CALABASAS, Calif. & WELDON SPRING, Mo. — (BUSINESS WIRE) — Aug. 1, 2005 — InterthinxTM, a leading provider of comprehensive fraud-prevention and decision-support tools for the mortgage industry and a unit of ISO, strengthened its executive team with the addition of David Subar as chief information officer (CIO). As CIO, he is responsible for leading the technology team in product development, customization and technology operations.
Subar comes to Interthinx with a background in electrical engineering. He began his career working with MITRE Corporation, working on sophisticated artificial intelligence and neural networking solutions for the United States military, including advanced techniques for enemy detection and assessment.
"Interthinx prides itself on its combination of innovative technology, comprehensive data and vast industry experience," said Kevin Coop, president of Interthinx. "David's experience with the development of enemy detection solutions for the U.S. aligns with Interthinx's efforts in the mortgage fraud space. Adding him to the team deepens our industry expertise and strengthens our efforts in providing a powerhouse of data analytics supported by a team of experts with decades of experience."
Prior to joining Interthinx, Subar served in various roles as a CIO and CTO that included providing technical guidance for venture firms and heading the technology organizations in companies such as PeopleLink and Interna. Subar also worked at Inference Corporation, where he assisted in the technological build of Countrywide's CLUES system.
With dual headquarters in Calabasas, CA, and Weldon Spring, MO, ISO's Interthinx unit is a leading provider of comprehensive fraud-prevention and decision-support tools, enabling mortgage professionals to reduce risk, increase productivity and turnaround time, and maximize loan quality. Its products and services allow customers to interpret and validate loan application and third-party data electronically and detect and manage fraud while reducing future risks and mitigating losses. Interthinx's origins have equipped its team of experts with a deep understanding of the industry and vast experience in fraud prevention for which they have developed sophisticated analysis methodologies.
ISO is a leading provider of products and services that help measure, manage and reduce risk. ISO provides data, analytics and decision-support solutions to professionals in many fields, including insurance, finance, real estate, health services, government and human resources. Clients use ISO's databases and services to classify and evaluate a variety of risks and detect potential fraud. In the U.S. and around the world, ISO's services help customers protect people, property and financial assets.