LONG BEACH, CA--(Marketwire - August 10, 2010) - Mid-market lenders in the United States and Canada can soon enjoy the benefits of a loan management solution that meets all the security, functionality, and configurability requirements of major banks, thanks to a strategic partnership between NetFinance Solutions and New Zealand-based Finzsoft Solutions Limited (
"Mid-market lenders have never had easy access to world-class technology. Our partnership with Finzsoft changes that," said Mark Gleason, NetFinance Solutions CEO. "Finzsoft offers the most advanced web-based lending technologies in the world, backed up by 20 years of experience serving some of largest banking and financial institutions in New Zealand and Australia."
Finzsoft's loan servicing platform will be delivered to U.S. and Canadian customers via the web, as a Software as a Service (SaaS) solution. The SaaS model enables mid-market lenders to enjoy all the benefits of enterprise-class software with very low startup costs and minimal technical infrastructure. Finzsoft's technology is scalable and secure enough to meet the requirements of global banks and flexible enough to manage the most complex workflow scenarios. In addition, the product's G3 technology leverages Java and Web standards to securely deliver all this advanced functionality in a web browser, available from any Internet-connected device.
"The North American mid-market is a tremendous opportunity for Finzsoft, but entering it directly would have meant a much longer ramp-up," said Mark Sewell, Finzsoft CEO. "We're very pleased to have found a partner with extensive experience in finance, enterprise software and web technology to introduce Finzsoft Sovereign to the U.S. and Canadian markets."
Contact Information:
Media Contacts:
NetFinance Solutions:
Holly Ferris
64 9 571 6877