ARLINGTON, Texas, October 28, 2020 (Newswire.com) – Agora Data, Inc., a financial solution provider empowering Buy Here-Pay Here dealers and lenders with predictive loan technology, is pleased to announced the launch of its real-time secondary market transaction ticker in partnership with the National Independent Automobile Dealers Association. The ticker can be found on the National Alliance of Buy Here-Pay Here Dealers website at www.bhphinfo.com. NIADA acquired NABD’s assets and operations in December 2017.
Agora’s live stream ticker for BHPH uses actual industry data, highlighting real activity and supporting portfolio metrics reflecting market transactions occurring on Agora’s proprietary platform. All of that data and market insight information is rendered into an easy-to-understand display similar to other public financial exchanges.
“NIADA/NABD is a powerhouse in the auto industry and the perfect partner to help launch this innovative reporting technology to be used by the dealer and financial community,” Agora Data CEO Steve Burke said. “Agora’s commitment to provide data-driven solutions continues as we look for innovative ways to help accelerate business operations for BHPH dealers and all industry stakeholders.”
“Agora’s publishing of this ticker underscores our position as the primary industry reference and standard for transactions occurring in this very active marketplace. This data stream is made possible by our data scientists and by anonymously featuring real-time transactions of BHPH auto loan portfolios,” said Burke.
Shaun Petersen, NIADA’s interim executive vice president, said, “NIADA is proud to partner with Agora and to add its live stream ticker to NABD’s Buy Here-Pay Here-specific platform. This tool can be a valuable resource for BHPH dealers, providing a gauge to help approximate the value of their portfolios using real-time examples from across the country.”