Equifax Inc at Evercore ISI Payments & FinTech Innovators Forum Transcript

Mar 06, 2020

Mar 05, 2020 / 07:40PM GMT
David Mark Togut - Evercore ISI Institutional Equities, Research Division - Senior MD

Well, great. I'm delighted to welcome Equifax. Mark Begor, Chief Executive Officer; John Gamble, Chief Financial Officer. Thanks so much for being here today. We appreciate it.

Questions and Answers:

David Mark Togut - Evercore ISI Institutional Equities, Research Division - Senior MD

Just kicking off, on your fourth quarter earnings call, you discussed the detailed time line for Equifax 2020, where you're spending $1.25 billion to move legacy mainframe server technology to the public cloud, build APIs, close legacy data centers and a number of other modernization initiatives. If we fast forward to early 2021, how will Equifax's technology transformation and proprietary data sets differentiate you from the competition?

Mark W. Begor - Equifax Inc. - CEO & Director

Yes. As you know, that there was really 2 thrusts 2 years ago when we launched this technology transformation. One was to take security to industry leading

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