GDC WORLDVIEW PRODUCES 48 PERCENT LIFT OVER
INDUSTRY-LEADING GLOBAL ADDRESS VERIFICATION SYSTEM
GDC Worldview Closes the Global Address Verification Gap for Fortune 500 Company
Quick View
A Fortune 500 financial institution could not verify 60 percent of its international addresses through its existing global address verification system. Rather than writing off these hundreds of thousands of addresses, they decided to see how the GDC Worldview platform could help.
In a 360,000 record proof of concept that spanned 36 countries, GDC Worldview was able to produce 48 percent lift, verifying addresses the company had previously considered too hard to work with.
Read below to find out more about this client’s test and how the local intelligence of GDC’s Worldview platform can help with your global address verification needs.
Objective
Scope
36 Countries
How
The GDC Worldview platform for global address verification, including local intelligence for 40+ countries.
Result
Key Takeaways
GDC Worldview integrates with your existing AVS so you get the benefit of our more reliable results without needing to replace your legacy system.
GDC Worldview is the premier on-demand solution for global address verification problems and is built to scale with the size of your problem by offering a pay-per-use model.
The Client's Gap Problem
They know they need to verify more of these global addresses and their existing AVS is only slowly evolving the ability to meet their global needs. They have a gap between their current success rate and their business need, and they need someone to help them cover it.
Their challenge to us…demonstrate that GDC can help close this gap.
Proof of Concept and Results – Closing Half of the Gap
To conduct the proof of concept, the client submitted their hardest case addresses to process through GDC Worldview. The test represented over 360,000 addresses from 36 countries, none of which could be verified
GDC Worldview uses encrypted cloud-based services to route each address to the designated best address service for its respective country and receives the results with sub-second response time. Each address is scored, corrected or enhanced as needed and returned to the client in the format requested.
In this proof of concept,
- Austria 81%
- Germany 84%
- India 78%
- Japan 63%
- Russia 57%
Why Use GDC Worldview to Close the Gap?
There are three main reasons to use GDC Worldview to help close the gap between your current results and the highest level of success.
GDC SUPPLIES LOCAL INTELLIGENCE FOR MORE RELIABLE RESULTS.
GDC CAN ENHANCE EXISTING AVS SYSTEMS RATHER THAN REPLACING THEM.
GDC Worldview is built to integrate with clients’ existing AVS systems. Addresses that cannot be verified through the existing AVS can be automatically routed to
GDC SCALES WITH YOUR NEEDS.
As the premier global on-demand address verification company, GDC provides a range of flexible options for using and paying for Worldview that does not always involve steep, up-front fees for licensing and implementation. Some plans allow our clients to pay only for the added value that GDC provides, and only when the client needs it. Clients find our pay-as-you-go model scales with their business, as they add new countries, as they use GDC for additional problems, and as their success criteria change.GDC Worldview is built to integrate with clients’ existing AVS systems. Addresses that cannot be verified through the existing AVS can be automatically routed to