COLLABORATIVE CLIENT PARTNERSHIPS YIELD MEASURABLE RESULTS
A successful data strategy isn’t about gaining access to the most data sources possible. It involves first identifying the best data sources available to meet specific business needs. Then going a step further to implement an approach that is both cost-effective and risk-adverse. It is as simple as getting the right data at the right time, to empower the best decisions possible. In addition to traditional data sources such as credit bureaus, we provide access to a broad spectrum of alternative data sources. These data sources include:
- Public records
- Vehicle history
- Fraud detection
- A variety of other data providers.
After a thorough evaluation, DMS makes recommendations that often result in a significant reduction to our clients’ credit data gathering expenses. Traditional bureau waterfall logic, data source logic and triggering are all available as part of the decision making process. DMS deploys triggers, geographic, and credit policy logic to meet our clients’ needs.
DMS provides clients with access to over 20 key data sources. Additional sources don’t complicate requests — the DMS Common Inquiry feature of Data Access Point® actually simplifies them. Users can make data inquiries to multiple data sources simultaneously using one format. This eliminates redundant data and makes risk management even easier.
DMS standardizes and normalizes data from multiple sources to reduce extract-transform-load (ETL) efforts and simplify coding. With the addition of a centralized data repository, companies can perform advanced analytics. The analytics can then be shared across the enterprise at any point in the customer lifecycle.
It is about getting clients the right data at the right time, to empower the best decisions possible.