DDI Technology (DDI), a leading automotive title management firm and a subsidiary of IAA Holdings, LLC (IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the launch of its electronic lien and title (ELT) services in Indiana. This is the 28th state to feature DDI ELT technology and solutions. DDI continues to lead the industry with its Premier eTitleLien product for lenders and Premier EVR™ product for dealers.
This latest launch of DDI’s ELT services will allow Indiana lenders to better manage their vehicle title portfolio and significantly lower operating costs. DDI continues to find innovative solutions for its customers, now acting as both an ELT service provider for lenders and a partial service provider for dealer transactions. The latest integration of these two systems allows both parties better visibility when ensuring lien placement. DDI’s expansion into new states benefits customers by simplifying the titling process, eliminating paper storage, and reducing title loss and fraud.
Also Read: Bridgestone Extends Port Offerings with New Tire Specially Designed for Straddle Carriers
“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.”
IAA Holdings, LLC (IAA), a Ritchie Bros. Auctioneers company and parent of DDI Technology, is a trusted global marketplace for insights, services, and transaction solutions for commercial assets and vehicles. Leveraging leading-edge technology and focusing on innovation, IAA’s unique platform facilitates the marketing and sale of total-loss, damaged and low-value vehicles. IAA serves a global buyer base – located throughout over 170 countries – and a full spectrum of sellers, including insurers, dealerships, fleet lease and rental car companies, and charitable organizations.
SOURCE: Businesswire