IBERIABANK’s Corporate Asset Finance Subsidiary Selects InfoLease 10 from IDS to Manage New Equipment Finance Operations
Minneapolis, MN (October 19, 2017) — International Decision Systems (IDS), the leading provider of equipment finance software, announced that IBERIA Corporate Asset Finance, Inc., a subsidiary of IBERIABANK, has selected InfoLease 10 as its platform to power IBERIA’s newly-launched equipment finance and leasing business.
IBERIA Corporate Asset Finance will leverage InfoLease 10 to manage its leases and loans secured primarily by capital equipment as well as loan and tax equity investments in renewable energy projects. IBERIA is part of a recent surge in momentum of new and existing IDS customers who are in various stages of upgrading to the open and highly extensible InfoLease 10 platform.
“We chose InfoLease 10 because it was critical for us to know we were investing in a best-in-class product from a reputable software partner,” said Scott McClain, Senior Vice President, IBERIA Corporate Asset Finance. “IDS and InfoLease 10’s capabilities come highly recommended across the industry. We are confident it is the right platform to help us manage the complexities of our growing portfolio.”
InfoLease is the top portfolio management solution in global asset finance managing millions of assets and more than $250 billion in financed goods across all asset classes and ticket sizes.
“We look forward to helping IBERIA’s leasing program get a jump start by running efficiently right from the start,” said Katie Emmel, COO at IDS. “By selecting InfoLease 10, IBERIA will be able to adapt quickly to ever-changing technology and customer needs which will well-position the business for sustainable growth in the years to come.”
About IBERIABANK Corporation
IBERIABANK Corporation is a financial holding company with 300 combined offices, including 203 bank branch offices and one loan production office in Louisiana, Arkansas, Tennessee, Alabama, Texas, Florida, Georgia, and South Carolina, 24 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 63 locations in 10 states. The Company has eight locations with representatives of IBERIA Wealth Advisors in four states, and one IBERIA Capital Partners L.L.C. office in New Orleans.
About International Decision Systems
IDS is the leading global provider of software and solutions for the equipment and asset finance industry. As the most trusted software provider, IDS has a proven track record of serving hundreds of customers, including 50 plus smaller, independent companies, in over 30 countries around the world. IDS solutions are powerful and functionally-rich, yet flexible to meet each organization’s business needs. Customers appreciate being part of a large, global user community supported by the strongest platform and the most experienced software provider in equipment finance. Headquartered in Minneapolis, MN, the company also has offices in the United Kingdom, Australia, Singapore and India. For additional information, visit www.idsgrp.com or email firstname.lastname@example.org.
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