BISZ Zrt. aims to provide reliable and up-to-date credit information to players in the Hungarian financial sector to facilitate prudent lending.
Objectives of BISZ Zrt.’s operations
The databases managed by BISZ Zrt. comprise a system operated jointly by over 450 financial institutions in Hungary. The data submitted by financial institutions and enterprises engaged in commercial lending (Reference Data Providers) are managed in compliance with applicable law. These databases provide credit information to BISZ Zrt.’s contracted partners to support the processes of application assessment.
The self-contained databases operated by BISZ Zrt. serve the following purposes:
- more differentiated assessment of creditworthiness
- wider availability of lending
- safer operation of the financial institutions providing data
- contribution to the reduction of credit risk.
BISZ Zrt. operates to meet the above requirements on a continuous basis and to high standard. Another important objective of the Company is the continuous improvement of the quality of its services, which is why it operates a quality management system in compliance with the requirements of the ISO 9001:2008 standard. We have an information security system in place conforming to the ISO/IEC 27001:2005 standard, which we continuously improve in order to increase the level of our security.