The new $55bn servicing business will offer a range of credit services and scale technologies across commercial, SME, and residential and consumer loan markets throughout the regions.

The move will also lead to an expansion into personal loans.

“The rapid growth and economic dynamics across many Asian and emerging markets mean that growing numbers of middle-class consumers remain substantially underserved by financial institutions,” says Pepper Advantage CEO, Fraser Gemmell.

“This is creating opportunities for a new generation of challenger banks and fintech providers to develop products and services using our insights and experience,” he adds.

The firm has also invested in cloud-based technology to scale asset manager client access to credit insight and analysis in real-time.

“In more developed markets, the growth of non-traditional lenders is driving a need for deeper credit insights to support product innovation, customer acquisition strategies, and more advanced risk management capabilities,” adds Gemmell.

“Our innovative, entrepreneurial, and client-driven culture makes us the ideal global partner.”