Launch of Solifi creates major new global finance software technology platform

Three major finance software companies, IDS, William Stucky and Associates and White Clarke Group, have been renamed as Solifi to provide a range of industry solutions on a single technology platform. The rebrand follows the acquisition by IDS of both William Stucky and Associates and White Clarke Group in the past year.

Launch of Solifi creates major new global finance software technology platform

Oct 12, 2021

Three major finance software companies, IDS, William Stucky and Associates and White Clarke Group, have been renamed as Solifi to provide a range of industry solutions on a single technology platform. The rebrand follows the acquisition by IDS of both William Stucky and Associates and White Clarke Group in the past year.

IDS enters IDC FinTech Top 100 Rankings List

IDS, a leading provider of mission-critical enterprise solutions for secured finance, has been named one of the top 100 financial technology providers in the world, ranking 69th on the 2021 IDC FinTech Rankings. This is the first time IDS has been included in the annual vendor listing from IDC Financial Insights, which recognizes the world's leading hardware, software, and service providers to the financial services industry.

IDS enters IDC FinTech Top 100 Rankings List

Sep 14, 2021

IDS, a leading provider of mission-critical enterprise solutions for secured finance, has been named one of the top 100 financial technology providers in the world, ranking 69th on the 2021 IDC FinTech Rankings. This is the first time IDS has been included in the annual vendor listing from IDC Financial Insights, which recognizes the world's leading hardware, software, and service providers to the financial services industry.

Auto Finance Leaders Strategic Plan 2021 – building lifetime customer value

A new auto finance ecosystem is needed in which funders work with dealers and suppliers, including software providers, to build the processes and systems that support a digitalised, flexible finance journey for customers, according to a report published today by the International Asset Finance Network, in association with White Clarke Group (an IDS company). The report, called ‘Auto Finance Leaders Strategic Plan 2021’, reveals unique insights from auto finance industry leaders on the importance of changing the traditional business cycle to create products that drive revenue through renewal and long-term customer loyalty.

Auto Finance Leaders Strategic Plan 2021 – building lifetime customer value

Aug 18, 2021

A new auto finance ecosystem is needed in which funders work with dealers and suppliers, including software providers, to build the processes and systems that support a digitalised, flexible finance journey for customers, according to a report published today by the International Asset Finance Network, in association with White Clarke Group (an IDS company). The report, called ‘Auto Finance Leaders Strategic Plan 2021’, reveals unique insights from auto finance industry leaders on the importance of changing the traditional business cycle to create products that drive revenue through renewal and long-term customer loyalty.

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IDS partners with digital transformation specialist Tamarack to drive IDScloud adoption

Secured finance technology provider IDS has signed a strategic partnership agreement with Tamarack Technologies, a leading provider of digital transformation services and solutions for equipment finance, as demand builds from firms looking to migrate to its end-to-end SaaS solution IDScloud.

IDS partners with digital transformation specialist Tamarack to drive IDScloud adoption

Jul 20, 2021

Secured finance technology provider IDS has signed a strategic partnership agreement with Tamarack Technologies, a leading provider of digital transformation services and solutions for equipment finance, as demand builds from firms looking to migrate to its end-to-end SaaS solution IDScloud.

IDS extends ABL offering on IDScloud

Secured finance technology provider IDS is providing asset-based lenders with easy access to real-time portfolio insights following the migration of IDS ABL to IDScloud, its Software-as-a-Service-based solution. The move provides a more intuitive experience for customers and enables self-service funding requests and document submission.

IDS extends ABL offering on IDScloud

Jul 08, 2021

Secured finance technology provider IDS is providing asset-based lenders with easy access to real-time portfolio insights following the migration of IDS ABL to IDScloud, its Software-as-a-Service-based solution. The move provides a more intuitive experience for customers and enables self-service funding requests and document submission.

Learning lessons from Nike – Daniela Weitmann, head of global digital transformation, DLL

The new head of global digital transformation at DLL has revealed how her extensive experience outside the industry will help reshape the asset finance journey for customers. Daniela Weitmann, head of global digital transformation at DLL, spoke during a Fireside Chat hosted by the International Asset Finance Network, in association with White Clarke Group, an IDS company.

