Chicago,
21
January
2015
|
01:00 PM
America/Chicago

Ontario Systems Integrates TransUnion TLOxp into Its ARM Platform

The collaboration will provide collection agencies and credit issuers with access to alternative data

Today, Ontario Systems announced a new technology integration with TransUnion’s TLOxp® batch solution. Through the integration, collection agencies and other accounts receivable managers will have access to alternative data to manage and prioritize accounts receivable.

“For years, the ARM industry has benefitted from access to historical and current records to research and identify links,” said Chris Cochran, senior director, product management at Ontario Systems. “Through our new TLOxp integration, TransUnion and Ontario Systems customers can integrate alternative data into their research and collection process. TLOxp’s next-generation skip tracing technology will also help these collectors make connections faster and more efficiently.”

For the past 20 years, Ontario Systems has integrated TransUnion’s customizable solutions into its offerings for ARM participants. TransUnion’s solutions, such as its collection prioritization engine, credit reports, and triggers for collections, complement the Ontario Systems platform. TLOxp’s batch solution will be integrated with the latest version of Ontario Systems’ Link product to seamlessly deliver the alternative data to both TransUnion and Ontario System customers.

“For the ARM industry, identifying and researching connections between individuals, businesses and assets can be a challenge without access to data or technology platforms. Through the TLOxp integration, our customers can now access alternative data to make connections and locate even the hardest to reach individuals and businesses through the ARM system.”
Peter Ghiselli, vice president at TransUnion

Ontario Systems helps large collection agencies and debt buyers in the financial services, telecommunications, automotive and utilities industries prioritize the most profitable accounts. To learn more about its solutions for accounts receivable management, visit www.ontariosystems.com.

About Ontario Systems

Ontario Systems, LLC is a leading provider of accounts receivable and strategic receivables management solutions for the collection and healthcare industries. Offering a full portfolio of software, services, and business process expertise, Ontario Systems customers include nine of the 10 largest collections agencies, and three of the five biggest health systems in the U.S., with 55,000 representatives in more than 500 locations. To learn more about how Ontario Systems can help power up your receivables, visit OntarioSystems.com, or email info@ontariosystems.com.

About TransUnion 

Information is a powerful thing. At TransUnion, we realize that. We are dedicated to finding innovative ways information can be used to help individuals make better and smarter decisions. We help uncover unique stories, trends and insights behind each data point, using historical information as well as alternative data sources. This allows a variety of markets and businesses to better manage risk and consumers to better manage their credit, personal information and identity. Today, TransUnion reaches consumers and businesses in more than 30 countries around the world on five continents. Through the power of information, TransUnion is working to build stronger economies and families and safer communities worldwide.

We call this Information for GoodSM. www.transunion.com/business