ARLINGTON, Texas, April 6, 2022 – Agora Data’s Chief Technology Officer, Chad Stilwell, will speak at the 2022 Automotive Intelligence Summit in Raleigh, N.C., April 12-14. His breakout session, titled “Using Data to Predict Subprime Auto Performance,” will start at 1:30 p.m. on April 12. Stilwell is responsible for all data science initiatives at Agora, including artificial intelligence (AI), modeling, and analytics.
During his presentation, Stilwell will share how data science helps today’s auto industry better predict – and even improve – the performance of subprime loans. This underserved, underbanked, and previously considered risky segment is rapidly becoming a viable asset class. Stilwell will explain what this means for the future of subprime and how these latest innovations impact lenders, dealers, and consumers.
“Closing the deal is only half the battle for today’s independent auto dealers and finance companies. Long-term success in this business relies heavily on how a loan performs after the deal is closed,” Stilwell said. “I look forward to discussing the treasure trove of data analytics now available to dealers and finance companies – and how to best use this information to maximize the performance of their portfolios.”
Stilwell brings to the conversation a diverse background of industry firsts. He played a crucial role in launching Agora’s crowdsourced securitizations, their line of credit with reducing interest rates, and their technology platform that provides a book value for subprime auto loans.
With over a decade of technology and development expertise, Stilwell previously served as the Director of Analytics & Insights for a top Fortune Global 500 company. He has a passion for using cutting-edge technology to solve today’s challenges. Currently, he leads the Agora team of developers to bring personalized business intelligence and expert analytics to Agora users. Stilwell looks forward to demystifying subprime auto finance for Auto Intel Summit attendees while sharing the game-changing significance of in-depth portfolio analytics.
Company representatives will also be on hand at the NIADA Convention & Expo in Las Vegas in June to help further Agora’s mission of empowering independent auto dealers and finance companies.
About Agora Data, Inc:
Agora Data’s platform delivers a suite of tools to empower independent dealers and finance companies to finance their subprime customers. Agora’s family of auto finance products provides a wide range of critical funding paths so originators can obtain the cash they need to fuel growth, compete, and build wealth. Powered by patent pending technology, originators now have access to robust data analytics and planning resources to help optimize the performance of their portfolios. Agora Data made history by closing the first-ever Crowdsourced Subprime Auto Securitization in 2020 and followed that up with its second transaction in early 2021. For more information, visit agoradata.com or contact us at 877-592-4672.
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