Learning lessons from Nike – Daniela Weitmann, head of global digital transformation, DLL

Jun 20, 2021

The new head of global digital transformation at DLL has revealed how her extensive experience outside the industry will help reshape the asset finance journey for customers. Daniela Weitmann, head of global digital transformation at DLL, spoke during a Fireside Chat hosted by the International Asset Finance Network, in association with White Clarke Group, an IDS company.

Future of asset finance in focus during IAFN debate with Richard Jones, Lloyds Banking Group’s motor finance and leasing MD

An in-depth discussion with Richard Jones, managing director of motor finance and leasing at Lloyds Banking Group, has revealed six key trends in asset finance that could shape the industry's future development. You can download a detailed summary of the debate using the form below. During the discussion, hosted by the International Asset Finance Network, in association with global asset finance software specialist White Clarke Group (an IDS company), he provided insights on issues including the future of subscription services, how growing demand for plug-in cars may affect the used car market and why a co-ordinated approach is vital to achieving a review of the Consumer Credit Act.

Future of asset finance in focus during IAFN debate with Richard Jones, Lloyds Banking Group’s motor finance and leasing MD

Jun 09, 2021

An in-depth discussion with Richard Jones, managing director of motor finance and leasing at Lloyds Banking Group, has revealed six key trends in asset finance that could shape the industry's future development. You can download a detailed summary of the debate using the form below. During the discussion, hosted by the International Asset Finance Network, in association with global asset finance software specialist White Clarke Group (an IDS company), he provided insights on issues including the future of subscription services, how growing demand for plug-in cars may affect the used car market and why a co-ordinated approach is vital to achieving a review of the Consumer Credit Act.

Brendan Gleeson appointed chief strategy officer to drive innovation at IDS

Secured finance software provider, IDS, has announced the appointment of Brendan Gleeson (pictured above) as chief strategy officer. Gleeson’s primary responsibility in the newly-created position will be to drive innovation. As the former group chief executive officer of White Clarke Group, Gleeson’s appointment marks the latest stage in IDS’ acquisition of the company. The merger of the two companies has formed a technology powerhouse that provides a range of software for the equipment, automotive and working capital finance sectors.

Brendan Gleeson appointed chief strategy officer to drive innovation at IDS

Jun 03, 2021

Secured finance software provider, IDS, has announced the appointment of Brendan Gleeson (pictured above) as chief strategy officer. Gleeson’s primary responsibility in the newly-created position will be to drive innovation. As the former group chief executive officer of White Clarke Group, Gleeson’s appointment marks the latest stage in IDS’ acquisition of the company. The merger of the two companies has formed a technology powerhouse that provides a range of software for the equipment, automotive and working capital finance sectors.

IDS completes acquisition of White Clarke Group to form software tech powerhouse

IDS Group, a secured finance software provider, has announced it the successful acquisition of White Clarke Group, a provider of retail, fleet, wholesale and asset finance software solutions for the automotive and equipment finance markets. The combination creates a multi-asset class secured finance technology powerhouse to support banks, independents, OEM captive and independent finance firms globally.

IDS completes acquisition of White Clarke Group to form software tech powerhouse

Jun 01, 2021

IDS Group, a secured finance software provider, has announced it the successful acquisition of White Clarke Group, a provider of retail, fleet, wholesale and asset finance software solutions for the automotive and equipment finance markets. The combination creates a multi-asset class secured finance technology powerhouse to support banks, independents, OEM captive and independent finance firms globally.

White Clarke Group to sell to IDS

UK headquartered White Clarke Group is to be acquired by US-headquartered IDS in a deal due to complete by the end of quarter 2, 2021, it was announced this Wednesday. The acquisition was the second to be announced in as many months by IDS, who also acquired ABL and factoring software providers William Stucky and Associates in February. The resulting business will offer a comprehensive range of asset finance solutions, including equipment finance, automotive finance, and working capital solutions globally.

White Clarke Group to sell to IDS

Apr 08, 2021

UK headquartered White Clarke Group is to be acquired by US-headquartered IDS in a deal due to complete by the end of quarter 2, 2021, it was announced this Wednesday. The acquisition was the second to be announced in as many months by IDS, who also acquired ABL and factoring software providers William Stucky and Associates in February. The resulting business will offer a comprehensive range of asset finance solutions, including equipment finance, automotive finance, and working capital solutions globally.

