ISLANDIA, N.Y. -

Teledata Communications (TCI), a provider of cloud-based loan origination solutions, hired Mark Gleason this week as director of sales for the consumer finance industry.

In this capacity, TCI highlighted that Gleason will oversee the company’s sales activities in this expanding marketplace. Based in Costa Mesa, Calif., Gleason brings more than 10 years of experience in financial services technology and more than 30 years of technology industry expertise to TCI.

“TCI already has substantial market share with credit unions, finance companies and banks in the indirect auto lending space, and new markets are opening rapidly. One example is the consumer lending sector, which is experiencing an exciting transition to an Internet-based, anytime, anywhere lending environment,” TCI president Bill Nass said.

“We’re delighted that Mark has joined our organization, and will contribute in-depth knowledge to help TCI continue to expand its footprint in the consumer lending sector,” Nass continued.

Gleason’s experience includes loan origination systems, regulatory compliance, servicing systems, expert systems and advanced analytics. He has worked in several FinTech markets, including automotive, health care, mobile and online lending.

“Having partnered successfully with TCI for many years, I'm very happy to join the team at this opportune time,” Gleason said. “While there’s been a lot of noise about technology in the financial sector, TCI has stood above the crowd when it comes to innovation.

"Its DecisionLender 4.0 platform represents a quantum leap forward in terms of loan origination systems. This is truly visionary technology, and is one of the key reasons I elected to join TCI,” Gleason continued.

“I’m eager to help bring this powerful technology to a market that can truly benefit from more adaptable and efficient loan origination solutions,” he went on to say.

TCI’s loan origination solution, DecisionLender 4.0, is a solution that can provide flexibility and control to finance companies. Through this offering, lenders have the capability to create and adjust any number of lending rules, parameters, application fields and workflows according to whatever criteria they choose — without using expensive and time-consuming IT or development resources.

TCI pointed out that DecisionLender 4.0 also can deliver real-time visibility into a finance company’s performance through a set of robust analytics tools, allowing them to proactively assess and adjust the efficiency of their operations.

“The degree of customizability available through DecisionLender 4.0 represents a completely new approach in loan origination technology,” TCI said.

For more information on TCI and DecisionLender 4.0, visit www.tcicredit.com.