Xdsdata Information

In November 2003 XDSData was registered following intensive feasibility studies and market analyses to enable us understand the challenges faced by various data providers. In May 2004 the Ghana Association of Bankers appointed XDSDATA to help develop a functioning credit referencing system for the banking community. In accordance with the Association's directive we have provided a standard data format and embarked on data collection activities from banking and Non Banking financial Institutions, utility and retail companies and made helpful suggestions as well as offered practical assistance to many banks on the importance of quality data for efficient referencing system. The result has been the development and implementation of world class software for unique search and matching algorithms to retrieve the best possible match with minimum input data supplied by the users and capable of meeting the local challenge of identifying prospective clients in spite of the poor address system and lack of unique personal identification data. In 2005 and 2006 XDSData made modest contributions towards the drafting of a legislative framework for the credit reporting Bill and helped defend the credit reporting Bill that was passed into law that same year.