Deerfield Beach, Fla. – After one of the best years in its history, World Omni Financial Corp. (World Omni) has further positioned itself for continued growth in 2007.
Backed by a cluster of industry-leading, third-party servicing companies including DataScan Field Services (DFS), CenterOne Financial Services (CenterOne), DataScan Technologies (DataScan) and Monetrics, World Omni has made strategic moves to enhance its market leadership position through improved technology and by leveraging its 25 years of experience and scale to produce exceptional results for its clients.
“Each of our third-party businesses are considered to be “best-in-class” in their respective areas,” said Frank Armstrong, senior vice president, World Omni and president and CEO of DataScan. “Combined, through our solid infrastructure of talented associates, processes and investments in technology, we are able to offer our clients economies of scale unmatched in the industry.”
World Omni’s third-party servicing businesses provide a broad range of financial products and services for consumers, dealers and lenders:
-DataScan Field Services is the largest floorplan audit and vehicle inspection company in the industry and operates a network of over 500 field specialists, visiting over 10,000 dealers and thousands of consumers, monthly. DFS conducts about 10,500 audits per month. The majority of those are new and used automobile dealers. DFS visits 25 percent of all new car stores in the U.S. on a monthly basis.
-CenterOne Financial Services provides servicing solutions including originations, loan and lease servicing, collections, pro-active remarketing, vehicle remarketing, and back-up servicing. In addition, the company now provides clients with sales, collections, leadership, customer service and compliance and regulations training designed to increase sales potential while building strong, reliable sales strategies and skills that promote growth and additional profits.
-DataScan Technologies specializes in wholesale finance accounting and risk management systems and services with a focus in floorplan solutions. The first to market dealership Internet solutions for wholesale financial institutions, DataScan enables closer electronic communications between the lender and the dealer.
-Monetrics specializes in automated risk decisioning and analytics and combines years of auto finance experience with clients’ best practices, providing them with the tools to deliver higher levels of risk-based decisions without sacrificing accuracy.