Cloud Lending Solutions entered a partnership with Fujitsu to bring cloud-based lending to its business practice, starting with Japan. The partnership presents an opportunity for Fujitsu to provide a cloud-based loan and leasing software to its customers in the Asia-Pacific region and eventually around the globe.

The two companies are teaming up to bring transformation to lending and leasing businesses, enabling digitization and simplification of applications, contracts and collections. Fujitsu is offering the Cloud Lending Solutions in combination to its support, operations and deployment configured to a customer’s environment. This partnership allows customers to easily migrate from traditional lending and leasing businesses, built in on-premises environments, to rapidly adopt cloud technology at a fraction of the cost. Likewise, companies that are entering the lending or leasing business can leverage fintech in a short period at a low cost.

“The partnership with Fujitsu is an outstanding opportunity for us to extend our reach globally to clients of all sizes in the Asia-Pacific region,” said Adrian Szwarcburg, vice president of Global Partners and Alliances of Cloud Lending Solutions. “We are excited to partner with Fujitsu and to see them sign their first of many clients in Yayoi.”

“Partnering with Cloud Lending Solutions gives Fujitsu another option for SaaS lending offerings that leverage our financial services track record,” said Hideki Kiwaki, corporate executive officer EVP, vice head of Global Services Integration Business (Integration Services) of Fujitsu. “Companies are looking to transform how they do business, engage customers, and leverage FinTech, and Cloud Lending Solutions provides us with ready-made solutions that satisfy our customers’ business needs.”

The Cloud Lending Solution product allows Fujitsu, a provider of information and communication technology, to configure the loan and lease practice of its customers in adapting product and lending workflows to customer requirements and complementing existing systems. Cloud Lending Solution customers can create a transformative Omni-channel borrower experience that best fits the borrower’s needs, while simultaneously providing the customers with transparency and visibility into all areas of the borrower’s loan lifecycle.