LendingMetrics, the leading provider of automated decisioning technology, is delighted to share the following press release from BrightOffice Limited, the Cloud CRM provider who specialise in loan management solutions.

BrightOffice Limited are delighted to announce their integration with the award-winning Auto Decision Platform (ADP) by LendingMetrics.

BrightOffice has specialised in the Alternative Business Lending space over the last three years and has gradually gained traction in the wider Consumer Lending market. However, the company is constantly looking at ways to enhance the solution for the benefit of its customers and identified industry leading auto credit decisioning functionality as a strategically important requirement.

ADP, which is available as a module directly via LendingMetrics, offers a highly secure and scalable decisioning solution integrated to all of the major credit reference agencies as well as Open Banking. Lenders can action real time credit risk changes via the ADP user interface and utilise the platform’s affordability, AML, proprietary scoring and risk-based pricing features.

The integration partnership means that lenders can leverage a tried and tested technical solution that also dramatically reduces the implementation lead times.

Commenting on the news, Michael Fairhurst from BrightOffice said:

“We've been looking to partner with a market leading automated underwriting product for over a year, and LendingMetrics’ solution is a perfect fit for us.  It complements other API integrations we have - such as with UK Land Registry - for our clients’ diligence processes.”

David Wylie from LendingMetrics added:

“We are delighted to have completed this integration with BrightOffice and look forward to helping more of their clients to surge ahead of the competition with a market leading auto decisioning strategy”.

LendingMetrics anticipates other platform providers will follow suit and adopt ADP as a way of significantly enhancing their loan management solutions by delivering fully comprehensive and sophisticated decisioning functionality to their customers via a unique customer user interface.

LendingMetrics have, over the last 18 months, won 5 awards for ADP and their Open Banking solution OBV. This unique combination allows lenders to orchestrate and leverage the data available from all of the major credit reference agencies, to manage their decisioning and collections strategy. It also fully supports Open Banking data which allows lenders to decision over fully categorised bank statement data, delivering income and expenditure intelligence like no other.