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Monetrics
and Fiserv Lending Solutions Launch Auto Loan Origination System DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--April 8, 2005--Monetrics, Inc., The LeMans Loan Origination System powered by Monetrics is the initial offering stemming from a recent strategic alliance between LeMans and World Omni Financial Corp., Monetrics' parent company. The integration of Monetrics' suite of relational decisioning and compliance tools with LeMans' industry-leading LOS has resulted in the most robust loan origination system available in the automotive finance industry. The Monetrics Decision Engine (MDE) automates loan and lease decisioning for all credit risk tiers. Clients can look forward to a dramatic increase in automated decisioning through the use of the LeMans Loan Origination System powered by Monetrics, with significant gains in overall operating efficiencies. "We are very excited about this new product offering which is unparalleled in the industry," said World Omni Financial Corp. President Brent Burns. "Together with LeMans, we share a common goal - to offer our customers the best products and services in the industry. LeMans President and CEO Kevin Collins said, "We are very excited about our strategic alliance with World Omni and Monetrics and look forward to tailoring the best possible loan origination system solution to fulfill all of our clients' needs”. About Monetrics About World Omni Financial Corp. About Fiserv Inc. |