Daimler Financial Services has selected Sword Apak’s wholesale
finance solution as part of a new global programme aimed at
improving standardisation and automation, the company has said.
Following the deployment of a new strategy called Global
Products, Processes and Systems (GPS) programme, Daimler’s
financing arm opted for a “unified stock funding solution” and
chose Sword Apak’s WFSv6 software system for the task.
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“The new wholesale finance system exemplifies our global
strategy to implement modular products, standardised processes and
integrated IT systems across more than 40 countries,” commented
Norbert Meder, Daimler Financial Services’s vice president for the
GPS programme.
“Following a rigorous selection process, Sword Apak was chosen
for its expertise and long-term experience of developing,
implementing and supporting proven Wholesale Finance technology,”
he said.
The solution design has already begun, Sword Apak has said.
The system rollout will begin in the first quarter of 2010, when
WFSv6 will be deployed in France.
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By GlobalDataAnother 11 European countries are scheduled to go live
throughout the first implementation period.
Antonio Fabrizio
