Lending Science DM Inc.
has announced the acquisition of Scoring Solutions Inc.
Scoring Solutions will run as a division of Lending Science DM and retain its offices in Atlanta. Principals Elina Rodriguez and Steve Darsie will continue as leaders of the Scoring Solutions division.
Founded in 1993, Scoring Solutions provides analytics, scoring, and risk management solutions to auto lenders, banks, consumer lenders and business lenders. Score360 is a scoring and attribute engine for rapid implementation and deployment of scorecards, strategies and credit bureau attributes. Score360 gives businesses real-time decisioning capabilities.
These services are complementary to Lending Science offering of turnkey marketing and risk services, database marketing, and analytics to the mortgage lending, consumer lending, and business lending industries.
"We are thrilled to have Scoring Solutions as part of our growing team,” said Lending Science DM CEO Tim Olzer. “Effective risk management, marketing, and analytics are the catalysts that drive profitability and growth for our customers. Scoring Solutions brings 24 years of experience, a great track record of success, and will allow us to enhance our services to customers. Our customers will be able to implement models faster than ever before and be able to access Scoring Solutions' extensive library of custom credit bureau attributes, thus, improving marketing performance and ROMI."
"When we looked at growing the company in the future, we wanted to make sure our customers would continue to receive the core values that we find most important—expert consulting guidance, personalized service, strong, responsive support, and high quality results,” said Rodriguez, principal of Scoring Solutions. “We found a perfect fit with Lending Science DM and know our customers will continue to receive the same level of service and support. We are excited to bring Lending Science DM products and services to our customers and to offer our best of breed risk analytics to Lending Science DM customers."