LAUNCHER.SOLUTIONS and HRI Analytics Announce Integration Partnership Helping Auto Lenders Make More Informed Lending Decisions
A new integration between LAUNCHER.SOLUTIONS and HRI Analytics allows lenders to improve their risk management processes.
JACKSONVILLE, Fla., June 9, 2020 /PRNewswire-PRWeb/ -- LAUNCHER.SOLUTIONS (Launcher), a technology provider specializing in loan originations, announced today a strategic integration partnership with HRI Analytics. This integration aims to help lenders make more intelligent lending decisions within Launcher's loan origination system with HRI Analytics' empirical data driven solutions.
Launcher's platform, appTRAKER Loan Origination System, was designed by experts in the subprime automotive lending industry, so credit risk management is a top priority. Nikh Nath, president of Launcher, said "We understand how important it is for lenders to have the ability to forecast loss and price their loan offerings in such a way as to drive portfolio yield. We chose to integrate with HRI Analytics to allow our lenders to assess risk in a more thorough manner." To quote Brian Hopper of HRI Analytics, "Integrating with appTRAKER LOS will benefit our mutual clients in multiple ways, from tracking portfolio performance with quantifiable results, to managing credit facilities and keeping scorecards current."
Launcher clients can now improve their risk management processes through this new integration. HRI Analytics utilizes emperical analyses of application data, standard and custom credit bureau attributes, and alternative data to develop custom lending scores. These scores are applied during the underwriting process to improve lenders' decisioning, especially in lower-tier and thin file credit situations. When combined with appTRAKER LOS's automation and auto-decision capabilities, clients can expect a streamlined and efficient loan originations process that is custom-built for them.
About LAUNCHER.SOLUTIONS: LAUNCHER.SOLUTIONS is a technology products and services company built on the foundation of care, understanding, innovation, and speed. It specializes in loan originations for subprime/nearprime automotive lending institutions, regional banks, financial institutions, and credit unions. Its product offerings include appTRAKER LOS for indirect automotive lending as well as consumer direct lending and leasing, myDEALER.CARE dealer relationship management system, and myACCOUNT.CARE customer self-service and communication solution. LAUNCHER.SOLUTIONS has service offerings aimed at helping its clients with projects related to data analytics, data integration, telephony and custom web development. Learn more at http://www.launcher.solutions or call 877.5LNCHER. Follow LAUNCHER.SOLUTIONS on LinkedIn at https://www.linkedin.com/company/launcher.solutions.
About HRI Analytics: HRI Analytics has vast experience in the consumer lending industry ranging from startups to multi-billion-dollar enterprises. Its custom, data driven lending and servicing solutions are tailored to fit any need and any budget. HRI Analytics quickly measures and adapts any lender's models to ever changing business needs with its rapid implementation and flexible deployment. Learn more about HRI Analytics at http://www.hrianalytics.net.
SOURCE LAUNCHER.SOLUTIONS
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