CIBI Information, Inc., the country’s first and only local credit bureau, has partnered with the Securities and Exchange Commission (SEC) to improve transparency in the financial ecosystem through enhanced data sharing. This collaboration grants CIBI access to reliable regulatory data to strengthen its services for businesses and individuals.
The partnership addresses a key challenge: limited direct access to comprehensive regulatory data. This gap makes it difficult to conduct thorough due diligence, verify company legitimacy, assess risks, and make informed decisions. With access to the SEC’s eSEARCH platform, CIBI can integrate critical regulatory data into its services, offering more efficient and reliable solutions.
At the signing event, CIBI President and CEO Pia Arellano said, “This collaboration between the Securities and Exchange Commission and CIBI Information, Inc. is a powerful step toward bridging the information gap and strengthening the financial ecosystem in our country. With this partnership, we are opening new doors to opportunities for businesses, particularly SMEs, helping them evaluate partners, assess risks, and build trust in their transactions.”
For CIBI’s clients, direct access to SEC-verified data enhances the quality, accuracy, and reliability of their existing data systems. With a more comprehensive and credible information base, businesses can make faster, better-informed decisions. Individual clients also benefit from increased trust, knowing they are relying on verified, credible data.
“It has been one of our foremost goals to keep the agency abreast with evolving technology to make sure that our stakeholders get the services they need in the best way possible…We hope that this MOA will help both the SEC and CIBI in accelerating our shared commitment to improving the business environment in our country,” Chairperson Aquino said in a speech during the event.
The partnership benefits more than just CIBI and its clients—it also supports the regulatory framework by promoting transparency, data integrity, and efficient information sharing. Improved access to accurate data enables financial institutions to extend credit with greater confidence, helping drive financial inclusion and nationwide economic resilience.
