AMO and Interactive Data Create Skip Trace Synergy

Asset Management Outsourcing, Inc. (AMO) is pleased to announce the selection of Interactive Data (ID) as backbone provider of their skip trace operations. A leading provider of accounts receivable management services, AMO offers a variety of industry-specific financial-performance solutions. ID will provide vital search information to AMO and its customers?integral skip trace services to help increase the management company’s collections and right-party contacts.

The match-up is one made in collections industry heaven. Conducting any search alone is inefficient at best. Partnering?to widen range, deepen resources, cover more ground?is inarguably integral to finding what you?re looking for. ID was chosen for its uniquely innovative services?a certain asset. To AMO, ID brings versatility?efficient, turn-key services that keep costs down. Efficacy?tailored search solutions individually crafted for specific clients, solutions that increase right party contact while boosting collections. Efficiency?fast turnaround of search services at highly competitive prices. And, perhaps most importantly, individuality?exceptional customer service that keeps everyone in the know.

“We are thrilled that AMO chose Interactive Data and our suite of products,” says Christopher Schaeffer, VP of Business Development at ID. “AMO is an industry-leading collection agency that realizes that in these highly competitive times you must think outside the box to cut costs and increase revenue for clients. Created in close partnership, the turn-key solutions AMO and Interactive Data have developed will be a model to be followed for years to come in the industry. I’m looking forward to continuing to work with AMO and creating solutions to help them succeed.”

“Integral to our segmentation strategy, Interactive Data delivers exactly what we need, high quality information at a reasonable price. Their ease of doing business and flexibility is incredible. In this hyper competitive industry, picking the right backbone provider for skip trace is critical. The wrong choice means missed dollars, substandard performance for our clients, reduced collector commissions and employee churn. Our clients and collectors deserve the best skip resources as early as possible in the life of the account. To expedite the journey from new placement to balance in full collection, we designed a collector skip trace window. We then sought out the best in class skip trace providers to populate the data fields in that window,” states John McNamara, Chief Operating Officer of Asset Management Outsourcing, Inc.