BROOKFIELD, WI - Fiserv, Inc., a global provider of financial services technology solutions, announced that ADESA Birmingham, an ADESA affiliate, was named the top performing automobile auction service of 2009 by Fiserv. ADESA Birmingham has ranked in the top three for the past three years before achieving the top spot in 2009.
In the automotive market, Fiserv provides solutions for lending, account servicing, loss and risk mitigation, lease maturity management and vehicle remarketing to banks, captive finance companies, specialty lenders and credit unions. As part of its outsourcing model for auto finance lenders, Fiserv partners with auction groups to remarket off-lease and repossessed vehicles. Fiserv managed the remarketing of 70,000 vehicles in 2009.
Fiserv has ranked auto auctions since 2001 to aid lenders seeking the greatest potential return on their outsourcing investment. Fiserv scores auctions to identify qualified partners. Rankings are tabulated to reflect overall customer service, operational efficiencies, sale
preparation and marketing with the main emphasis on sales retention.
“ADESA Birmingham has been a partner auction for more than 10 years and has worked hard toward reaching their first ever top auction award,” said Megan Haley, director of remarketing strategies at Fiserv. “The strong sales performance by ADESA Birmingham exceeded all other markets. The team at ADESA Birmingham is extremely dedicated to Fiserv and our clients.”
The second and third place auctions also have a history of strong performance. For the fourth consecutive year, Manheim Harrisonburg Auto Auction, a Manheim auction in Harrisonburg, Va., finished second in the Fiserv ranking and has consistently finished in the top three since 2001. Two auto auctions earned the third place spot – Carolina Auto Auction of Anderson, S.C., which was last year’s first place winner and Auto Auction of New England, out of Londonderry, N.H.
Fiserv would also like to recognize the auctions by region that have achieved the highest level of operational excellence in 2009.
• Northeast: Auto Auction of New England
• Southeast: Manheim Tampa
• Central: Manheim Louisville
• Midwest: Missouri Auto Auction
• Southwest: Manheim San Antonio
• West: Brasher’s Sacramento.