Solifi’s latest ABL release enhances real-time portfolio visibility and risk-management controls

Solifi has announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to improve the lender and borrower experience through self-service functionality, gain insights into portfolio risk, and increase efficiencies through enhanced audit compliance and visibility. Solifi’s ongoing product development delivers innovation quickly through its software-as-a-service (SaaS)-based open finance platform, allowing customers to focus on building their business and onboarding new customers.

Solifi’s latest ABL release enhances real-time portfolio visibility and risk-management controls

Nov 09, 2022

Solifi has announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to improve the lender and borrower experience through self-service functionality, gain insights into portfolio risk, and increase efficiencies through enhanced audit compliance and visibility. Solifi’s ongoing product development delivers innovation quickly through its software-as-a-service (SaaS)-based open finance platform, allowing customers to focus on building their business and onboarding new customers.

Solifi ABL passes $1bn in loans outstanding on SaaS platform

Solifi, a global fintech software partner for secured finance, announced its Solifi Asset-Based Lending (ABL) software-as-a-service (SaaS) solution on its open finance platform now supports more than $1bn in loans outstanding for lenders globally.

Solifi ABL passes $1bn in loans outstanding on SaaS platform

Nov 08, 2022

Solifi, a global fintech software partner for secured finance, announced its Solifi Asset-Based Lending (ABL) software-as-a-service (SaaS) solution on its open finance platform now supports more than $1bn in loans outstanding for lenders globally.

Solifi selected for great places to work list by The Secured Lender

The Secured Lender have named Solifi in its inaugural 2022 Great Places to Work list. This recognition is testament to Solifi’s commitment in attracting and retaining talent through a range of initiatives, including an entrepreneurial company culture, competitive compensation, diversity, equity, and inclusion (DEI), work-life balance, and attractive perks.

Solifi selected for great places to work list by The Secured Lender

Oct 31, 2022

The Secured Lender have named Solifi in its inaugural 2022 Great Places to Work list. This recognition is testament to Solifi’s commitment in attracting and retaining talent through a range of initiatives, including an entrepreneurial company culture, competitive compensation, diversity, equity, and inclusion (DEI), work-life balance, and attractive perks.

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Solifi named top 10 banking tech solution provider by MyTechMag

Solifi, a global fintech software partner for secured finance, announced MyTechMag named Solifi as one of the world’s top 10 banking technology solution providers in 2022. Solifi was recognised for its innovative fintech solutions built on the company’s software-as-a-service (SaaS)-based open finance platform.

Solifi named top 10 banking tech solution provider by MyTechMag

Sep 30, 2022

Solifi, a global fintech software partner for secured finance, announced MyTechMag named Solifi as one of the world’s top 10 banking technology solution providers in 2022. Solifi was recognised for its innovative fintech solutions built on the company’s software-as-a-service (SaaS)-based open finance platform.

Solifi Wholesale Finance release delivers enhanced asset risk management 

Solifi, a global fintech software partner for secured finance, have announced the release of its latest version of Solifi Wholesale Finance SaaS solution, which includes several new automated features to better manage inventory audits, provide real-time reconfirmation of order commitments, and further streamline transactions. As more dealers and wholesale finance lenders look to replace manual and repetitive processes with digital solutions, these latest features deliver smarter ways to finance and manage assets through automation.

Solifi Wholesale Finance release delivers enhanced asset risk management 

Sep 28, 2022

Solifi, a global fintech software partner for secured finance, have announced the release of its latest version of Solifi Wholesale Finance SaaS solution, which includes several new automated features to better manage inventory audits, provide real-time reconfirmation of order commitments, and further streamline transactions. As more dealers and wholesale finance lenders look to replace manual and repetitive processes with digital solutions, these latest features deliver smarter ways to finance and manage assets through automation.

Solifi named in 2022 IDC FinTech Top 100

For the second consecutive year, global fintech software partner for secured finance, Solifi™ announced it was named in the 2022 IDC FinTech Rankings. The 19th annual vendor ranking recognises the world’s top 100 leading hardware, software, and service providers to the financial services industry.

Solifi named in 2022 IDC FinTech Top 100

Sep 12, 2022

For the second consecutive year, global fintech software partner for secured finance, Solifi™ announced it was named in the 2022 IDC FinTech Rankings. The 19th annual vendor ranking recognises the world’s top 100 leading hardware, software, and service providers to the financial services industry.

Kawasaki Motors Finance Corporation optimizes with Solifi’s Wholesale Finance platform

Solifi™, a global fintech software partner for secured finance, announced Kawasaki Motors Finance Corporation (KMFC) – the captive finance arm of Kawasaki Motors Corp. U.S.A., an established global distributor of powersports vehicles – migrated its entire U.S. operations to the Solifi Wholesale Finance software-as-a-service (SaaS) platform in December 2021. This implementation moved 1,700 dealers and 53,000 loans from an ageing legacy mainframe to modernized technology for a seamless user experience that provides solutions to optimize and grow KMFC’s business.

