How To Select The Right Technology Partner

How To Select The Right Technology Partner

Written by Sukumar Narayanan, President, DecisivEdge™ Whether you are looking to re-evaluate your technology strategy to better align it with the direction of your business or to implement a point solution that addresses a particular business issue; who you engage to guide you through the initiative is critical to its overall success. Remember, it’s not… Read more »

Software Test Automation: Has It Lived Up to Your Expectations?

Software Test Automation: Has It Lived Up to Your Expectations?

Written by Jim Chickadel, QA Practice Director, DecisivEdge™ The origin of Software Test Automation harkens back more than 30 years ago to what was claimed as the first commercially available automation testing tool – AutoTester, which was introduced in 1985. One would think that a technology based solution in existence for such a long period of time would have… Read more »

Summary: Is your Auto Lending Platform Positioned for Increasing Loan Delinquencies and Charge Offs?

Summary: Is your Auto Lending Platform Positioned for Increasing Loan Delinquencies and Charge Offs?

Written by Andrew MacDowell, Director, DecisivEdge™ Difficult times on the horizon….. Auto lenders are experiencing increased risks as delinquencies grow and net losses appear non-seasonal in nature. The root cause is attributed to heavy competition among lenders for market share during previous years which weakened underwriting standards.  Some lenders have substantially layered portfolio risks by… Read more »

Part Three: Is Your Lending Platform Positioned for Increasing Auto Loan Delinquencies and Charge Offs?

Part Three: Is Your Lending Platform Positioned for Increasing Auto Loan Delinquencies and Charge Offs?

Written by Andrew MacDowell, Director, DecisivEdge™ Collection Platform “Must Haves” Last week we covered how the value of a credit reporting system supporting a lending platform depends on the comprehensive nature and freshness of the credit information collected and shared, especially the interactive structure of the reporting system itself. Today we are going to cover… Read more »

Powersports Finance – Three Key Approaches to Reducing Risk

Powersports Finance – Three Key Approaches to Reducing Risk

Written by Andrew MacDowell, Director, DecisivEdge Powersports financing is historically more challenging than traditional vehicle loans.  One of the reasons why financing is more difficult to obtain is the challenge in repossessing watercraft, ATV’s, snowmobiles, and motorcycles.  As a result, powersports financing requires tighter credit criteria and more conservative debt-to-income ratios than traditional vehicle requirements.… Read more »

The “Unintended Consequences” of Poor Data Quality

The “Unintended Consequences” of Poor Data Quality

Written by Mike Frayer, Managing Director, Technology & Analytics “Bad data like poor targeting leads to missing the target” Regardless of the type of business niche, it appears that the application of Big Data is consistently discussed by most if not all medium to large size companies.  There is a continual effort to design and… Read more »

Part Two: Is Your Lending Platform Positioned for Increasing Auto Loan Delinquencies and Charge Offs?

Part Two: Is Your Lending Platform Positioned for Increasing Auto Loan Delinquencies and Charge Offs?

Written by Andrew MacDowell, Director, DecisivEdge™   Last week I shared some thoughts regarding the unprecedented rise in auto loan delinquencies and growing risks impacting many financial organizations. We covered the weighty consequences of competing for market share coupled with less stringent underwriting standards.  These factors significantly increase credit and in some cases compliance risk… Read more »

Part One: Is Your Lending Platform Positioned for Increasing  Auto Loan Delinquencies and Charge Offs?

Part One: Is Your Lending Platform Positioned for Increasing Auto Loan Delinquencies and Charge Offs?

Written by Andrew MacDowell, Director, DecisivEdge™ Auto lending has experienced unprecedented risk impacting many financial organizations. During the recent two quarters, auto loan delinquencies have shown signs of significant increases and growing net losses appear non-seasonal in nature. Heavy competition among lenders for market share and less stringent underwriting standards for auto loans have contributed… Read more »

“Shift Left” testing is a worthwhile endeavor…no matter the reason!

“Shift Left” testing is a worthwhile endeavor…no matter the reason!

Written by Jim Chickadel, SVP & QA Practice Lead Recently I came across the Capers Jones article, “A Short History of the Cost Per Defect Metric”, which I hadn’t read in several years.  His article focuses primarily on the “Myth Busting” of a long accepted metric and tenet in the software development industry.  The myth… Read more »

Six Auto Loan Origination Software (LOS) “Must Haves”

Six Auto Loan Origination Software (LOS) “Must Haves”

Written by Andrew MacDowell, Director, DecisivEdge™ In this first of a series of monthly blog posts, I wanted share some thoughts regarding Loan Origination Software or LOS. When meeting with auto industry lenders and lessors, valuable information is shared concerning the dynamic nature of the auto business and subsequent need to continuously improve auto loan… Read more »