How SGEF is Navigating through the post-Covid landscape

The impact of digitalisation and sustainability on the future of asset finance were the focus of the first session in a major new seminar series organised by the International Asset Finance Network Online. In a series of ‘Fireside Chats’ throughout 2021, industry leaders will share their thoughts on the key trends that are affecting the auto and equipment finance markets and reveal their expert views on how the market is changing. The first of the sessions, supported by global asset finance software specialist White Clarke Group, featured Florence Roussel-Pollet, chief commercial officer of Societe Generale Equipment Finance (SGEF).

How SGEF is Navigating through the post-Covid landscape

Mar 11, 2021

The impact of digitalisation and sustainability on the future of asset finance were the focus of the first session in a major new seminar series organised by the International Asset Finance Network Online. In a series of ‘Fireside Chats’ throughout 2021, industry leaders will share their thoughts on the key trends that are affecting the auto and equipment finance markets and reveal their expert views on how the market is changing. The first of the sessions, supported by global asset finance software specialist White Clarke Group, featured Florence Roussel-Pollet, chief commercial officer of Societe Generale Equipment Finance (SGEF).

White Clarke Group Global Leasing Report 2021 reveals health of industry as pandemic emerged

A detailed insight into the health of the global asset finance industry launched today reveals how flexibility and innovation helped the sector respond to the emerging Coronavirus pandemic. The White Clarke Group Global Leasing Report 2021 provides an invaluable insight into the shape of the asset finance market as it entered one of the most turbulent years in its history, when the COVID-19 crisis reshaped world markets. Exclusive research in the report shows that before the pandemic, the USA benefited from strong growth, with annual volume of $473 billion, a rise of 10.5% year-on-year.

White Clarke Group Global Leasing Report 2021 reveals health of industry as pandemic emerged

Mar 01, 2021

A detailed insight into the health of the global asset finance industry launched today reveals how flexibility and innovation helped the sector respond to the emerging Coronavirus pandemic. The White Clarke Group Global Leasing Report 2021 provides an invaluable insight into the shape of the asset finance market as it entered one of the most turbulent years in its history, when the COVID-19 crisis reshaped world markets. Exclusive research in the report shows that before the pandemic, the USA benefited from strong growth, with annual volume of $473 billion, a rise of 10.5% year-on-year.

How circular economy principles will drive asset finance growth

Asset finance companies have been urged to focus on the fundamentals of business when assessing how the circular economy can drive future growth. The circular economy is based around sustainability by promoting repair, refurbishment, and recycling above the ‘take, make, waste’ approach that has driven economic growth for decades. Carmen Ene, CEO of specialist IT provider 3StepIT, told delegates at the International Asset Finance Network conference that a focus on the economic principles of the circular economy was important to drive growth.

How circular economy principles will drive asset finance growth

Jan 05, 2021

Asset finance companies have been urged to focus on the fundamentals of business when assessing how the circular economy can drive future growth. The circular economy is based around sustainability by promoting repair, refurbishment, and recycling above the ‘take, make, waste’ approach that has driven economic growth for decades. Carmen Ene, CEO of specialist IT provider 3StepIT, told delegates at the International Asset Finance Network conference that a focus on the economic principles of the circular economy was important to drive growth.

Using new technology and Open Banking to increase lending and reduce the risk of defaults

Asset finance companies can transform the way they approach risk by embracing digitalisation and the power of open banking to turn data into effective insights. Fred Kelly, chief executive officer of Credit Kudos has built its credit reference agency platform around the in-depth customer knowledge that open banking can generate, enhanced by the ‘secret sauce’ of its own analytics engine. He told an International Asset Finance Network conference that data was changing the way businesses measure affordability and risk.

Using new technology and Open Banking to increase lending and reduce the risk of defaults

Nov 23, 2020

Asset finance companies can transform the way they approach risk by embracing digitalisation and the power of open banking to turn data into effective insights. Fred Kelly, chief executive officer of Credit Kudos has built its credit reference agency platform around the in-depth customer knowledge that open banking can generate, enhanced by the ‘secret sauce’ of its own analytics engine. He told an International Asset Finance Network conference that data was changing the way businesses measure affordability and risk.

