Tiresias-EPSILONNET: Strategic partnership for credit scoring

The two signed a partnership for the integration of business information and credit scoring tools into companies' information systems. The goal is better decisions and higher efficiency.

Tiresias-EPSILONNET: Strategic partnership for credit scoring

This article is an AI translation of an original piece published in Greek. Read original

Tiresias, Greece's only Credit Bureau, and EPSILONNET, one of the country's largest IT and Business Software Groups, announce the signing of their strategic partnership, aimed at providing reliable business information and developing advanced decision-making tools with the goal of strengthening the operation and efficiency of Greek businesses.

According to the relevant announcement, the first pillar of the partnership is the provision of the TSEK platform, Tiresias's integrated digital gateway for business information, through EPSILONNET's application ecosystem.

Through this partnership, with the EPSILON FAST TSEK service, tens of thousands of businesses and more than 16,000 accounting firms will gain direct access to reliable business data that supports informed decision-making.

At the same time, the partnership creates the conditions for the development of new digital services, leveraging Tiresias's data and the expertise of Statistical Decisions in predictive analytics, credit scoring, and artificial intelligence solutions. These capabilities are integrated into EPSILONNET's information systems used by large and medium-sized Greek businesses, offering services such as :

  • assessment of the creditworthiness of customers & suppliers
  • dynamic credit scoring,
  • early warning mechanisms (Early Warning Systems), and
  • business decision support tools.

This strategy marks the transition to a new Embedded Credit Intelligence model, where information is integrated directly into the business working environment, where critical decisions are made daily.

The CEO of Tiresias, Ilias E. Xirouchakis, stated: “At Tiresias, our vision is for reliable information to be a driver of growth for Greek entrepreneurship. Our partnership with EPSILONNET broadens businesses' access to Tiresias information, integrating it into the systems they use daily and transforming it into an essential tool for strategic planning, informed decision-making, and sustainable growth”.

The Chairman and CEO of the EPSILONNET Group, Ioannis Michos, stated: “We are particularly pleased with the signing of our strategic partnership with Tiresias. By leveraging Tiresias's deep expertise and many years of experience, we enable our customers to dynamically leverage the business data found in their information systems and, with our support, produce advanced credit assessment analytics & dynamic credit scoring for their customers and suppliers”.

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