Solifi Added 15 New Customers, Completed 25 Go-Lives in 2021

In 2021, Solifi (formerly IDS), a global software provider for the secured finance industry, finalized its acquisitions of William Stucky and Associates and White Clarke Group, rebranded, launched a new website, added 15 new customers and completed 25 go-lives.

“We want our customers to win,” David Hamilton, CEO of Solifi, said. “Over the past year, we brought together three leading companies, which expanded our solutions portfolio to serve a global customer base of more than 300 firms under the Solifi brand. Our market-leading products give secured finance customers an advantage by enabling them to realize the full potential of their business. Solifi’s goal is to provide technology that helps our customers grow and help them serve their customers better.”

Solifi’s website was designed to enhance the customer experience with:

  • Customer-focused content that addresses problems that keep secured finance lenders up at night and educates them on how Solifi can support their growth

  • A searchable resource center for finance technology news, blog, eBooks and success stories

  • A design organized by secured finance customer type (automotive, equipment, wholesale and working capital finance), products (originations, portfolio management, wholesale finance, lease and loan pricing, asset-based lending, factoring and vehicle data) and secured finance customer type (automotive, equipment, wholesale and working capital finance)

With the addition of 15 new customers and 25 go-lives in 2021, Solifi now serves more than 300 secured finance customers in the automotive, equipment, wholesale and working capital finance markets. Among the 15 new customers Solifi added in 2021, one was a top 20 U.S. equipment financing firm, five were U.S. commercial banks and two were banks in the UK. Of the 25 go-lives, one was for a 14-country European rollout migrating four contract management systems into an open finance platform in seven months.

Solifi is now serving:

  • 34 of the top U.S. banks

  • Seven of the 10 largest U.S. equipment financing firms

  • Six of the top 10 UK fleet financiers

  • Five of the 10 largest Australian banks

  • Four of the largest equipment financing firms in the UK

  • Three of the five largest U.S. factors

  • Two of the three largest U.S. independents

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