DDI Technology brings ELT services to Indiana
DDI Technology (DDI), a leading automotive title management firm and a subsidiary of IAA Holdings, recently announced the launch of its electronic lien and title (ELT) services in Indiana.
Officials said the Hoosier State now is the 28th state to feature DDI ELT technology and solutions.
This latest launch of DDI’s ELT services will allow finance companies and other lenders in Indiana to manage their vehicle title portfolio better and lower operating costs.
DDI said it continues to find solutions for its customers, now acting as both an ELT service provider for finance companies and a partial service provider for dealer transactions.
The latest integration of these two systems can allow both parties better visibility when ensuring lien placement.
DDI went on to say its expansion into new states can benefit customers by simplifying the titling process, eliminating paper storage, and reducing title loss and fraud.
“We are thrilled to announce DDI’s entry into Indiana at a pivotal time for lenders,” said Tab Edmundson, IAA vice president of client solutions and DDI president.
“With ELT set to become mandatory in Indiana on July 1, DDI’s entry into this market allows time for lenders to become compliant with the new rules and maximize the benefits of this new offering,” Edmundson went on to say.