CARMEL, Ind.—Allied Solutions has acquired a 50% stake in DFA, a company with more than 20 years’ experience in modeling software for a broad range of forecasting and stress-testing applications.
According to Allied Solutions, the acquisition brings data access, insights, and recommended actions to financial institutions that are considering leveraging analytics and predictive modeling to support their business optimization and risk management strategies.
"We are really excited about this new acquisition," said David Hilger, Allied Solutions’ chief strategy and technology officer. “Now, more than ever, financial institutions need to quickly understand how changes in the economy or planning assumptions can impact their business. It’s vital to not look just backwards at reporting that tells you what happened, but to enable a proactive look forward at a range of options to make strategic decisions. DFA’s patented loan level models provide the foundation to understand portfolios and optimize pricing, risk mitigation and so much more. Integrating the DFA technology into Allied Solutions products and services will greatly enhance our value proposition.”
‘Expanded Ecosystem’
The company said Allied clients have the opportunity to connect with an expanded data ecosystem and receive recommended actions based on select criteria and individual business challenges.
It added that suggestions on product diversification, sales strategy, collections, acquisition analysis and operational optimization, down to very specific needs like CECL compliance, “make this a mission critical platform for enterprise analytics.”