Kawasaki Motors Finance Corporation optimizes with Solifi’s Wholesale Finance platform

Sep 07, 2022

Solifi™, a global fintech software partner for secured finance, announced Kawasaki Motors Finance Corporation (KMFC) – the captive finance arm of Kawasaki Motors Corp. U.S.A., an established global distributor of powersports vehicles – migrated its entire U.S. operations to the Solifi Wholesale Finance software-as-a-service (SaaS) platform in December 2021. This implementation moved 1,700 dealers and 53,000 loans from an ageing legacy mainframe to modernized technology for a seamless user experience that provides solutions to optimize and grow KMFC’s business.

Solifi’s latest ABL release elevates customer and lender experience 

Solifi™, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to provide a richer experience for customers and lenders, mitigate risk, and streamline processes.

Solifi’s latest ABL release elevates customer and lender experience 

Aug 31, 2022

Solifi™, a global fintech software partner for secured finance, announced the release of its latest version of Solifi Asset-Based Lending (ABL) software, which includes several new and enhanced features designed to provide a richer experience for customers and lenders, mitigate risk, and streamline processes.

Solifi launches SaaS pricing solution

Solifi, a global fintech software partner for secured finance, announced the launch of its software-as-a-service (SaaS)-based lease and loan pricing solution for the US equipment and automotive finance industries. The SaaS version of Solifi’s pricing tool provides users with enhanced pricing and reporting functionality – from simple loans to complex leases. Available on Solifi’s Open Finance Platform, the pricing solution is consumption-based rather than priced per user, making it cost-effective for any size secured finance organisation and provides the ability to quickly scale as needed.

Solifi launches SaaS pricing solution

Aug 16, 2022

Solifi, a global fintech software partner for secured finance, announced the launch of its software-as-a-service (SaaS)-based lease and loan pricing solution for the US equipment and automotive finance industries. The SaaS version of Solifi’s pricing tool provides users with enhanced pricing and reporting functionality – from simple loans to complex leases. Available on Solifi’s Open Finance Platform, the pricing solution is consumption-based rather than priced per user, making it cost-effective for any size secured finance organisation and provides the ability to quickly scale as needed.

BMW Group Financial Services: changing gear to support auto finance customer needs

Asset Finance Connect to interview Mike Dennett, CEO of BMW Group Financial Services, and Spencer Halil, CCO of Alphabet, live online In an exclusive Asset Finance Connect webcast interview on 25 August, Mike Dennett, CEO of BMW Group Financial Services (GB) Limited and Spencer Halil, CCO of Alphabet (GB) Limited will discuss the UK auto finance industry and the challenges it currently faces. Together with AFC content leader David Betteley, they will consider the transition to BEV, supply chain issues, interest rate rises, cost-of-living crisis, and the new Consumer Duty regulation.

BMW Group Financial Services: changing gear to support auto finance customer needs

Aug 12, 2022

Asset Finance Connect to interview Mike Dennett, CEO of BMW Group Financial Services, and Spencer Halil, CCO of Alphabet, live online In an exclusive Asset Finance Connect webcast interview on 25 August, Mike Dennett, CEO of BMW Group Financial Services (GB) Limited and Spencer Halil, CCO of Alphabet (GB) Limited will discuss the UK auto finance industry and the challenges it currently faces. Together with AFC content leader David Betteley, they will consider the transition to BEV, supply chain issues, interest rate rises, cost-of-living crisis, and the new Consumer Duty regulation.

Sharp drop in petrol and diesel fleets by 2025

Just half (50%) of vans and a little over a quarter (28%) of UK company cars are predicted to be using petrol or diesel power alone by 2025, according to findings from the latest Arval Mobility Observatory Barometer, which shows fleet and mobility decision makers expect electrification of their vehicle fleets to happen at speed.

Sharp drop in petrol and diesel fleets by 2025

Aug 11, 2022

Just half (50%) of vans and a little over a quarter (28%) of UK company cars are predicted to be using petrol or diesel power alone by 2025, according to findings from the latest Arval Mobility Observatory Barometer, which shows fleet and mobility decision makers expect electrification of their vehicle fleets to happen at speed.

BCA Partner Finance extends Solifi Wholesale Finance contract

Solifi, a global fintech software provider for secured finance, has announced that British Car Auctions (BCA) has extended its Solifi platform contract to support the expansion of its wholesale finance offering. BCA Partner Finance processes more than 100,000 contracts and £1billion of funding per annum, and Solifi’s software-as-a-service (SaaS) technology offers BCA’s customers using the scheme greater flexibility in the stocking decisions they make, and the service frees up capital to enable investments in growth.

