Some of the press headlines following the PRA announcement of Basel 3.1 near-final rules suggest that the changes are benign and straightforward, with largely unchanged capital requirements. If only life were that simple! Specifically thinking about the asset finance market, it was announced that for standardised banks, the feared removal of the SME Support Factor […]
July 2024 The latest edition of Insight highlights a range of challenges facing finance companies, with options and solutions explored. One of the biggest challenges for finance companies renewing their contract management system is migrating legacy portfolios. Simon Harris outlines the requirements for success as well as the benefits of other available options. Simon also shares […]
As the world pivots towards a more sustainable future, investments in green and renewable assets have surged. These assets, including wind farms, solar, BESS, biomass, biogas and other renewable energy projects, promise substantial environmental and economic benefits. However, they also bring unique challenges and risks that necessitate careful consideration, particularly in terms of insurance. For […]
In the 18 months since we started our Technology & Innovation Forum, we have seen our membership quadruple, with 85 participants representing more than 50 asset and automotive financial services businesses. In some respects, we find ourselves returning to familiar, key topics - data, microservices, agile development – even revisiting the most recent developments, such […]
Trade credit insurance is seldom used in asset finance (more so in invoice finance) but can play a valuable role by facilitating increased sales, reduced capital requirements and higher profitability, as well as mitigating downside risk either on a single large transaction (or customer) or at a portfolio level. Here are some ways you could […]
We all know that selecting and deploying a contract management system (CMS) for your finance business is most likely going to be a long, and at times painful, undertaking. Whilst many vendors are working hard to improve and accelerate the implementation process, by its very nature it is difficult to find short cuts: many tasks […]
Imagine being trapped in a hall of mirrors, seeing only your own reflection ad infinitum. That's the reality for many businesses today - stuck in echo chambers of their own making. But what if you could smash those mirrors and glimpse a world beyond? This is akin to bringing in new people who can share […]
May 2024 Welcome to the latest edition of Finativ Insight. We open this issue with a case study showcasing how a leading automotive leasing broker drives operational excellence with Finativ Focus's help. They have achieved impressive results by optimising deal flow and customer service without increasing costs, including immediate capacity increases, enhanced customer satisfaction, and […]
In an era of rapid growth and fierce competition, operational efficiency is key to success for businesses across sectors. This is particularly true in the automotive leasing industry, where streamlining processes and enhancing customer service can make all the difference. One leading automotive leasing broker recently grappled with these challenges as exponential organic growth put […]
Whether we are looking at the news, or receiving a business update, we hear constant talk of issues with projects – delays to airport projects, cancellation of rail projects, overspend on infrastructure, bugs in new software. Within the finance services sector, in our daily lives, we are, I am sure, all uncomfortably familiar with projects […]