Management Team

GDS enters new market with office opening in Istanbul, Istanbul office will focus on Turkey and Eurasia markets.

GDS Link enjoys another positive year for 2011 with growth in industry verticals,continued international expansion and product enhancements

GDS Adds Solution to Help Mitigate Fraud for Clients and Prospects Transacting Business Over the Internet

Fortiva Financial Selects GDS Link for Specialized Retail Underwriting and Agile Risk Management Capabilities

GDS launches Case Center 2.0 designed to streamline the development and deployment of solutions for Credit Application Processing and Account Management.

GDS Link Completes Integration of TARGUSinfo's On-Demand Verification and On-Demand Lead Scoring Solutions 

GDS Link Continues Growth with international expansion and growth in key industry verticals during First Half of 2011

GDS Link and Spain-based Modellica merge to accelerate growth.

GDS Link extends international presence to Latin America appointing Gustavo Vercinsky as head of their new Buenos Aires office.

GDS Link was featured in the Nov. 15, 2010, issue of American Banker; the article entitled "A Finer Filter Saves Steps in Finding Fraud."  GDS Link's client RBS WorldPay (see related release issued June 23, 2010), one of the largest merchant acquirers in the U.S., outlines how it will leverage the power and flexibility of GDS Link's core offering, DataView360™, to enhance its risk management processes. Billi Jo Wright, vice president transaction risk and collections for RBS WorldPay, shares that utilizing DataView360 will allow RBS WorldPay to be more responsive to changing fraud trends; implement strategies based on merchant category, geography and other criteria; and  avoid relying on IT personnel as the ability to modify rules is placed in the hands of the business users. The full article is available at:
http://www.americanbanker.com/issues/175_219/banks-save-fraud-finding-steps-1028635-1.html

GDS Relocates New Offices beginning November 1, 2010

GDS Link, ScoreSharp form strategic alliance to maximize the value of third party data sources and support the rapid implementation of both custom credit scoring models and complex credit policy rules.

Great American Insurance Group's trucking division leverages DataView360 to enhance its underwriting process.

UK based DecisionMetrics selects GDS Link's DataView360 to deliver customized decisioning capabilities.

The first half of 2010 brings additional data sources, new verticals and launch of Merchant Acquirer offering.  

GDS Link announces the ability to secure access to more than 30 Data Providers of both traditional and alternative data through its Connector Library.

RBS WorldPay secures a license of GDS Link's flagship solution, DataView360™ to more efficiently adapt and respond to regularly changing trends in fraud. With DataView360, RBS is able to implement and manage their fraud-based rules for several business functions including screening for fraudulent transactions.

African Bank, South Africa's largest micro-lender, has licensed GDS Link's DataView360™ to manage its current and future risk management requirements. With GDS Link's flagship solution, DataView360, the bank can now aggregate multiple data sources for a more comprehensive assessment of customers, as well as ensure a stable real-time transactional inquiry process.

Meta Payment Systems, a leading provider of prepaid, credit, debit and emerging payments solutions, selects GDS Link's DataView360™ to support the intricate underwriting of its lending programs.

Reseller Agreement between GDS Link and Pattern Recognition allows custom fraud models developed by Pattern Recognition to be deployed through GDS Link's core technology platform, DataView360™, and its new merchant acquirer solution, DataView360-Detect.

GDS Link announced a strategic alliance with Scoring Solutions™, an Atlanta-based analytical consulting company focused primarily on the credit industry. The relationship merges Scoring Solutions' complex scoring models, derived from its extensive credit attribute library, with GDS Link's ability to enable the rapid implementation of these models through its flagship product, DataView360™.

GDS Link is featured in this year's American Banker's  Spring supplement entitled Risk Management; Improving Practice and Policy. Paul Greenwood's article Optimizing Risk Strategies through Accelerated Implement Techniques can be found on page 9 of the Supplement. To register to view a digital format of the supplement please go to the following link: http://www.americanbanker.com/subscribe/lead.html?product_id=1016698

 

 

Cane Bay Partners VI, a St. Croix, V.I.-based consulting and portfolio management company, has selected GDS Link's technology for the enhancement of its scorecard management processes. After an extensive search process, Cane Bay found that GDS Link's flagship product, DataView360™, offered the most functionality to effectively support its consumer lending risk management needs.

GDS announced at the Merchant Acquirers' Committee (MAC) 2010 Conference the launch of its new offering, DataView360 Detect, which is designed to satisfy many of the unique compliance and risk management requirements of merchant acquirers and ISOs.

 

Atlanta based Kabbage, Inc., a provider of working capital to online sellers, selects GDS Link to satisfy its Risk Management Requirements

Paul Greenwood provides insight on the use of alternative data sources, analytics and technology to boost collections performance. Dale Williams, President of Teletack, Inc. and Canh Tran, President of Pattern Recognitions System, provide additional insight. To read more click on the link below:

http://www.collectionscreditrisk.com/news/technology-scoring-strategies-to-boost-collections-3000924-1.html

GDS Link enjoys positive growth in 2009 adding twelve new clients through both direct relationships and partnership programs. 

