisory services, helps complement and solidify our presence in Australia and accelerates our presence in New Zealand. It will ultimately help provide on-the-ground and in-market expertise that our clients in other markets have come to expect from us,” said Nana Banerjee, president of Argus. “The solution is relevant to all the major consumer lending and payment products, including credit and debit cards, deposit and checking accounts, mortgages, and student loans,” added Banerjee.
“Dart leverages deep market, industry, and product expertise to uniquely transform consortia data from major financial services institutions into usable business intelligence and strategic insights,” said Mike Hartley, managing director of Dart. “We are excited to become a part of the Verisk Analytics and Argus team. This affiliation will significantly boost our objective of providing critical ‘outside-in’ benchmarking solutions to our customers in Australia, New Zealand, and the broader Asia-Pacific market.”
Dart Consulting is a leading provider of benchmarking and management consulting advice to the payments, loyalty, and consumer finance industries. Dart maintains unique data assets that combine with deep industry expertise to provide clients with vital business intelligence and insightful recommendations that help realize a wide range of business goals. Dart clients are primarily consumer banks throughout the Asia-Pacific region.
Argus Information & Advisory Services, LLC, is a leading provider of competitive benchmarking, scoring solutions, analytics, and customized services to financial services institutions and regulators in North America, Latin America, and Europe. Using more than ten years of de-identified longitudinal data, Argus provides important insights for its customers, who currently include most of the leading retail banks and credit card issuers in the United States, Canada, United Kingdom and Australia. Argus is a Verisk Analytics (Nasdaq:VRSK) business. For more information about Argus, visit www.argusinformation.com.
About Verisk Analytics
Verisk Analytics (Nasdaq:VRSK) is a leading provider of information about risk to professionals in insurance, healthcare, financial services, government, and risk management. Using advanced technologies to collect and analyze billions of records, Verisk Analytics draws on vast industry expertise and unique proprietary data sets to provide predictive analytics and decision support solutions in fraud prevention, actuarial science, insurance coverages, fire protection, catastrophe and weather risk, data management, and many other fields. In the United States and around the world, Verisk Analytics helps customers protect people, property, and financial assets. For more information, visit www.verisk.com.
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Verisk Analytics, Inc.
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Verisk Analytics, Inc.
MWW Group (for Verisk Analytics)