OTTOMOTO has been as busy as any shop in financial services on the partnership front.

Last week, the innovator in digital lending platforms finalized a partnership with Carleton, a provider of financial calculation and compliance solutions

The companies said this strategic collaboration is set to broaden Carleton’s impact in the automotive finance industry, bringing compliance, calculation, and document delivery APIs directly into the OTTOMOTO ecosystem.

By integrating CarletonCalcs suite of payment calculation and compliance APIs and CarletonDocs single-source solution for generating and distributing lending documents into OTTOMOTO’s platform, the companies said it will provide dealers with an origination experience that prioritizes state and dealer fee accuracy and financing regulatory adherence.

“Partnering with OTTOMOTO aligns perfectly with our mission to deliver precise and compliant financial software to an expanding client base,” Carleton president and COO Matt Ruszkowski said in a news release. “OTTOMOTO’s industry leadership and innovative approach provide the perfect platform to take advantage of Carleton’s wide range of automotive financing solutions for nationwide use.”

Other key benefits of the partnership include:

—Broadened impact: Carleton’s APIs will enhance OTTOMOTO’s platform, reaching more finance companies and dealers than ever before.

—Seamless integration: This partnership will streamline the use of advanced calculation and document delivery tools in automotive lending workflows, ensuring efficient and compliant operations.

—Commitment to compliance: Carleton’s established compliance solutions will bolster OTTOMOTO’s offerings, providing peace of mind to institutions navigating complex regulations.

—Mutual growth: This strategic alliance reinforces both companies’ dedication to innovation and customer-focused advancements in the automotive finance sector.

“This partnership showcases our dedication to innovation and highlights how our compliance software can integrate with and elevate an established digital platform like OTTOMOTO,” Ruszkowski said.

OTTOMOTO chief executive officer Paul Nicholas added, “We are delighted to integrate Carleton’s unparalleled financial calculation expertise into our offerings. This move represents a key step in our mission to optimize our platform with solutions that are accurate, efficient, and regulation ready.”

Along with this alignment with Carleton, OTTOMOTO previously forged partnerships this fall with:

—Launcher, a technology provider specializing in automotive financing originations

—Gestalt Tech, a financial technology company specializing in advanced data warehouse solutions for financial institutions

—Conecta Marketing Group, which powers ConectaAuto.AI and helps to make inroads in the Hispanic market