Press Release (ePRNews.com) - ARLINGTON, Texas - Feb 25, 2019 - Agora Data, Inc. (“AGORA”), a Texas-based provider of technology solutions for the financial services industry, announces its joint newly-launched integration functionality relationship with AutoManager, Inc. (“AutoManager”). AutoManager is a dealer software development company located in Southern California, offering three principal products, DeskManager, WebManager, and Automotive CRM.
“The AutoManager integration continues to expand AGORA’s ability to help buy-here-pay-here dealers sell portfolios faster, more profitably and securely to our nationwide network of banks, finance companies, and credit unions on our platform,” stated AGORA founder and CEO Steve Burke. “Protecting our dealers from exposing loan data when they make their portfolios available for sale and giving dealers more liquidity is the mission of AGORA.”
For over thirty years, AutoManager has been able to leverage their knowledge, experience, and expertise to increase sales and productivity for their dealers. The integration with AGORA will give DeskManager’s buy-here-pay-here dealerships an option to have their loan information concurrently available on AGORA, where they can then securely select loan pools for bidding or financing.
Now our buy-here-pay-here DeskManager dealers can increase their profitability and success by utilizing this fast and secure dynamic loan marketplace.
“Adding AGORA as a valued integration partner allows us to continue our commitment of enhancing the value, innovation, and customer service we provide our dealers,” stated AutoManager president and CEO Kami Tafreshi. “Now our buy-here-pay-here DeskManager dealers can increase their profitability and success by utilizing this fast and secure dynamic loan marketplace.”
AGORA’s flagship loan exchange platform has rapidly revolutionized the secondary market for auto loans since its launch in April 2017, allowing buyers and sellers to publish and exchange loan data directly in an efficient and secure environment without the need of intermediaries or brokers. “DeskManager is an exceptional dealer management system, and we are excited to have them as one of our key integration partners, who enable dealers to seamlessly and securely offer their loans for sale, avoiding unsafe transmission of private customer data through emails and data files,” Steve Burke continued.
DeskManager is the fifth AGORA API integration with the leading DMS providers. AGORA management expects that in the next few months AGORA will be fully integrated with DMS providers covering over 90% of the dealerships nationwide. Steve Burke added, “Soon all dealers will be asking ‘Does my DMS do this?’”
AGORA was created in response to the many friction points and inefficiencies that exist in the manner that auto loan portfolios currently trade – namely poor and inconsistent data, lack of transparency from the brokers that previously dominated the market and heightened regulatory concerns over unsecured transmission of personal consumer data. This month AGORA hit a new milestone of over $3 billion in principal balance placed on AGORA.
About AGORA Data, Inc.
Founded by industry veterans, Agora Data, Inc. is an Arlington, Texas-based developer of financial services enabling software and solutions. Its flagship application AGORA was launched to create a true marketplace for buyers and sellers of auto loans. With the launch of its initial commercial release, AGORA has turned to build out subsequent releases to include extremely robust due diligence, pricing, reporting and compliance modules for the platform. Visit www.agoradata.com for more information.
About AutoManager, Inc.
AutoManager, Inc. is a leading provider of dealer management software that includes DeskManager Dealer Management System (DMS), WebManager (online vehicle marketing), and Automotive CRM. AutoManager applications are scalable to fit the needs of independent dealers of any size while also being able to meet the needs of franchise dealers. After over 30 years serving thousands of dealers in both the US and Canada, AutoManager Inc. has acquired the experience and expertise necessary to support the ever-evolving demands of car, truck, motorcycle, ATV, boat, RV, and even airplane dealers. To learn more about AutoManager, Inc. visit www.AutoManager.com or call 800-300-2808.
AGORA Data, Inc.