Launched as part of a strategic alliance between the two firms, the integration now allows users of Global DMS' single-source eTrac Enterprise appraisal management platform to access Collateral Analytics' products and services, combining the former company's compliance expertise with the latter's highly accurate property value estimates.
Together, the companies say the combined solutions will significantly reduce costs, drive appraisal review efficiency gains, and deliver greater accuracy, reliability, and time savings.
Vladimir Bien-Aime, president and CEO of Global DMS, explained how the partnership will benefit both businesses and their clients: "There are many factors that must be taken into account in order to determine accurate property valuations and reporting in today's market. This new partnership extends to our customer base Collateral Analytics' sophisticated data analysis capabilities that produces precise reports on valuations, market analytics and risk scores."
Michael Sklarz, president and CEO of Collateral Analytics, echoed Bien-Aime's statement, adding praise for Global DMS, which he said "has done a tremendous job in building a platform to bring automation and compliance to the entire valuation management process for organizations operating in the appraisal business."
"Our solutions complement one another well and make for a robust offering that can be seamlessly accessed by Global DMS customers," Sklarz continued. "We are very pleased to have established such a strong partnership with Global DMS."