One of Used Car Week’s presenters and the sponsor of the SubPrime Auto Finance Executive of the Year award — Black Book Lender Solutions — finalized the integration of its vehicle valuation data into three more providers of loan origination systems used by finance companies.

Recent integrations announced on Monday include Credex, Compass Technologies and FNI (Financial Network Inc.).

Executives highlighted this continued expansion of Black Book data throughout industry loan origination systems is designed to allow lending decisions to be made in less time and with lower costs, thus accelerating the approval process.

The company insisted these operational efficiencies, combined with the risk management benefits of Black Book Lender Solutions insight, is meant to help finance companies remain competitive and focused on profitable growth opportunities.

Many of today’s leading finance companies are leveraging vehicle values from Black Book Lender Solutions, with data that is fully integrated into loan origination systems powered by some of the most notable providers, including defi SOLUTIONS, Fidelity, Crif Lending Solutions, Argo Data Resources Corp, Meridian Link, Allied Business Solutions and Megasys.

“Black Book’s footprint continues to expand in this segment of the industry as loan origination system providers respond to customer demand to have access to our values,” said Jared Kalfus, vice president of data licensing for Black Book.

“Today’s most profitable companies leverage tools and resources that provide smarter and faster decision-making, along with operational efficiencies,” Kalfus continued.

Credex Systems president Lloyd Wright pointed out that efficiency and speed of approval can greatly impact his customers’ ability to compete and realize larger profit potential.

“With Black Book vehicle value data fully integrated into the loan origination system, lenders can reduce application errors and streamline the entire approval process for clients entering their portfolio,” Wright said.

Stephanie Alsbrooks, chief executive officer of defi SOLUTIONS, indicated her clients “love the speed and accuracy advantage they get with ease of access to Black Book industry leading data.

“Coupled with our defi Solutions configurable rules, Black Book data allow customers to automatically call the value data at any point in their process from application to funding,” Alsbrooks continued.

Jeremy Engbrecht, president of the CRIF Select division, CRIF Lending Solutions, declared that Black Book is one of the most accurate vehicle evaluation tools on the market.

“Streamlining the lending process is paramount for lenders to capture more business in today’s evolving market,” Engbrecht said. “Time is money, especially in the auto industry, which is why we are proud to integrate our CRIF ACTion loan origination technology platforms for direct and indirect auto lending with Black Book.”

Besides presenting the winner of the SubPrime Auto Finance Executive of the Year winner, Black Book will have a major presence at the SubPrime Forum, which is set for Nov. 10 through 12 at the Red Rock Casino, Resort and Spa in Las Vegas.

Kalfus will be joined by colleague Susan Hughes for a session titled, “2014: A Year of Records.” This general session presentation will be devoted to examining the many record-breaking events that took place during 2014 and discussing how those events and trends will continue to impact the industry in 2015 and beyond.

This session will take place Nov. 11 at 11 a.m. during the SubPrime Forum, which is presented in partnership with the National Auto Finance Association. The forum begins Nov. 10 with registration and a welcome reception before launching into a full day of events on Nov. 11, followed by a half-day of sessions on Nov. 12.

For a full schedule of events, visit http://subprime.autoremarketing.com/agenda, and be sure to register for the event by Oct. 10 to save $200 off of your registration fee. And once you’re registered, don’t forget to make your hotel reservations at the Red Rock Casino, Resort and Spa in Las Vegas. The exclusive conference rate of $195/night is available only through Oct. 17.