First-ever Broker Service launched for the Credit and Risk Industry. Price transparency and independent product selection comes to market. PurplePatch, the first-ever broker service for the credit and risk information market has been launched – to help credit and risk managers find the most suitable products on the market, for the best price.
Replicating the credit insurance industry, the new independent service will act as a broker between those that use information and the credit and information providers themselves. PurplePatch will provide a ‘no cost’ consultancy and unbiased advice on products and services from across the whole of the market, and has already picked up a number of new clients.
PurplePatch has been launched by Nick Frazer and Nick Green who between them have over 50 years’ experience in the credit risk information industry with Dun & Bradstreet, Equifax and Experian.
Nick Frazer, director of PurplePatch, said: “It is about time our industry called for better price transparency and have the advantage of a service that goes beyond just comparing credit risk information products and providers.
“Today risk managers have many providers and products to choose from but little time to consider the whole market. There is also doubt that the price offered to the customer is not as keen as that offered to others using the same products and volumes. It’s a common problem and not surprising that the service is being received really well.”
Katie Woodiss-Field, Credit Manager, Amari Plastics Plc., commented: “Having just completed a review with PurplePatch, I can highly recommend this excellent service. Time saving, unbiased and a great idea – can’t believe no one has come up with it before!"
“We recently worked with PurplePatch to review our credit agency suppliers. Using our ‘wish list’ they were able to give us insight into the current market options available as well as considering new opportunities that we hadn't previously considered – saving us a considerable amount of our own time and effort to narrow down our selection.” Bryony Pettifor, Credit Manager, Anixter Ltd.
Nick Frazer has served over 30 years’ in the credit risk information industry working from sales management to board positions at Dun & Bradstreet, Equifax and Experian. Together with Nick Green, a credit risk specialist with over 20 years’ experience, including leadership positions with both Equifax and Experian, they have launched PurplePatch to ensure that the credit and risk industry has access to the best advice on products and services available across the credit risk information marketplace.
For more information about PurplePatch please contact Nick Frazer, n.frazer@purplepatchuk.com Telephone 01564 792956.
About PurplePatch - www.purplepatchuk.com. PurplePatch offers independent, genuinely impartial and unbiased advice in the credit risk information marketplace. Its risk information model provides choice that goes beyond product comparison and offers a smarter alternative to dealing direct, where the holistic view is missing and there is no incentive for best pricing.
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