Digital Matrix Systems To Enhance The ALLEGRO™ Lending Suite LOS Platform
December 27, 2018 Integrated Lending Technologies (ILT) and Digital Matrix Systems (DMS) have partnered to enhance the product offerings for ILT’s suite of loan origination software. ILT provides a web-based loan origination system for banks, credit unions, and other financial services companies marketed as the Allegro™ Lending Suite. Based in Addison, TX, DMS provides data connectivity, analytics, and storage solutions. The partnership enables ILT to utilize the DMS connectivity platform to obtain consumer and non-consumer data required by ILT’s lender customers using the Allegro™ Lending Suite platform. This connectivity will enhance ILT’s ability to provide their customers with DMS’ proprietary, easy-to-read format for consumer credit reports. Allegro™ will also have access to DMS Summary Attributes™, a set of over 2,500 standardized and normalized attributes across the three US and two Canadian bureaus, plus over 30 additional data sources as a result of their connectivity to DMS.
ILT and DMS came together over a year ago and formalized the relationship in early 2018. ILT’s commitment to the direction of their platform architecture and ensuring ease of use for clients made DMS a good fit for their future vision. DMS will be partnering with ILT to integrate new additional and value-add data sources for ILT’s clients to support their future architecture and business goals.
Will McGregor, President and CEO of Integrated Lending Technologies said “We’re happy to work with the DMS team in support of our customers. Our clients will immediately benefit from the expanded set of data sources, a set that will continue to grow and provide value moving forward.”
“We are pleased to partner with ILT and look forward to being a part of their continued growth,” said Mark Dreux, vice president of business development for DMS. “By leveraging our Data Access Point™ solution, ILT will be able to easily establish and maintain connectivity to essential data sources, and gain flexibility as they look to the future.”
ABOUT INTEGRATED LENDING TECHNOLOGIES, LLC
Integrated Lending Technologies (ILT) has been providing innovative technology solutions for the lending industry since 2001 when it released the first version of DILLS™. ILT’s latest release is the Allegro™ Lending Suite, a cloud-based loan origination system comprised of three modules, one for indirect (Dealer), another for direct (Branch) and a third for lifestyle lending (Provider). This new ILT system includes an extraordinarily versatile automated decisioning system, regulatory compliance tools, limitless reporting capability and integration with any core management system. And, like its predecessors, Allegro™ includes options to make it the ultimate management tool for CUSOs and other lending managers.
To learn more about Integrated Lending Technologies, visit www.allegroloan.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 www.dms.net.