ARLINGTON, Texas, July 2, 2018 /PRNewswire/ -- Agora Data, Inc. ("AGORA"), a Texas-based provider of technology solutions for the financial services industry, announces that Chris Barry has joined the management team as the Senior Vice President of Sales. Chris will lead the growth of the platform and AGORA's ever-expanding scope of services and solutions it offers to the marketplace of auto finance loans and receivables.
AGORA founder and CEO Steve Burke commented, "Chris is an experienced automotive finance leader with over 30 years of success building great organizations. His senior leadership roles with GWC Warranty, American Credit Acceptance, JP Morgan Chase, and AmeriCredit Financial Services position Chris well to lead the growth and success of the Agora community."
Since its launch in April 2017, AGORA's flagship loan exchange platform has rapidly revolutionized the secondary market for auto loans, allowing buyers and sellers to publish and exchange loan data directly in an efficient and secure environment without the need of intermediaries or brokers.
"Mighty oaks from tiny acorns has been my tagline throughout my career. The tremendous power and value of AGORA's platform and groundbreaking technology is no tiny acorn, considering we have already placed $1.5 billion in the market in only 14 months, which we should easily double in the next 12 months," remarked Chris Barry, who also noted: "I am thrilled to be part of this amazing team, helping drive AGORA's integrated resources across the consumer finance sector with this revolutionary platform."
AGORA was created in response to the many friction points and inefficiencies that exist in the manner that auto loan portfolios currently trade – namely poor and inconsistent data, lack of transparency from the brokers that previously dominated the market and heightened regulatory concerns over unsecured transmission of personal consumer data.
Steve Burke noted, "Our growth over the past year has been exceptional, and we are thrilled to have Chris as a catalyst to take AGORA to even higher levels of success and innovation." Steve also commented, "Chris will take on the mission of building our sales team and messaging to the industry. Currently, AGORA has 10 open positions for sales professionals and account managers, and Chris has put in place an excellent career path for motivated sales professionals."
About Agora Data, Inc.
Founded by industry veterans, Agora Data, Inc. is an Arlington, Texas-based developer of financial services enabling software and solutions. Its flagship application AGORA was launched to create a true marketplace for buyers and sellers of auto loans. With the launch of its initial commercial release, AGORA has turned to buildout subsequent releases to include extremely robust due diligence, pricing, reporting and compliance modules for the platform. Visit www.agoradata.com for more information.
SOURCE AGORA Data, Inc.
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