In a market where delinquency rates are climbing to record levels, the biggest threat to a lender’s bottom line isn’t just the lack of data, it’s the speed of actionable data. When an asset is identified, every minute that passes without a recovery assignment increases the risk of that asset disappearing again.
Standard recovery tactics are reaching their limit. To combat this, MVTRAC, DRN, and SCM have formed the industry’s first Connected Intelligence Ecosystem. Together, we’ve built a high-velocity, frictionless path to recovery that turns real-time data into immediate results.
MVTRAC: The Engine That Powers Recovery
Within this new ecosystem, MVTRAC serves as The Recovery Engine. We know that intelligence is only valuable if it’s actionable. Our role is to bridge the gap between vehicle location and asset recovery through industry-leading automation.
By integrating directly with DRN’s massive LPR network and SCM’s deep skip investigations, MVTRAC ensures that your portfolio moves at the speed of the market:
- Automated, Compliant Assignments: Eliminate manual bottlenecks. Our engine triggers recovery assignments instantly based on real-time data, ensuring you never miss a window of opportunity.
- Real-Time Agent Coordination: We sync the ecosystem’s intelligence directly with field agents, providing the coordination needed to close cases faster.
- Frictionless Workflow: We’ve removed the lag from the recovery process, creating a seamless transition from data hit to repo order.
Solving Today’s Lender Pain Points
Lenders today are facing a perfect storm of rising delinquencies and thinning margins. The manual process of reviewing hits and assigning agents is too slow for today’s high-risk environment.
MVTRAC’s automated approach solves this by:
- Reducing Depreciation: The faster an asset is recovered, the higher its value at auction.
- Ensuring Compliance: Automated systems reduce the risk of human error in the assignment process.
- Maximizing Efficiency: Your team can focus on high-level strategy while our engine handles the logistics of the recovery cycle.
Results That Move the Needle
The Connected Intelligence Ecosystem is already delivering massive wins. We recently collaborated with a lender to implement this automated workflow, resulting in:
- A 17%-39% ROI on cost basis, with an average near 30%
- Achieving consistent 20%+ net margin performance across portfolios
- Stable performance across captive, bank, and specialty finance lenders
Integrating this ecosystem into your current workflow doesn’t just change how you recover assets, it significantly reduces your charge-offs.
Watch the Connected Intelligence Ecosystem video below.