Dividend Finance Partners with Digital Matrix Systems to Support the Ability to Host Best-in-Class Algorithms for Credit Decisioning

14 Mar by Vitaliy Dadalyan

Dividend Finance Partners with Digital Matrix Systems to Support the Ability to Host Best-in-Class Algorithms for Credit Decisioning

SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance, LLC (“Dividend” or the “Company”) has partnered with Digital Matrix Systems, Inc. (“DMS”) to turbo-charge its capabilities in deploying customizable advanced credit algorithms leveraging DMS’s connectivity and data solutions.

“Partnering with DMS dramatically enhances Dividend’s ability to connect to multiple data sources through a single pipe and access hundreds of standardized credit attributes that can be deployed in its advanced credit algorithms. This enhanced set of capabilities helps accelerate the Company’s quest to becoming the preeminent financing platform that connects home owners, home improvement contractors and financial institutions seamlessly,” said Vinay Gupta, Dividend’s President.

“We are excited to support Dividend’s goal of becoming the preeminent technology platform for renewable energy and home improvement financing by acting as their primary connectivity engine to the bureaus, as well as other data sources,” said Mark Dreux, Vice President of Business Development at DMS.

Data Access PointTM, from DMS, is a cutting-edge connectivity hub that links clients to key data sources with a single inquiry and delivers data within a standard XML format. This solution provides centralized access to data sources that are needed throughout the customer lifecycle, with the ability to quickly and cost-effectively add additional data sources as business needs dictate. Hence, enhancing Dividend’s ability to become the platform of choice for depository institutions with policies customized to the specific requirements of that institution.

DMS Summary AttributesTM, from DMS, consolidates credit information for easier analysis by application and decisioning platforms, turning redundant data into valuable information. DMS provides consistency of attributes over multiple bureaus and bureau versions, including online and archive delivery, without compromising processing speed.

About Dividend Finance

Dividend is a leading national provider of renewable energy and home improvement financing solutions for property owners through a suite of residential solar, home improvement and Commercial PACE financing products. The Company pioneered the residential solar financing landscape in 2014 with the launch of its EmpowerLoan product for financing residential solar installations and continues to expand its product offerings into the home energy market. In addition to its industry-leading suite of financial products, Dividend has developed a comprehensive technology platform for installation partners and homeowners to streamline the financing process and manage financed project fulfillment. Learn more by visiting www.dividendfinance.com.

About Digital Matrix Systems, Inc.

Founded in 1982, DMS is an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions. Through an integrated product suite, DMS delivers secure access to consumer and commercial credit bureaus, as well as specialty data providers. As a reliable partner, DMS helps leading companies predict and manage risk in a variety of industries, including financial services, insurance, and brokerage services. The company provides data warehousing, advanced analytics, scoring models, and comprehensive consulting services, delivering strategic solutions tailored to each client’s business goals. For more information, visit dms.net.

Contacts

Ryan Ahearn
Dividend Finance
[email protected]
(858) 771 – 0896

This article published with permission from Business Wire

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