BCA Partner Finance extends Solifi Wholesale Finance contract

Aug 11, 2022

Solifi, a global fintech software provider for secured finance, has announced that British Car Auctions (BCA) has extended its Solifi platform contract to support the expansion of its wholesale finance offering. BCA Partner Finance processes more than 100,000 contracts and £1billion of funding per annum, and Solifi’s software-as-a-service (SaaS) technology offers BCA’s customers using the scheme greater flexibility in the stocking decisions they make, and the service frees up capital to enable investments in growth.

Solifi names Mithu Bhargava as president

Global fintech software specialist Solifi has named Mithu Bhargava as its first president, a newly created position on the executive team. Bhargava, formerly with NCR, brings more than 20 years of operational leadership to drive the delivery of scalable, sustainable, high-performing software-as-a-service (SaaS) products for the secured finance industry, as Solifi, formed of IDS, William Stucky and Associates and White Clarke Group, builds on its growth momentum.

Solifi names Mithu Bhargava as president

Jul 12, 2022

Global fintech software specialist Solifi has named Mithu Bhargava as its first president, a newly created position on the executive team. Bhargava, formerly with NCR, brings more than 20 years of operational leadership to drive the delivery of scalable, sustainable, high-performing software-as-a-service (SaaS) products for the secured finance industry, as Solifi, formed of IDS, William Stucky and Associates and White Clarke Group, builds on its growth momentum.

Solifi partners with EQ Riskfactor to offer integrated risk-management technology

Solifi has announced its latest technology partnership with EQ Riskfactor, a leading global provider of risk management software for the commercial finance market. Together, the two companies will offer asset-based lending (ABL) customers direct line of sight into collateral risk and performance in real-time. Rather than relying on historical trends and physical audits, ABL lenders can now see what’s happening to their loan or risk exposure online daily and take proactive steps to protect and manage their business.

Solifi partners with EQ Riskfactor to offer integrated risk-management technology

Jun 16, 2022

Solifi has announced its latest technology partnership with EQ Riskfactor, a leading global provider of risk management software for the commercial finance market. Together, the two companies will offer asset-based lending (ABL) customers direct line of sight into collateral risk and performance in real-time. Rather than relying on historical trends and physical audits, ABL lenders can now see what’s happening to their loan or risk exposure online daily and take proactive steps to protect and manage their business.

Solifi Global Leasing Report 2022 reveals industry resilience in the face of pandemic challenges

A new report launched today provides a detailed insight into the impact of the global pandemic on the international asset finance industry and predicts a return to health for the market this year. The Solifi Global Leasing Report uncovers the real-world impact of the crisis as it unfolded, resulting in significant business reductions around the globe, but also some unexpected highlights.

Solifi Global Leasing Report 2022 reveals industry resilience in the face of pandemic challenges

Mar 02, 2022

A new report launched today provides a detailed insight into the impact of the global pandemic on the international asset finance industry and predicts a return to health for the market this year. The Solifi Global Leasing Report uncovers the real-world impact of the crisis as it unfolded, resulting in significant business reductions around the globe, but also some unexpected highlights.

A green recovery prompts investments in greener asset finance

By 2030, the world will look very different from today – and asset finance must act to keep up with the growth in green outlooks, a newly-launched report concludes. In a new whitepaper, ‘Green growth for asset finance companies’, SaaS (software-as-a-service) open finance technology company Solifi reveals how asset finance companies can redefine the business landscape over the next decade by making a conscious effort to support greener assets for their customers.

A green recovery prompts investments in greener asset finance

Mar 02, 2022

By 2030, the world will look very different from today – and asset finance must act to keep up with the growth in green outlooks, a newly-launched report concludes. In a new whitepaper, ‘Green growth for asset finance companies’, SaaS (software-as-a-service) open finance technology company Solifi reveals how asset finance companies can redefine the business landscape over the next decade by making a conscious effort to support greener assets for their customers.

Solifi contract renewed by Exeter Finance

Global finance technology supplier Solifi has seen Exeter Finance extend its agreement to use the Solifi (formerly IDS and White Clarke Group) platform in more than 11,000 US auto dealerships. The indirect automotive finance provider first selected Solifi Originations software in 2013 for its ability to efficiently process high volumes of loan applications, which have now grown to more than 500,000 per month.

Solifi contract renewed by Exeter Finance

Feb 17, 2022

Global finance technology supplier Solifi has seen Exeter Finance extend its agreement to use the Solifi (formerly IDS and White Clarke Group) platform in more than 11,000 US auto dealerships. The indirect automotive finance provider first selected Solifi Originations software in 2013 for its ability to efficiently process high volumes of loan applications, which have now grown to more than 500,000 per month.