TDX Group is a data and technology company that provides
creditors
A creditor or lender is a party (e.g., person, organization, company, or government) that has a claim on the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property ...
platforms, tools and services to maximise returns from
debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase. The ...
portfolios. TDX Group was founded in 2004 by Mark Onyett. TDX Group was acquired by
Equifax
Equifax Inc. is an American multinational consumer credit reporting agency headquartered in Atlanta, Georgia and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion (together known as the "Big Thr ...
in 2014.
TDX Creditor Solutions core technology platforms are used for the management and streamlining of debt collection, debt sale and insolvencies by creditors from the following industries: financial services,
telecommunications, media., utilities, public sector and healthcare. TDX Group also offers advisory services to creditors looking to review their existing debt management processes.
History
In 2008 TDX Group secured an investment from Investcorp Technology Partners, the technology private equity arm of alternative investment manager Investcorp.
In January 2014, Equifax acquired TDX Group from
Investcorp
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, ...
for $327 million.
TDX Group employs over 300 people globally with its head office based in Nottingham, UK, and international operations across Spain, South America, Australia and North America. The UK company is split into two main divisions, TDX Creditor Solutions and TDX Industry Solutions.
Awards and accreditation
* 2008: ranked 11th in The Sunday Times Fast Track 100 table of the UK’s top-performing private companies with the fastest-growing sales
* 2008, 2009, 2011 and 2012: named in the top fifty best places to work in the UK, in a survey conducted by the Great Place to Work® Institute
* 2009: awarded ‘Best Use of Technology – In-House Solutions’ at the Credit Today Awards for what has evolved to become PLATO
* 2011: shortlisted for Credit Today Consumer Credit Team of the Year and Advertisement of the Year
* 2011: shortlisted for Compliance Team of the Year at the Credit Today Debt Collections Awards
* 2011: winners of Innovation of the Year at the Credit Today Debt Collections Awards
* 2013: winners of Credit Marketing Campaign of the Year at the Credit Today Awards
* 2014: winners of Contribution to the Community Award at the Nottingham Post Business Awards
* 2014: shortlisted for Best Use of Technology – Supplier at the Credit Today Awards
* 2014: winners of Corporate Social Responsibility Initiative at the Credit Today Awards
References
{{Reflist
Debt collection
Technology companies of the United Kingdom