Webinar: Improve Credit Risk and Portfolio Management Utilizing Customer-Centric Data
Featuring speakers from: TowerGroup, Scoring Solutions, Inc., and GDS Link.

Watch the video

GDS Link Proposes Remedy for Forthcoming UDAP Changes

The proposed Unfair Deceptive Acts and Practices Legislation (UDAP), in its current form, will have a significant impact on the way credit card issuers manage the risk of their existing and future card portfolios. A key aspect of the proposed regulations will impact an issuer's ability to re-price new and existing balances thereby reducing their portfolio yield and associated profitability. With reduced flexibility on the back-end, the need to strengthen risk management practices on the front-end will be even more critical as the card industry moves forward.

Legacy loan origination systems currently deployed at many financial service organizations do not provide the flexibility to easily implement new credit scoring that may be required to facilitate enhanced risk management policies necessary to offset reduced pricing flexibility once an account is booked. In addition, with the introduction of a wide range of new data sources over the past several years, reliance solely on the three traditional credit  bureaus may not provide lenders with a complete view on a consumer's capacity to pay. Enhanced front-end lending models, should, at a minimum, include testing of alternative data sources to see if this unique information can add lift to new scoring models.

DataView360™ by GDS Link, (www.gdslink.com) was designed to provide financial service organizations with a flexible tool kit which allows for easy integration with any third party or internal data source, the ability to easily develop custom data attributes and the rapid implementation of in house developed or third party custom scorecard models. In addition, DataView360 supports complex process flows, unlimited champion challenge strategies and risk policies based on portfolio segmentation, product type and other key market drivers.

A robust internal facility for performing retrospective analysis of business rules objects and strategies is also supported allowing your risk management staff to test models and new risk policies prior to deployment. From within DataView360, you can simply invoke the Retro-Scoring engine and recall archived credit bureau, application and/or internal system data for testing alternative business scenarios. The Retro-Scoring engine gives an organization the ability to validate new rules objects,credit bureau attributes and custom scorecards using real transactional data, but free of consequence in a non-production setting.

 

*****   Enhancethe Value of Your Existing Technology Investment  *****

GDS's DataView360™ was developed with the recognition that financial service organizations have made large investments in their existing lending platforms and the effort to replace these solutions would be very labor intensive and quite expensive. DataView360 was designed to be a "bolt-on" to your existing lending platform providing your organization with all the feature richness of our solution while at the same time increasing the return on investment of your legacy solutions.

DataView360™ Revolutionizes the Implementation of Custom Scoring Models

These are times that try bank balance sheets - and test their credit scoring abilities. But adapting to new economic realities can be difficult if the scoring formulas are hard-wired into a legacy database system.

To make it easier, faster and cheaper to create custom scorecards, Dallas-based GDS Link, LLC has come out with DataView360, which uses Web services instead of traditional software, deploys quickly - and costs as little as a tenth of traditional scorecard systems.

 According to a GDS Link survey of 100 banks conducted in May and June of 2008, 71 percent used reports from the bureaus instead of doing their own custom scoring - but only 22 percent of the banks were satisfied with these generic scores.

DataView360 takes just a couple of weeks to configure and a couple of days to install-rather than the six to twelve months of traditional deployments, says GDS president and founder Paul Greenwood. And further changes take place within the system's easy-to-use interface.

"It changes the dynamics of what was traditionally a very hard process to do-custom scoring," says Greenwood. "You no longer have to rely on your IT group. The business analyst or credit risk manager is able to control this with his desktop."

That's been the experience of Craig Johnson, director of portfolio management of Sioux Falls-based Meta Payment Systems, a division of Iowa's MetaBank.

"As a matter of fact, the person at Meta who controls that is myself," he says. "I can go in and change the score cutoffs. It's very simple to do - it takes no programming experience at all."

Meta configured the system to combine the results of two different custom score cards, he says. Now he can go in and, for each combination of scores from the two scorecards, change the approval decision, the credit line granted, and the cutoff points for the two scores.

The company, which previously focused primarily on prepaid cards, plans to use this for a new program for small-balance personal loans. Meta expects to see hundreds of thousands of applications come in over the course of a couple of months, according to Johnson.

Other vendors in this space are also moving toward Web services, says TowerGroup analyst Bobbie Britting, but not everyone is there yet. "It's a mixed bag," she says.

But there's nothing at all wrong with a credit scoring technology that's better, faster, and cheaper.

"What lenders need to be able to do is condense the data acquisition and analysis process and timeframes, finding shifting patterns in consumer behavior and create new custom scores," Britting says.

Link to article:

http://www.americanbanker.com/btn_article.html?id=20081028WZAPHLDH

Please see attached document.

Scoring Solutions in conjunction with GDS Link, introduced their product Score360TM, a state-of-the-art attribute interface which includes 1,000 tri-bureau credit attributes. "Using DataView360 to enable the use of our attributes with our client's, accelerates their implementation, which reduces integration and development costs and allows our clients to recognize their return on investment in weeks not months." Fran Lyons, a Principal of Scoring Solutions.