HubSpot Blog - defi SOLUTIONS

New Lending Technology Efficiencies Get You More With Less

Blog-TimeForTech.pngWhether it’s more hours in a day, more profitability, or both, and regardless of where you are in your business’s lifecycle, your finance company can achieve more with less by embracing new lending technology.

How do you do it? defi CEO and Chief Constant Improver, Stephanie Alsbrooks, recently gave some great advice in an article for Non-Prime Times.

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Technology 20 Years Ago Versus Today

NPT_Blog_170905.gifCEO and Founder Stephanie Alsbrooks has often imagined what it would be like to have started defi SOLUTIONS 20 years ago, with the technology available then.

With summer nearing an end and fall just around the corner, she and some of defi’s team members took a nostalgic walk down memory lane, comparing “then and now” processes and technologies.

Here’s some of the leaps and bounds they noted that have been made in that time.

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Keven Sticher Joins defi SOLUTIONS as CIO

Keven_Bio.jpgWe are thrilled that Keven Sticher has joined the defi team as our chief information officer! Keven is taking charge of business alignment, vision, strategy and execution of information technology and information security for the company.

What does that mean exactly?

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defi ENGINEERING: Working in Pairs

Part2_170605.pngRemember the computer programmer in Jurassic Park? He was a rotund loner whose workstation was littered with soda cans and empty potato chip bags. The Hollywood stereotype of software engineers is The Lone Coder, a social misfit who shuns human interaction. He can make magic happen with a few clicks of his mouse, but he probably does it from the solitude of his parents' basement. 

In real life, The Lone Coder makes mistakes -- lots of mistakes. Answerable to no one, The Lone Coder designs a system only he can understand, and no one else has a prayer of maintaining or modifying. The Lone Coder is a threat to the growth, security, and stability of a computer system. Scariest of all, entire software "teams" can be full of Lone Coders, each one marching to his own beat, following her own whims, leaving a cloud of chaos behind in their wake. Their product might work, but it is a house of cards. 

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Blissful Ignorance or Painless Awareness: Which is your choice?

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Most of us know what we’re looking for in a life partner, but do you know what your business is looking for in a hardware or software technology partner? What are your preferences? What makes one vendor a better choice for you than for someone else?

Not sure? Haven’t thought about it? Think you already know? defi SOLUTIONS CEO Stephanie Alsbrooks suggests ten questions to help you narrow down which technology partner is right for you.

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defi ENGINEERING: A Cult of Quality

defi ENGINEERING a Culture of QualityPeopleware: Productive Projects and Teams, a book by Tom DeMarco and Timothy Lister about sociology in software engineering, uses the phrase "cult of quality" to define a team that has decided "only perfect is good enough for us." DeMarco and Lister write that while most of the world won't argue for higher quality, members of a cult of quality will "always turn out something that's better than what their market is asking for." And this usually doesn't happen because of any dictate from upper management. Most often it's the team members themselves holding themselves to a higher standard.

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defi EXCHANGE for bulk loan sales. The next big deal in auto finance!

defi EXCHANGE Auto Loan Marketplace for Buyers and SellersThis year started off with a bang when we officially introduced defi ANALYTICS and defi SERVICING. Although they are hard acts to follow, we think defi EXCHANGE, our auto loan portfolio marketplace, is equally, if not even more, exciting.

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Their Data Technology Needs Aren't Necessarily Yours

Three Steps to Apply to Any Technology DecisionHow do you know or go about finding out if a solution is right for you?

Director of data and analysis for defi ANALYTICS, Brandon Burns, explains in the most recent edition of Non-Prime Times how to go about the process of deciding which data warehouse technology solution is right for your business.

Brandon's ideas apply to any technology decision. He suggest you follow three steps.

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Less IS More in Loan Origination and Funding

Less is More in Loan Origination The Uniform Electronic Transactions Act (UETA) passed in 1999. Coincidentally, that was the year I joined AmeriCredit, and my journey in auto finance began. I was in my 20s and full of ideas about how great auto finance could be with less paper and leaner, faster processes. 

So here we are in 2017, more than 15 years later and auto finance has more paper than it did in 1999.

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The Importance of Community

6524_DSL_community_blog_image3.jpgYou hear companies rave about their user communities and how they let their clients participate in the company’s roadmap to the future.

But what is a user community? How does it work? Is it worthwhile, and how can you get the most out of it?

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