Global Debt Registry Launches the Global Financial Service Industry?s First A/R Titling Platform

Wilmington, Del. — Global Debt Registry is pleased to announce the launch of GDR-5.1, its next-generation accounts receivable (AR) titling, data integrity, and media management platform. The new platform is the industry’s first PCI-compliant accounts receivable platform based on Oracle’s JD Edwards EnterpriseOne application suite. GDR-5.1 delivers significant improvements in features, speed, security, and customization.

"GDR-5.1 is the most advanced, fully integrated, and reliable enterprise management tool to be launched in the ARM industry," said Greg Ousley, Chief Executive Officer. "It is the only single-entry-point platform for buyers and sellers to easily and quickly facilitate transactions including information requests and fulfillment, electronic debt titling, data storage, and on-going data integrity audits. It handles all aspects of the media-management process including requests, fulfillment, and tracking."

User acceptance is complete and the new release is now in production. GDR-5.1 can be easily customized for any titling, data integrity, and media-management need with very little—if any—development required of the user. Users can easily transmit and receive data while meeting the most stringent regulatory and industry data protection requirements such as PCI-DSS compliance.

Mark Parsells, Executive Chairman added, "Our new platform was built to service global financial organizations. Our focus is on providing massive scalability combined with best-in-class customer data security standards. GDR-5.1 is designed for optimum flexibility so that users can quickly adapt to new requirements and changing needs of the business. We are prepared to quickly customize the platform for any client need. Our world-class development team is comprised of JD Edwards specialists with more than 60 years of combined EnterpriseOne experience. We have extensive expertise in rapidly taking customer business requirements from concept to reality. Members of the development team have worked on various multi-million dollar national and international JD Edwards implementation projects for a wide range of clients including Goldman Sachs, General Electric, and Wal-Mart. Issuers can be confident our technology is the state-of-the-art, secure, and offers extremely easy integration.”

The platform has been integrated into the company’s national ongoing acceptance testing for GDR’s account titling solution. With GDR-5.1, Global Debt Registry continues its leadership role in establishing a higher standard for the way account-level ownership is proven. The data flow, document integrity, and debt collection cycle are more effectively managed and more favorably viewed by the industry, courts, consumers, and regulators.

For more information contact Greg Ousley, CEO, Global Debt Registry at 866-660–2341, or visit www.globaldebtregistry.com.

About Global Debt Registry
Global Debt Registry delivers significant consumer protections as well as measurable ROI benefits to all participants in the Accounts Receivable Industry by providing the nation’s only proven AR titling solution. GDR’s solution includes a comprehensive Account Integrity Management Program, chain of title, and customizable turnkey media management solutions. The primary purpose of the registry is to maintain the integrity of traded data (validated debt), maintain accurate ownership (chain of title), and provide automated access for maintaining media integrity and customizable media fulfillment both in the performing and non-performing ARM industry markets.