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.

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Solifi closes record year of growth with new global website

Global finance technology company Solifi is celebrating a transformational year of growth in 2021, which saw the business bring together three leading companies, and has launched a new website showcasing its portfolio of solutions. The cloud-based company now serves more than 300 secured finance customers in the automotive, equipment, wholesale, and working capital finance markets.

Solifi closes record year of growth with new global website

Feb 03, 2022

Global finance technology company Solifi is celebrating a transformational year of growth in 2021, which saw the business bring together three leading companies, and has launched a new website showcasing its portfolio of solutions. The cloud-based company now serves more than 300 secured finance customers in the automotive, equipment, wholesale, and working capital finance markets.

Solifi joins BlackBerry IVY Advisory Council to enhance connected vehicle future

Solifi has become the first automotive finance technology provider to join the BlackBerry IVY Advisory Council. The collaboration will integrate BlackBerry IVY with Solifi’s open finance platform to provide a reliable and secure way to access a broad catalogue of vehicle sensor data to enhance existing value-added services, optimize business operations, and power a new wave of innovative products and services for OEMs and auto finance providers.

Solifi joins BlackBerry IVY Advisory Council to enhance connected vehicle future

Jan 28, 2022

Solifi has become the first automotive finance technology provider to join the BlackBerry IVY Advisory Council. The collaboration will integrate BlackBerry IVY with Solifi’s open finance platform to provide a reliable and secure way to access a broad catalogue of vehicle sensor data to enhance existing value-added services, optimize business operations, and power a new wave of innovative products and services for OEMs and auto finance providers.

Potential new ‘Golden Age’ of asset finance ahead

The disruption caused by the pandemic has reinforced the need for the asset finance sector to be agile and reactive, and lenders who built strong bonds with their customers and vendor partners have reaped the benefits. Now the industry needs to adopt the same approach to deal with the challenges presented by the sustainability agenda, according to Jochen Jehmlich, CEO at Société Generale Equipment Finance (SGEF). Speaking at an Asset Finance Connect Senior Executives Fireside Chat, sponsored by Solifi, Jehmlich predicted a potential “golden age for asset finance to come”, pointing out that the urgent need for businesses and the whole economy to adopt climate-friendly ways of operating means that all assets will need to become greener.

Potential new ‘Golden Age’ of asset finance ahead

Dec 10, 2021

The disruption caused by the pandemic has reinforced the need for the asset finance sector to be agile and reactive, and lenders who built strong bonds with their customers and vendor partners have reaped the benefits. Now the industry needs to adopt the same approach to deal with the challenges presented by the sustainability agenda, according to Jochen Jehmlich, CEO at Société Generale Equipment Finance (SGEF). Speaking at an Asset Finance Connect Senior Executives Fireside Chat, sponsored by Solifi, Jehmlich predicted a potential “golden age for asset finance to come”, pointing out that the urgent need for businesses and the whole economy to adopt climate-friendly ways of operating means that all assets will need to become greener.

Solifi builds Q3 momentum with Pan-European growth in asset and automotive finance

Solifi (formerly IDS, William Stucky & Associates, and White Clarke Group) has announced several key successes across Europe, with leading equipment and automotive finance companies opting to work with the global fintech software specialist for secured finance to transform their business operations and expand their geographical reach with multi-country implementations.

Solifi builds Q3 momentum with Pan-European growth in asset and automotive finance

Nov 18, 2021

Solifi (formerly IDS, William Stucky & Associates, and White Clarke Group) has announced several key successes across Europe, with leading equipment and automotive finance companies opting to work with the global fintech software specialist for secured finance to transform their business operations and expand their geographical reach with multi-country implementations.

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.

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.