Less than a month after entering into the credit-union space, LAUNCHER.SOLUTIONS (Launcher) finalized another integration; this time with HRI Analytics.

The technology provider specializing in loan originations explained integration aims to help finance companies make more intelligent underwriting decisions within Launcher’s loan origination system with HRI Analytics’ empirical data driven solutions.

The company reiterated Launcher’s platform, appTRAKER Loan Origination System, was designed by experts in the subprime automotive finance industry, so credit risk management is a top priority.

“We understand how important it is for lenders to have the ability to forecast loss and price their loan offerings in such a way as to drive portfolio yield,” Launcher president Nikh Nath said in a news release. “We chose to integrate with HRI Analytics to allow our lenders to assess risk in a more thorough manner.”

Launcher clients now can improve their risk management processes through this new integration. HRI Analytics utilizes empirical analyses of application data, standard and custom credit bureau attributes, and alternative data to develop custom lending scores. These scores are applied during the underwriting process to improve lenders’ decisioning, especially in lower-tier and thin-file credit situations.

When combined with appTRAKER LOS’s automation and auto-decision capabilities, Launcher insisted clients can expect a streamlined and efficient loan originations process that is custom-built for them.

Brian Hopper of HRI Analytics said, “Integrating with appTRAKER LOS will benefit our mutual clients in multiple ways, from tracking portfolio performance with quantifiable results to managing credit facilities and keeping scorecards current.”

Launcher previously completed integration with LexisNexis Risk Solutions to make more alternative data available to subprime auto-finance companies as well as with General Forensics to curtail power-booking.