ADDISON, Texas–Integrated Lending Technologies (ILT) and Digital Matrix Systems (DMS) reported they have partnered to enhance the product offerings for ILT’s suite of loan origination software. ILT provides a web-based loan origination system marketed as the Allegro Lending Suite. 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,” the companies said. “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 more than 2,500 standardized and normalized attributes across the three U.S. and two Canadian bureaus, plus more than 30 additional data sources as a result of their connectivity to DMS, the organizations added.
ILT and DMS reported they came together more than a year ago and formalized the relationship in early 2018.
‘A Good Fit’
“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,” the companies said.
DMS said it 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.
“We’re happy to work with the DMS team in support of our customers,” said Will McGregor, president and CEO of Integrated Lending Technologies. “Our clients will immediately benefit from the expanded set of data sources, a set that will continue to grow and provide value moving forward.”
Added Mark Dreux, VP-business development with DMS, “We are pleased to partner with ILT and look forward to being a part of their continued growth. 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.”
For info: www.allegroloan.comand www.dms.net.