TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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July 20, 2021
Source: IDS
Tamarack Technologies to support digital transformation of the equipment finance industry through the deployment of IDScloud
IDS, a leading provider of mission-critical enterprise solutions for secured finance today announced it has signed a strategic partnership agreement with Tamarack Technologies, Inc., a leading provider of digital transformation services and solutions for equipment finance. The partnership will capitalize on the increasing demand for IDScloud and accelerate the migration of equipment finance firms to the leading end-to-end SaaS solution for equipment finance.
“We are excited to partner with Daniel Nelson and the innovative team at Tamarack,” stated Katie Emmel, IDS’ Chief Operating Officer. “Tamarack has built a great reputation in the market over many years and with their dedicated focus to the equipment finance industry are well positioned to support our strategy. Tamarack provides a wealth of industry and technical expertise and complementary solutions to this partnership. As demand for digital transformation continues to increase, especially as organizations move to the cloud, Tamarack brings the right combination of skills and technologies to support the growing number of equipment finance firms migrating to IDScloud.”
An independent software and technology services provider, Tamarack has been helping lessors realize greater value from their operations through innovation and integration for more than 20 years. Through this partnership, Tamarack will leverage its extensive knowledge of the U.S. equipment finance market to support IDS in identifying new IDScloud opportunities, provide consulting services to support customer onboarding to IDScloud and providing a suite of data, IoT and workflow automation solutions to IDS clients.
“Tamarack and IDS share a digital vision to bring innovation to the equipment finance market,” said Tamarack founder and CEO Daniel Nelson. “There has been a marked shift in the need to embrace digital transformation and specifically cloud-based solutions. As a result, companies across the equipment finance ecosystem are seeking solutions for capturing and using operational and other types of data to streamline the decision-making process and improve customer service. We are excited to join IDS in the advancing this vision. Being part of the IDS marketplace enables us to create the pathways for integration and value-added applications.”
IDScloud is a secure, open, and scalable platform delivering a full range of secured finance applications including, equipment finance, asset-based lending, factoring, and automotive finance solutions. With strong investment, IDScloud customers benefit from ongoing innovation, scale, data access, and an increasing number of leading third-party integrations built into the platform. This unique combination of capabilities delivers a comprehensive solution to meet the ever-evolving needs of the secured finance industry.
About Tamarack Technology, Inc.
Tamarack Technology, Inc. is a leading provider of independent software, operational, and technology services supporting the equipment finance industry. For more than 20 years, Tamarack has been helping lessors protect their investments, improve business performance, and provide customers with access to solutions that enhance operations. The company integrates and supports origination and portfolio management systems as well as critical functions such as lease accounting, sales tax, insurance and UCC compliance. Tamarack's software products connect and integrate key ecosystem applications with real-time data. The company also provides integration, implementation, and data migration services, as well as automation products for several leading industry portfolio management platforms. For more information, please email discover@tamaracknow.com or visit www.tamaracknow.com.
About IDS
IDS offers a suite of secured finance technologies in the equipment finance, working capital, and automotive finance sectors, helping banks, specialty finance firms, and OEM captive organizations drive operational efficiency, build their businesses, and fuel economic growth. Organizations of all sizes rely on our technologies and consultative services to optimize and automate business processes covering the full digital customer journey. Our software solutions are built on IDScloud, a true software-as-a-service (SaaS) platform that offers best-in-class simplicity, scalability, and affordability. Co-headquartered in Minneapolis, Minn. and Milton Keynes, U.K., IDS serves more than 300 customers across North America, Europe, and Asia Pacific.
For additional information:
www.idsgrp.com | information@idsgrp.com | follow us on LinkedIn
Media Contact: Anna Lepp | alepp@idsgrp.com | +44 7715 493 613
