Metrics Monthly | September 2019 | UK Edition

Case study Specialist Motor Finance chooses ADP by LendingMetrics

handling decision requests from multi- ple distribution sources at a high veloc- ity and the decision logic needed to be fully under the control of the Specialist Motor Finance credit risk team via a comprehensive user interface. The Challenge The LendingMetrics “LM” team have worked alongside the SMF manage- ment team for the past 6 months to establish the detailed requirements and to explore how LM could accommo- date SMF through its ADP platform and associated integrated partners. During this process LM was able to thorough- ly address the client’s requirement detailed above by showcasing; • Its contractually guaranteed execu- tion time in milliseconds

• The unrivalled comprehensive user interface, giving SMF full editing control over the entire decision engine logic and waterfall • Industry-wide integrations with all major credit reference agencies and anti-fraud services • The speed in which ADP executes and the SLAs in place • Full integration of the award-winning Open Banking solution OBV, which delivers granular and categorised applicant banking data electronically in real-time (This last point means that lenders can run a whole raft of new applicant checks by using bank statement data to verify actual income, outgoings, credit commitments and bank account performance.)

Specialist Motor Finance “SMF” (a sub- sidiary of IM Group) launched Inisium to lend through dealer groups, inde- pendent dealers and brokers and to offer an alternative car hire purchase product throughout the UK. Critical to the project’s success was the selection of a market leading auto credit decision platform that would deliver extremely quick execution times, combined with robust credit, affordabil- ity and compliance checks to ensure high quality credit decisions and robust regulatory standards. The solution should also be capable of

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September 2019 | UK Edition

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