Delinquency Manager is a highly customizable dashboard that clarifies trends and meaningful factors affecting the delinquencies in equipment loan and lease portfolios. It allows Orion's clients to view and filter data by state, originator, industry, and other criteria, to better understand what's happening and act swiftly and accurately on its insights.
"It's become a requirement for small business lenders to embrace analytics in order to remain competitive," says David Trost, VP Product & Analytics of Orion. "Our technology lets us combine data that our clients are already collecting with Orion First's proprietary data, to develop these amazing new tools for visualizing and reporting. Not just on portfolio performance, but also insights into market trends and potential pitfalls."
Delinquency Manager is aimed at helping executives simplify their data compilation, trend analysis, and pricing. It will help portfolio managers identify problem areas quickly and easily, and communicate performance to a wide range of stakeholders.
The product is the latest in a string of recent releases from Orion that includes its popular Customer Portal and Client Portal. Orion is also folding these technologies into a new program, Insights, that will offer both a la carte and client-only business analytics tools.
Orion First, founded in 2001, is a full-service commercial loan and lease portfolio servicer which provides a suite of services and products to manage the complete life cycle of a borrower. Orion's product suite includes commercial loan and lease servicing and collection, portfolio management technology with client portal, data management, business analytics, and backup servicing. By delivering better technology, professional expertise, and deep experience, clients are able to consistently achieve lower losses, better pricing, lower expenses, and less distraction.