Sumitomo Mitsui Extends Reach to U.S.

Sumitomo Mitsui Finance and Leasing, a corporate leasing and financing company headquartered in Japan, went live with SunGard’s Ambit Asset Finance solution to support their service extension to clients in the U.S.

With more Japanese firms expanding their international presence, SMFL’s move into the U.S. will provide more financing options to clients from the construction, transportation and information technology sectors.

“Our momentum continues with the expansion of our presence in the U.S. We selected SunGard’s Ambit Asset Finance solution because of its global presence and proven track record, as well as the in-depth experience and expertise of the team at SunGard. The flexibility of the solution will help us scale our business in the U.S. and adapt to new requirements as we expand our global network,” said Toshio Hasebe, managing director, Sumitomo Mitsui Finance and Leasing, New York Branch.

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