The Industry's Leading Source For F&I, Sales And Technology

Top News

Monetrics, Fiserv Launch Loan Origination System

April 10, 2005

DEERFIELD BEACH, Fla. -- Monetrics, Inc., a provider of risk decisioning software and solutions, and LeMans, a provider of information management systems and services, announce the launch of a loan origination system (LOS) for the automotive finance market.

The "LeMans Loan Origination System powered by Monetrics" is the initial offering stemming from a recent strategic alliance between LeMans, a unit of Fiserv Lending Solutions, and World Omni Financial Corp., Monetrics' parent company.

The integration of Monetrics' suite of relational decisioning and compliance tools with LeMans' LOS has resulted in a robust loan origination system available to the automotive finance industry. The Monetrics Decision Engine (MDE) automates every aspect of loan and lease decisioning for all credit risk tiers.

With the system's proven integration to today's sophisticated dealer e-portals and e-contracting systems, the auto lender is assured a quick turnaround on an e-contract while securely managing the legally binding authoritative copy.

The LeMans Loan Origination System powered by Monetrics offers a competitive advantage and "customer experience" benefits in three key areas: competitive products that are more profitable, a competitive process and system that arms lenders with the right tools throughout the life of the loan and competitive delivery offering the highest in customer satisfaction.

Your Comment

Please note that comments may be moderated. 
Leave this field empty:
Your Name:  
Your Email:  



Life of the South Acquires Insurance Company of the South

JACKSONVILLE, Fla. –- Life of the South announced that it has completed the acquisition of Insurance Company of the South, a Georgia-domiciled property and casualty insurance carrier.