International Decision Systems launched IDScloud, which will provide banks, captives and independent finance companies of all sizes a scalable platform to drive business growth.

Backed by more than 40 years of industry specialization, IDScloud provides an originations and portfolio management solution in the asset and equipment finance industry. IDScloud includes a configurable base service which is further supported by a range of optional features and advanced packages, including integration with solutions for eSignature, CRM, credit decisioning and ERP.

Beyond its functionality, IDScloud is a fully managed service including both infrastructure and application management, allowing customers to focus on their business while their mission-critical applications are serviced by IDS.

“Across the industry, we are seeing an increasing shift of enterprise workloads to the cloud as financial services firms look to modernize their platforms and capture the many benefits of cloud computing and ‘pay-as-you-go’ software subscriptions” said David Hamilton, IDS CEO. “IDScloud is more than a simple ‘lift-and-shift’ of our market leading solutions to the cloud, it represents a holistic re-think of our product bundling, pricing and service delivery model. With IDScloud, IDS is now able to offer customers the choice between on-premise or fully managed cloud deployment”.

“In a world in which digital is omnipresent, no company, old or new, of any size, can ignore the significant impact of the cloud on its production processes, its structure or even its business model.” said Michael Donnary, senior director – Banking and Diversified Financials at Capgemini. “IDS is uniquely positioned to bring tremendous innovation to the asset and equipment financing market. The combined benefits of functional richness, extensibility, reduced cost of ownership and simplified solution updates should ensure that IDScloud has broad appeal across the industry.”

Leveraging the strengths and global reach of Amazon Web Services (AWS), IDScloud prioritizes security and is a platform available in multiple regions around the world including U.S., Europe, Asia and Australia. With a composable API-driven architecture, IDScloud is designed to ensure scalability and frictionless extensibility of the platform as a business grows.