Asset finance software provider International Decision Systems (IDS) has announced the launch of IDS Analytics, a new service geared toward helping asset finance organizations make better, faster, and more consistent financing decisions.

The new IDS Analytics service utilizes sophisticated data modelling techniques and robust decisioning capabilities to provide asset finance organizations with highly predictive, customized portfolio performance measures and strategies that will improve profitability.  When asset finance companies build the intelligence provided by IDS Analytics into their decision-making process, they can achieve numerous business benefits including the ability to: 

• Improve profitability by helping organizations make more targeted and effective decisions throughout the portfolio lifecycle that can lead to large portfolio gains;
• Make faster, better decisions based on empirically-built custom models and decisioning strategies that can predict future customer behaviour;
• Ensure decision-making is consistent and always in compliance with organizational policies and regulatory rules;
• Extend credit with confidence and effectively manage risk by automatically determining which potential customer segments are worthy of approval;
• Gain market share in highly competitive environments by quickly evaluating potential customer risk, responding promptly to origination requests and increasing approvals and acceptance with better, timelier offers.

“IDS Analytics stands to be a real game changer for the asset finance industry,” said Michael Campbell, CEO of International Decision Systems. “These services allow our customers to leverage IDS’ extensive knowledge of best practices in asset finance and put rigour around decisioning that will be impacted by important regulatory rules such as Basel III.  Armed with the data intelligence needed for better decision-making, organizations can simultaneously assume less risk, address compliance concerns and enjoy higher profit margins.”

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