PR - Elite Recovery Services Selects TransUnion for Collection Strategy

Elite Recovery Services, a leading purchaser and servicer of credit-intensive assets, will use TransUnion’s StrategyBuilder to test collection treatment strategies before implementing them.

"Elite Recovery Services is committed to incorporating the latest in new collection technology to deliver on our company’s promise of ‘maximum net back’ for each and every portfolio," said Rick Corica, Executive Vice President, Elite Recovery Services. "Specifically, TransUnion’s StrategyBuilder presents significant benefits for our organization, including the ability to centralize our treatment deployment and introduce challenger strategies that allow us to improve the execution of our collection activities."

TransUnion‘s StrategyBuilder is a decisioning solution that uses business rule logic to help third-party collections agencies, debt buyers, original creditors and legal agencies segment debtor accounts into appropriate categories and assign treatment strategies based on the organization’s criteria and business logic.

"Given today’s market climate, debt buyers can no longer rely on gut feelings or subjective evaluation of treatments to gauge how a portfolio will perform over time," said Kevin Derbyshire, director of solutions and business development for TransUnion. "With StrategyBuilder, Elite Recovery Services can objectively determine and have confidence in the treatment strategies that will likely provide the best return on investment before pushing them live."

Buffalo, N.Y.-based Elite Recovery Services will use StrategyBuilder to test and implement treatment strategies in each of its purchases and services credit-intensive asset portfolios.