The Request for Proposal has been the backbone of technology selection in specialty finance for decades. It promises rigour, comparability and an audit trail. Yet ask the people who run these processes today, on either side of the table, and a consensus emerges quickly: the traditional RFP is broken. What is less obvious is what […]

AI governance has moved out of the IT function. The question for boards is no longer whether to engage with artificial intelligence, but whether they can afford the cost of continuing to delegate it. The Governance Gap Is Widening Current data shows AI oversight remains a minority practice in major corporate boards. Glass Lewis research, […]

In our previous articles in this series, we explored the distinct challenges that asset finance providers face across the proposal-to-payout journey: the technology infrastructure barriers that slow credit decisions, the data quality issues that delay funds release, and the integrated systems, process, and people approach required for sustainable improvement. This fourth instalment turns to a […]

As asset finance firms navigate an increasingly technology-driven landscape, AI presents both opportunities and risks. Success depends not on wholesale adoption, but on deploying AI strategically, with robust controls and clear measurement, to address genuine operational challenges. AI solutions are appearing in ever-increasing numbers across the asset finance technology stack – in proposal submission/receipt, documentation, […]

Executive Summary Following our examination of speed to decision challenges, the payout phase represents an equally critical bottleneck in the proposal-to-payout journey. Recent industry discussions reveal that data quality issues have emerged as the primary obstacle to payout acceleration, with incomplete or inconsistent documentation causing delays that frustrate customers, dealers, and brokers at the final […]

Executive summary Asset finance providers face a critical tension: everyone recognises that speed to decision matters, yet half remain held back by inadequate technology infrastructure. This isn't a minor operational concern; delays in credit decisions translate directly to lost business. Customers seeking asset finance increasingly expect rapid responses, and brokers route business to providers who […]

October 2024 It’s early days … but M&A is back!  In this edition of Insight, we highlight some of the reasons for this trend and their implications.  We reflect on the recently released Basel 3.1 near-final rules and the remaining uncertainty for capital-constrained SME lenders.  With budget rounds in full swing, we discuss the importance […]

For many companies, now is the time for budget planning. One of the most significant budget lines is technology; however, this can often lead to a frantic rush to identify necessary developments for the coming year. Equally challenging is estimating costs and assessing the realistic benefits these developments will deliver. The Risks Of A Hasty […]

You are well into a large-scale, long-term project and as the next steering committee meeting approaches, you’re reviewing the RAG status. There are no red lights, a few amber, but that’s only to be expected. The majority are green, so there’s nothing to worry about. Yes, the timeline on a project of this nature is […]

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 […]