Risk solutions provider Inoxico (Pty) Ltd announced its acquisition of credit research bureau Robertsons Reports. The announcement formalises an extremely successful collaboration and raises the bar for the provision of credit information in South Africa and the continent.
“Africa remains an extremely lucrative opportunity for global businesses,” says André Stürmer, CEO at Inoxico. “The acquisition of Robertsons Reports, renowned for its credit research tradecraft, enhances our ability to assist clients evaluate risk associated with these opportunities, as well as satisfy governance requirements around regulatory and statutory compliance.”
According to Robertsons Reports CEO, Emlyn Robertson, any credit decision is only as good as the information upon which it is based. Inoxico’s commitment to crafting data-driven risk management solutions translates consistently into better quality outcomes and what Robertson foresees as a possible revitalisation of credit extension.
“Our existing credit climate is desperate for increased sources of researched information both here in South Africa and up into Africa. We are excited by the potential this partnership presents, particularly in revitalising credit granters. Ideally access to relevant research and current data should encourage them to drive back the recession by granting commerce and industry the wherewithal to trade out of our current doldrums,” states Robertson.
Robertsons is the longest standing commercial bureau brand in South Africa still under original management. Thirty years on, it continues to provide in-depth assessed reports to credit insurers globally who remain loyal to its integrity and quality of content and - most importantly - its assessed credit opinions. “The inclusion of this level of industry expertise and resources is great news for our combined customer base, as well as potential Africa investors who have been considering an African expansion plan, yet have been deterred by lack of relevant, actionable information,” adds Stürmer.
“Merging the industry legacy that is Robertsons with Inoxico’s innovation and Africa expertise is a powerful move that will further enhance our platform for debtor risk management services,” says Stürmer. “No other company is able to offer the broad spectrum or depth of data and research that we now have on tap, nor the robust analytics, technological expertise and intuitive user interfaces that makes our intelligence so easy to consume and interpret.”