Tamarack Technology and Sandhills Global entered a strategic partnership designed to help equipment finance companies elevate portfolio management and profitability. The partnership will provide Tamarack with access to Sandhills’ market value asset data, which can be analyzed by artificial intelligence (AI) technology to inform decision-making and improve portfolio performance.
“Rising interest rates and the threat of a recession have turned industry focus to asset quality and portfolio performance,” Scott Nelson, president and CDO at Tamarack Technology, said. “Sandhills Global’s asset valuation products are the industry standard for assessing the economic status of asset values. The data we get from their Equipment Value Index gives us the ability to provide customers with real-time insights into how asset values are impacting their portfolios and the recommended actions to improve their performance.”
“The opportunity to leverage Tamarack’s suite of AI products to scale the use of our capabilities in the equipment finance market opens up a wide spectrum of opportunities to reduce risk and improve performance,” Mitch Helman, AuctionTime sales manager at Sandhills, said. “Tamarack converts our data into actionable insights for portfolio managers, giving them the real-time data they need to manage current and future portfolio performance. For us, working with Tamarack to bring this new capability to the market was a no-brainer.”
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