Credit reporting e intermediazione creditizia: scelte di “make or buy” tra relationship e transaction banking.

This paper adopts a business management perspective of studies to examine the role of the credit information market in the bank lending industry. This paper analyzes the credit information market as a particular case of vertical disintegration in the bank credit origination value chain. The main aim is to identify the relevant drivers which lead to vertical disintegration of the credit origination value chain in banking. The structure of this paper is as follows. Section 1 introduces the paper. Section 2 reviews the literature on economics of information in the credit market. Section 3 reviews the literature on the role of the credit information market. Section 4 examines the different types of information providers. Section 5 analyses the different structures of credit reporting. Section 6 analyzes the bank decisions to make or buy credit reporting in the lending activity. Section 7 examines the credit reporting market within a relationship and transaction banking perspective. Section 8 concludes.