defi’s Platform Enhances FIFS’ Ability to More Efficiently Originate Loans and Better Manage Automotive Financing
defi SOLUTIONS has rolled out two of its state-of-the-art, cloud-based loan solutions to Houston-based First Investors Financial Services. FIFS went live on the defi loan origination and analytics systems (defi LOS and defi ANALYTICS) in just four months.
“We needed an innovative platform and partner who understood our business and could stand up the system quickly,” said Tommy Moore, FIFS president and CEO. “Throughout every twist and turn of this project, the defi team was professional and timely. They gave us just what we needed: a strong partner and advocate during this critical transformation.”
defi LOS supports FIFS’ need for sophisticated underwriting that includes custom scorecards, auto decisioning, and auto deal structuring, as well as analytics and reporting from near real-time data. With system enhancements added weekly, defi LOS will allow FIFS to better serve its customers now and well into the future.
According to defi founder and CEO Stephanie Alsbrooks, “FIFS has been a principal player in the automotive finance market for more than 30 years, and we’re excited to work with them and ensure they have precise control over their lending processes. Now that their defi system has gone live, we look forward to partnering and innovating with FIFS to help them achieve the goals they set in the years to come.”