Black Book announced its latest solution for auto creditors, the asset verification tool.

The tool adds confidence to the calculated loan-to-value (LTV) ratio by confirming the trim and options on a given vehicle.

Black Book also provides the data included in Asset Verification Tool as an API for direct integration with automated approval systems or loan origination systems.

Asset verification tool uses Black Book’s enhanced vehicle matching (EVM), a VIN-level identification process powered by machine learning and OEM build data that matches 17-digit VINs to a single trim and any applicable add/deducts.