Solifi, a global fintech software provider for secured finance, received an award in the Best New Services Solutions: Data and Asset Management category at the 2024 Sustainable Finance Awards.

The awards, held on 16 May in Paris, celebrate the achievements of leading finance businesses in promoting sustainability through innovation, comprehensive coverage, and rigorous use of data across Europe.

Chief Product Officer Bill Noel highlighted the company’s commitment to ESG, stating: “Our decision to invest in ESG is a result of feedback from our customers, substantial market research, and evolving regulatory requirements. As more businesses adopt sustainable finance practices, it’s imperative that we offer technology which seamlessly integrates with and enhances their ESG strategies and workflows.”

Ivan Bagaliyski, Director of Strategy and ESG Value Proposition at Solifi, emphasised the collaborative development process: “Working closely with ESG experts and customers through an early adopter programme, we have incorporated valuable insights to deliver an agile solution tailored to the secured finance industry.

“With over 30 years of experience in automotive financing and vehicle data markets, Solifi is uniquely positioned to help finance providers address compliance and regulatory needs while capturing new revenue opportunities.”

Solifi entered the competition with its new ESG Portfolio Strategist offering, designed for automotive finance providers. This cloud-native SaaS application integrates with lenders’ originations and contract management systems, enabling ESG compliance and the operationalisation of decarbonisation strategies within their portfolios.

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