Experian has acquired N4 Solutions, a provider of software for the mortgage and financial planning sectors.

N4 Solutions will be integrated with Experian's existing mortgage group to create a new division within its Consumer Business. The combined unit will leverage N4's vertical market knowledge with Experian's knowledge and products in application processing, decision analytics, lead generation and property valuation models. In addition, the N4 platform provides Experian to develop further its insurance and wealth management capabilities.

Steven Jones, CEO of N4 Solutions, who will lead the new division, said, "Many of our clients already benefit from Experian's consumer information and credit related products and services so the combination of Experian and N4 Solutions creates a complete and unique mortgage origination proposition as well as the capability to continue to create broader innovative solutions for the financial services industry.