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Thinksmart Selects IDS InfoLease® to Support Its Expansion Plans

MANCHESTER and LONDON, England (December 2nd, 2015) – Thinksmart Limited, a leader in the UK B2B and B2C digital, paperless, retail point of sale finance in the UK, has selected InfoLease from International Decision Systems (IDS) as its core asset finance and portfolio management system.

Thinksmart markets financial and leasing products to both consumers and businesses in the UK via retail distribution partnerships. Thinksmart chose the InfoLease 10 platform to underpin its future growth plans to build long term value by delivering innovative and differentiated financial products across the UK.

“A major factor in our decision to select InfoLease was the functional breadth to handle our business,” said David Twigg, COO at Thinksmart. “We also recognised that the open technology provided by InfoLease not only supports our current business requirements but also provides the flexibility needed to allow us to pursue new growth avenues in the future, especially in the retail / consumer finance market.”

“Thinksmart has been a long-standing and valued IDS customer for a number of years,” said Jonathan Power, Managing Director of EMEA at IDS. “As the first financial institution to deploy InfoLease 10 in Europe, this announcement represents a great endorsement of the value of IDS’s technology platform. We look forward to many more years of successful partnership with Thinksmart.”

About Thinksmart

ThinkSmart is a financial technology company, listed on the Australian Stock Exchange (ASX: TSM) and a leader in B2B and B2C digital, paperless, retail point of sale finance in the UK, since 2003. As an intermediate finance company, ThinkSmart provides differentiated products to retailers in multiple sectors at the point of sale, in-store, online and through contact centers. ThinkSmart’s products create value and advantage, as they help both consumers and business customers to choose more of the products they want, more often, where transaction values range from £250 to £15,000. ThinkSmart’s proprietary and proven technologies, include; SmartCheck an intelligent credit decision engine optimised for digital channels, e-signature providing paperless transactions for both in and out-of-store customer journeys and online basket integration.

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 more than 250 customers 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.

CONTACT:

Jonathan Power
Managing Director – EMEA
International Decision Systems
+44 7584 093408