White Clarke Group unveil raft of new updates to finance application portal

UK-based finance software provider, White Clarke Group, have revealed the latest version of its CALMS Customer Direct module which aims to better support finance companies in the process of digitalising their online finance services. Designed to simplify and automate the complete end-to-end finance application journey, White Clarke Group explained that the core concept of the module is to enable customers to select finance options online, at their own pace and from the comfort of their own home.

White Clarke Group unveil raft of new updates to finance application portal

Nov 09, 2020

UK-based finance software provider, White Clarke Group, have revealed the latest version of its CALMS Customer Direct module which aims to better support finance companies in the process of digitalising their online finance services. Designed to simplify and automate the complete end-to-end finance application journey, White Clarke Group explained that the core concept of the module is to enable customers to select finance options online, at their own pace and from the comfort of their own home.

Nordea offers carbon footprint summaries to 3 million digital banking customers

Leading Nordic bank Nordea is using its digital banking services to offer customers an individual summary of their carbon footprint. The new service gives an insight into the environmental impact of daily consumption behaviour when using a payment card, to help customers make greener choices.

Nordea offers carbon footprint summaries to 3 million digital banking customers

Jan 20, 2020

Leading Nordic bank Nordea is using its digital banking services to offer customers an individual summary of their carbon footprint. The new service gives an insight into the environmental impact of daily consumption behaviour when using a payment card, to help customers make greener choices.

Finance industry warned to take action after Travelex cyber attack

As a cyber attack continues to cause severe disruption to global currency dealer Travelex, chief executives and CIOs in the finance industry face a stark question in 2020 – will we be next? In a special report, John Maslen talks to industry experts about what business leaders must do to prevent successful attacks.

Finance industry warned to take action after Travelex cyber attack

Jan 13, 2020

As a cyber attack continues to cause severe disruption to global currency dealer Travelex, chief executives and CIOs in the finance industry face a stark question in 2020 – will we be next? In a special report, John Maslen talks to industry experts about what business leaders must do to prevent successful attacks.

Why companies need to embrace digital transformation to drive competitive advantage

Companies should take a “think big, start small, scale fast” approach as they incorporate the Internet of Things into their operations, says Anthony Casciano, president and chief executive officer of Siemens Financial Services. He explains why this involves driving IoT from a business case, not pushing a technology into operations simply because of its fascinating potential.

Why companies need to embrace digital transformation to drive competitive advantage

Jan 13, 2020

Companies should take a “think big, start small, scale fast” approach as they incorporate the Internet of Things into their operations, says Anthony Casciano, president and chief executive officer of Siemens Financial Services. He explains why this involves driving IoT from a business case, not pushing a technology into operations simply because of its fascinating potential.

Why 2020 is the year of subscriptions

The subscription model is the largest trend in retail, offering a new way to source goods and services that gives customers the flexibility to switch to new products as their needs change. As more businesses, big and small, roll out a subscription offering, Wagonex chief executive officer Toby Kernon explains why it is the largest trend in retail.

Why 2020 is the year of subscriptions

Jan 07, 2020

The subscription model is the largest trend in retail, offering a new way to source goods and services that gives customers the flexibility to switch to new products as their needs change. As more businesses, big and small, roll out a subscription offering, Wagonex chief executive officer Toby Kernon explains why it is the largest trend in retail.

How Mobility-as-a-Service will transform fleet finance

New mobility models could transform fleet finance as a growing number of consumers adopt vehicle subscription services to pay for transport on demand. There will be a significant shift from private vehicle finance to corporate-funded fleets as drivers opt for bundled services, where they can receive all their motoring needs through a single service provider and payment plan. Demand for leasing or subscription will be accelerated by electric vehicles, as consumers opt for the protection of hiring vehicles rather than owning them as they test out new technology.

How Mobility-as-a-Service will transform fleet finance

Jan 07, 2020

New mobility models could transform fleet finance as a growing number of consumers adopt vehicle subscription services to pay for transport on demand. There will be a significant shift from private vehicle finance to corporate-funded fleets as drivers opt for bundled services, where they can receive all their motoring needs through a single service provider and payment plan. Demand for leasing or subscription will be accelerated by electric vehicles, as consumers opt for the protection of hiring vehicles rather than owning them as they test out new technology.