Banqsoft signs contract with DnB
NOR Finans

Software house Banqsoft has just signed
a major contract with Norway’s largest financial services group,
DnB NOR Finans, covering Norway, Sweden and Denmark.

The Nordic lease software specialist,
which provides software solutions for the management of credit
portfolios including leasing, floorplanning and fleet management,
said that the agreement follows a number of strategic contracts
with blue-chip financial institutions in the Nordics, including the
likes of Santander, Volkswagen and Toyota.

Commenting on the agreement, Per
Axelsen, IT development manager at DnB NOR Finans, said: “We
believe that the modern and flexible platform of Banqsoft will
reduce our operational costs significantly, giving us the ability
to focus more on customer processes and the distribution of
products.”

Banqsoft is also expanding its business
in Central and Eastern Europe, having recently signed a contract
with Raiffeisen Leasing, the Vienna-headquartered lessor with a
large Eastern European network.

The company has offices in Oslo,
Stockholm, Helsinki, Warsaw and Gdansk, and is headed by Stefan
Niemi.

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IDS releases new version of
ProFinia

Leasing industry software producer
International Decision Systems (IDS) has announced the release of
ProFinia 4.2, the latest version of the company’s lease and loan
portfolio management tool.

ProFinia 4.2 reflects the trend of
lessors incorporating other types of lending into their product
offering, with extended support for what IDS calls a “comprehensive
offering of loan products and related functionality”.

The software house said that ProFinia
Release 4.2 provides “a range of new capabilities to increase
sales, improve efficiencies and customer satisfaction, and meet
global operational needs”.

These include support for fixed rate
and variable rate lending, mortgage-style repayment schedules and
configurable end of term loan options, among other features.

“Leading asset financing organisations
continue to look to IDS for global operational improvements as well
as the ability to close new business,” said IDS vice-president of
products, services, and support, Gerry Perham.

“This new release is another example of
the investment IDS continues to make to enable our customers to
expand their offerings and improve portfolio management
efficiencies.”

White Clarke Group scoops FGA
Group

Italy’s FGA Capital has completed the
implementation of White Clarke Group (WCG)’s point-of-sale solution
CALMS.

The captive, a joint venture between
Italy’s car manufacturer Fiat and Crédit Agricole, recently took
over the Jaguar Land Rover (JLR) brands and needed to implement a
rapid solution for the new business. It appointed the international
lease software provider for the task.

WCG said the major challenge was “an
immovable deadline with just a three-month delivery window”, but
the software house managed to deploy the CALMS application on time
and on budget.

WCG sales and marketing director
Brendan Gleeson said: “It was very much a joint effort. Our own
project people and the FGA project team quickly gelled in to a
single unit with a common goal.”

Brian Williams, FGA Capital’s
commercial director, said: “It is a huge step forward and our
people are very happy with it. It is completely web-based and we
have real control.”

“Being able to configure the system
internally gives us that all-important speed to market.”