Experian will provide Orchard's users with access to depersonalized datasets that will provide greater efficiency and transparency for investment opportunities.
"Access to Experian's depersonalized credit data adds immediate value to our clients, whether they are looking to buy, sell or hold loans," said Orchard's chief commercial officer Bill Ullman. "Typically, a borrower's creditworthiness is captured for loans at a particular point in time — when the lender is making a decision. Experian makes it possible to monitor the anonymous credit data of borrowers, in an ongoing and privacy-friendly way. We are excited to work with Experian, the industry leader, to provide our clients with the data they need to make better-informed decisions when using Orchard's analytics and transactional platform."