CNH Industrial Capital America, the captive finance company for capital goods provider CNH Industrial America, selected the FIS asset finance solution as its new technology platform for managing its commercial contract and lease portfolios.

CNH Industrial Capital America is the financing arm of CNH Industrial America, a provider of agricultural and construction equipment. The company was looking to consolidate management of its disparate commercial contract and lease portfolios on a single integrated and modern technology platform.

“As CNH continues to grow, we were looking for a leading-edge technology platform that would provide us a new level of configuration, automation and advanced integration capabilities for managing our business,” said Brett Davis, president of CNH Industrial Capital America. “FIS provided the solution and we look forward to using it to increase our competitiveness in the market.”

“No two companies are alike and the flexibility of our solution to address the specific needs of CNH Industrial Capital made a difference in FIS’ selection,” said Marianne Brown, chief operating officer of FIS. “We are confident that CNH will realize significant benefits from this advanced solution.”

FIS is a global provider of financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions.