Equifax Inc (FRA:EFX)
€ 250 6 (2.46%) Market Cap: 31.11 Bil Enterprise Value: 35.75 Bil PE Ratio: 60.21 PB Ratio: 6.84 GF Score: 90/100

Equifax Inc at Evercore ISI Payments & FinTech Innovators Forum Transcript

Mar 05, 2020 / 07:40PM GMT
Release Date Price: €40.41
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 & 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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