Dividend Finance Inc (“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 Point™, 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 Attributes™, 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.Read on BusinessWire
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.