Digital Matrix Systems Establishes Strategic Alliance with Stratyfy to Enable Automated Credit Decisions for Small to Midsize Lenders
Kim Eakin
972-341-0056
keakin@dms.net
Alex Barton-Perez
Caliber Corporate Advisers
stratyfy@calibercorporate.com
Digital Matrix Systems, Inc. (DMS) announced today that it has entered a strategic alliance with Stratyfy, a fintech leader empowering small to midsize financial institutions with the ability to safely leverage advanced machine learning in their financial decisions. This alliance supports the two companies’ common goal of helping leading institutions improve processes and mitigate risk. Stratyfy’s proprietary decisioning approach paired with DMS’ data solutions enable mid-market lenders to easily automate and incorporate AI/ML into their credit decisions.
“At Stratyfy, we’re focused on leveling the playing field for smaller lenders by providing access to cutting-edge transparent AI and machine learning solutions,” said Laura Kornhauser, CEO & co-founder of Stratyfy. “We’re thrilled to be working with a market leader like Digital Matrix Systems to enhance our ability to deliver powerful, data-driven insights. Together, we can help smaller institutions make better credit decisions quickly and confidently.”
With smaller lenders faced with fewer resources, Stratyfy has made it their mission to ensure transparency is built into their solutions from the ground up. Not only does this allow lenders to easily explain and interpret how credit decisions are made, but it also speeds up the model risk management process allowing for quicker, safer deployment of new strategies. By bringing together DMS’ data solutions and Stratyfy’s decisioning approach, lenders can confidently adopt AI/ML, helping them generate data-driven growth.
“DMS is committed to seeking solutions that are complementary to our solution suite and align with our mission to help lenders achieve the best possible outcomes,” said Aaron Trentacosta, executive vice president of Digital Matrix Systems. “Stratyfy has an outstanding offering and shared commitment to driving improved outcomes, which makes the alliance between our companies a great fit.”
To learn more about Stratyfy, visit: www.stratyfy.com. To learn more about DMS, visit: www.dms.net.
About Stratyfy
Stratyfy, a leader in decision optimization for financial institutions, is enabling data-driven growth without added risks or the need for in-house data experts. With their interpretable AI solutions, financial institutions are making more accurate, efficient, and fair financial decisions in credit risk, fraud, and compliance. Stratyfy was named a 2024 Banking Tech Awards USA winner, recognized as a Benzinga Fintech Awards finalist in the “Best Lending Solution” category, and included in the AIFintech100 for two consecutive years. For more information, visit stratyfy.com and follow Stratyfy on LinkedIn and X.
About Digital Matrix Systems, Inc.
Founded in 1982, DMS is an international risk management solution provider that helps clients leverage the power of data to make better-informed business decisions. Through an integrated product suite, DMS delivers secure access to consumer and commercial credit bureaus, as well as specialty data providers. As a reliable partner, DMS helps leading companies predict and manage risk in a variety of industries, including financial services, insurance, and brokerage services. The company provides data warehousing, advanced analytics, scoring models, and comprehensive consulting services, delivering strategic solutions tailored to each client’s business goals. For more information, visit www.dms.net and follow DMS on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241210041510/en/
"We’re thrilled to be working with a market leader like Digital Matrix Systems to enhance our ability to deliver powerful, data-driven insights. Together, we can help smaller institutions make better credit decisions quickly and confidently.”
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