As a result of this agreement, mutual clients will enjoy seamless data integration enabling them to produce an almost limitless array of reports.
Integrated Lending Technologies, LLC (ILT) and Visible Equity, announced today that they have entered into an agreement which will enable Visible Equity to import ILT’s loan application data from its DILLS™ system directly into Visible Equity’s analytics software.
As a result of this agreement, mutual clients will enjoy seamless data integration enabling them to produce an almost limitless array of reports which will lend tremendous insight into their indirect lending applications.
“We are very excited about this new partnership with ILT. Our mutual clients will benefit greatly from data integration and gain valuable insight from these two systems working together. Through advanced analytics, trending, and �what if’ scenario functionality, financial institutions will now be able to identify how to improve loan quality while guarding against unwanted risk,” said Dave Gilbert, COO for Visible Equity.
“Our lender clients have always been very focused on the ability to measure and analyze the data relating to their indirect programs, but increased competition, more government regulations and closer scrutiny, particularly by the CFPB, have all lead to a significantly higher level of interest. We’ve done a considerable amount of research into what we could do to meet our clients’ needs, and we’re really pleased to have partnered with Visible Equity. The DILLS™/Visible Equity integration will be a terrific benefit to our current and future clients”, said Will McGregor, President and CEO at ILT.