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Monetrics, Inc. Continues Roll-out of New “Plug & Play” Modules

February 21, 2003

Monetrics, Inc., a growing decision technology company, announced the launch of its Portfolio Evaluation Module™ (PEM). This new product is the second release in a series of modules designed for easy integration with clients’ existing systems. These modules have been historically bundled by Monetrics to provide complete risk solutions. The Portfolio Evaluation Module is available as either a Monetrics-hosted service or as a fully licensed, client-hosted module.

About The Portfolio Evaluation Module
Monetrics’ PEM module identifies unknown pockets of risk in any portfolio for periodic review or as a one-time overview. A useful tool whether a client is buying, selling or holding loans, the Portfolio Evaluation Module combines current bureau credit information with up to date collateral valuations to determine where hidden risk lies. Automated data from the major credit bureaus is maintained, incorporating bankruptcy collections, public records, auto loans, revolving credit and installment information.

“We are pleased to offer the marketplace yet another high impact, low cost solution” said David Larson, president and CEO of Monetrics. “The ease of integration of our Portfolio Evaluation Module with a lender’s system enables us to deliver immediate functionality and benefit to our clients.”

According to the company, utilizing Monetrics’ trademark relational technology, the PEM is able to weigh multiple elements resulting in a more informed analysis. Additionally, specific lender evaluation rules are integrated with the PEM so that each risk analysis may be tailored to the user’s specific needs. This fully automated process can segment and isolate high-risk and low-risk pockets by region, loan-to-value and recent credit performance.

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