The Security Open house provides a vehicle for our Clients to get the most comprehensive picture of who is DataScan and how we do what we do. It also provides us with the optimal venue to share transparency about how we protect and store our Client’s data. Most of the information our Clients need to satisfy compliance obligations is universally applicable, but there’s even room for them to have breakout sessions to ask for specific evidence if needed. The holistic approach taken in this type of forum serves both DataScan and our Clients, as it allows us to gather all the subject matter experts in one place for a focused window, that shortens and simplifies the compliance audit process for all parties involved.
AVOIDING THE NEXT TRICOLOR: A Call for Dynamic Dealer Risk Management
Tricolor’s 2025 collapse exposed the risks of static dealer oversight and outdated monitoring practices. Duplicate flooring, title gaps, and servicing failures went unchecked, resulting in major lender losses. This case highlights the urgent need for continuous, data-driven monitoring and proactive risk management. With modern platforms like RiskGauge, lenders can detect red flags early, respond faster, and enhance transparency—turning potential losses into actionable insights.