December 23, 2005 - Toronto, Ontario, Canada - Decisioning Solutions, a leading provider of decision technology, is excited to announce a new five-year agreement with Travelers Acceptance Corporation a member of the Travelers Financial Group (Travelers) to completely automate application processing, decisioning, lender analysis/reporting and interfaces for financing initiatives. Travelers will use a combination of Decisioning Solutions' products and services packaged specifically for the financing industry. These products and services will fulfill Travelers' requirement to automate the application process while maintaining complete control over acquisition rules and policies.
"Travelers needed a robust decisioning engine that can quickly be configured to enhance rules and policies to meet diverse market demands," said Roberto Genovesi, Director of Operations - Contracts & Funding Travelers Acceptance Corporation. "It became clear to us that Decisioning Solutions offered more than other competitors. They have an excellent track record in predictive modeling, risk and asset based pricing, as well as the ability to combine existing account information into the decisioning process. Decisioning Solutions has a proven reputation for quick implementations and well-structured processes, allowing Travelers to optimize its business rules and policies, ultimately providing a unique competitive advantage."
"We are very pleased with Travelers' choice. Travelers is one of the Nation's largest independent financing companies. This further validates that Decisioning Solutions is a leading provider of automated decisioning within the financing industry" said Jose Cerqueira, Senior Director, Operations, Decisioning Solutions. "Travelers' complex decision criteria, combined with Decisioning Solutions' flexible configuration, will provide Travelers with significant immediate and long term financial benefits."
About Travelers Financial Group
Travelers Financial Group is a leader in the provision of financial solutions and services to organizations, dealers, consumers, vendors and financial intermediaries in Canada. Travelers focuses on providing financial choice and the generation of value through the application of experience, service and innovation.
Travelers Acceptance Corporation, a unit of Travelers Financial Group, provides solutions and services specifically tailored to vendors of consumer products and services - including education, automotive aftermarket and repair, timeshare, renovation and real estate acquisition loans, elective dental and cosmetic surgery procedures, memberships and power products. For more information about Travelers Financial Group visit www.travelersfinancial.com
About Decisioning Solutions Inc.
Decisioning Solutions Inc., with its head office in Toronto, Ontario, Canada, provides organizations with industry-leading state-of-the-art customer decisioning and ancillary solutions for use throughout the customer lifecycle. The solutions are 100% customer administered and configured without IT or vendor involvement and deliver unparalleled flexibility and robust capabilities with extreme ease of implementation and configuration.
Decisioning Solutions offers application processing systems, decision retrieval tools, data mining/reporting tools, and predictive modeling solutions to empower the decision-making process from pre-acquisition to retention. Decisioning Solutions also provides customers with an array of sophisticated decisioning features such as unlimited champion/challenger, tri-score matrixing, derived variables and predictive model hosting.
Decisioning Solutions is changing the way
companies make customer decisions by turning
data into knowledge, knowledge into action,
action into profit. Visit www.decisioningsolutions.com,
or email info@decisioningsolutions.com
