Ignite is perfect for early stage fintech companies to prototype ML models with credit bureau data (even alternative data). The data size is more than sufficient (even a 10% sample was enough for our model building). The team at Equifax was a pleasure to work with. They were super responsive and helpful. Would highly recommend.

Access to a lot more consumer credit data (in terms of size and types of data) than paying for a data dump at the same budget. It was perfect for us to prototype our ML and risk model (since we had no idea what features would be important). In the end, we got what we needed and more. Ignite is built on top of GCP, so we were able to leverage BigQuery and Jupyter Notebook + Spark for quick iterations from the get-go.

It is a closed ecosystem for data protection (understandable), but it also means that we were limited to the tools provided by the platform. So for production, we might still get data dumps, but with the help of Ignite, we now have a better idea of what types of data and how much of them we actually need.

2nd Order Solutions (2OS) advises lending Financial Institutions on the latest trends in the consumer credit industry. Publicly available data and reports only scratch the surface but with Equifax Ignite, we can unlock new insights with more granular data, displaying custom made graphs and disrupting the credit industry insights currently available by other companies. Ignite empowers us to understand pockets of credit risk or opportunities within different groups, and within asset classes; this understanding can then be used to inform our clients decisions and build better models to inform their credit policies. For instance, Ignite empowers us to pinpoint opportunities by analyzing alternative data, like utility and rental payments, helping us identify creditworthy prospects who may lack extensive credit histories and would otherwise not be eligible for a lending product. Lastly, we really enjoyed the effective customer support offered by the Equifax Ignite team. They quickly resolve any data quality issues. Despite the vast and complex corpus of datasets, their clear documentation and the Analytics team's prompt assistance has made it a great experience. he platform is user-friendly and easy to use. The Equifax team is always open to adding new datasets and labeling niche asset class if needed for a new use case or analysis.

We are more than pleased with the platform.

I had a highly positive overall experience with Equifax Ignite. I hope to continue using the service for the foreseeable future, as the insights we can gain from Equifax Ignite data are distinguishing for our firm within the industry.

The granularity and specificity of the Equifax Ignite data, along with the intuitive and creative data elements, is what makes it stand out among other data sources available for financial services consultants. I was recently involved in extensive research regarding the restart of federal student loan repayment, and there was no question that we couldn't answer with the Equifax Ignite tools in hand. The tradeline level data had useful historical features that helped us tease out complex patterns across massive swaths of the population. Importantly, my colleagues and I were able to onboard to the system and get accustomed to the various tools in a short period, greatly reducing the time it took our team to produce this time-sensitive paper. We appreciated the one-on-one support and attention that was available to us from the Equifax Ignite team whenever questions arose. In my experience, the Equifax team is quick to adopt new practices and ideas regarding data organization and utilization, making for an agile ecosystem that my firm takes advantage of to the great benefit of our analysts and clients.

When I first tried to gain access to the system, I had some issues logging on. However, when I wrote to the Equifax Ignite user team, I received a nearly instant response that was helpful and straightforward and I was able to log on easily afterwards. Perhaps the onboarding documentation has since been refreshed, but anyway this was not a major delay in my work.

- Access to diverse consumer credit datasets. - Prompt and helpful customer support. - Access to computing clusters for big data analysis. - Thorough documentation and a customer support portal.

- Initial learning curve but that is to be expected with a new product. The team has been helpful in figuring things out and the documentation is expanding. - Some initial data quality issues which is also to be expected with a new product but the team has been prompt in resolving them.

Customer service, comprehensiveness of data

Many verifications to enter portal - takes a bit of time