By- Nikhar Aggarwal
Nimilita Chatterjee, SVP- Data and Analytics, Equifax says
that being focussed on business outcomes rather than where and when
the work is being done is something women are encouraged to do in Equifax
In an interview with ETCIO.in, Nimilita Chatterjee, SVP- Data
and Analytics, Equifax shares her views on how IT industry is adapting
leadershipand mentoring their skills for business growth.
How are you driving digital transformation across your
organisation? What are the technologies that you are levering for
As a data, insights, and analytics company powered by a credit
file, unique and differentiated data sets, Equifax has the breadth and
depth to help in actionable business decisions.
Work Number tool, powered by Equifax, is one of the largest
centralized repositories of payroll data. The database helps auto
dealers, lenders and mortgage loan originators to automate their processes.
Equifax use refined analytics techniques like fine
segmentation, statistical and data mining tools to create segmented
models on universal platforms. Deployment of such tools are accessed
via APIs to ensure a secure and optimized integration of our solutions.
What are the challenges you faced in automating IT in your organization?
In the credit bureau and analytics area, the IT within the
organization needs to change to adapt to mutating client demands.
Hastening the analytics to making it production ready and easily
deployable is one of the key challenges.
Complex algorithms, new techniques are rapidly evolving in
analytics but deploying them in the real world has been a challenge.
This has also caused delay in timelines and also reduced speed to
market in the past.
We have taken it as a challenge within the organization to take
analytics to production in 30 days. We are powering these initiatives
internally as well and using various tools to ensure that the
analytics models get deployed in the best manner into a production
environment with minimum loss of translation and time. These are also
required to be nimble enough to change so that evolving business
changes are deployed into the real world in the most efficient manner.
What is your perspective and initiatives to mitigate the
gender gap in IT personnel?
Equifax values diversity in general gender, ethnicity, thoughts
and experiences. We have multiple initiatives companywide to work with
women to develop as leaders. The analytics area is conducive to women
employees as well given the working conditions and the ability to work
flexible hours and times. Being focussed on outcomes rather than where
and when the work is being done is something we are all being
encouraged to do in the company.
How according to you the women in IT are redefining the
Women leaders tend to be more collaborative, wanting to
incorporate feedback from many different people and at different
levels within the organization. This creates an inclusive culture
where employees feel valued for their contributions.
Do you observe any gender based salary disparities in your
No, we have not observed any gender based salary disparities in
our vertical within our organisation. Employees are compensated basis
their skill sets and experience they bring to the table and no other
factor influences their salary.
How you are mentoring other women in your team or in the
industry to take on leadership roles?
Enabling women to advance in the workplace isn’t just about
equality. It also means better business. For me, mentoring is an ideal
strategy that leads to better collaboration, innovation and greater
social perceptiveness. I personally believe in taking strong measures
to elevate women in the organization and initiate successful mentoring
programs to make them feel more connected and engaged with their place
of employment. For continued growth and maintaining a competitive
advantage, Equifax believes not only engaging more women in the labor
force, but also equipping women to excel in leadership roles.