CARMEL, Ind. –
Allied Solutions and Recovery Database Network (RDN) not only operate in the same Indianapolis suburb, but the companies now are partners since they both seek to help auto-finance companies in the same area of their operations.
Allied Solutions, one of the largest providers of insurance, lending, and marketing products to financial institutions in the U.S. for more than 40 years, and RDN, a business unit of vehicle remarketing and technology solutions provider KAR Global, recently announced a partnership the companies believe will give finance companies a seamless, efficient solution for their asset recovery needs.
For more than 10 years, RDN highlighted that its software-as-a-service technology has provided auto-finance companies with improved recovery performance and increased operational efficiency while offering full security and transparency. The web-based application can connect thousands of recovery agents and automotive lenders to a streamlined vehicle recovery process — with reduced redundancies and increased actionable data throughout the entire recovery, re-titling, and remarketing value chain.
“Our clients are seeking secure, digital solutions to enhance and optimize their current recovery processes,” Allied Solutions senior vice president Anne Holtzman said in a news release. “RDN provides a trusted technology that enables lenders to better measure their performance and move more quickly through the repossession process.
“With a full suite of tools, and continuous adaption, RDN is a great partner to help fill an inventory management need for many of our clients,” Holtzman continued.
“Allied recognizes that our clients have a diverse and ever-expanding set of needs when it comes to recovery strategies,” Holtzman went on to say. “This partnership with RDN establishes an adaptable and comprehensive solution that we can provide to our clients so they can feel confident they are being as efficient and effective as possible with their recoveries.”
RDN vice president of business development John Sibbitt added, “At RDN, we are committed to continuously enhancing our technology and connecting customers to a streamlined vehicle recovery process.
“Now, Allied Solutions customers using the RDN asset recovery platform will have access to transparent repossession processes with real-time, automated status updates and tracking — connecting Allied Solutions’ lending customers to the agents managing their asset recovery,” Sibbitt said.