Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Sovereign finance and banking software performance


Sovereign finance and banking software goes from strength to strength.

Sovereign Finance and Banking software, from Finzsoft Solutions Ltd has recently completed two major projects with two leaders in the New Zealand finance industry, further enhancing their image as the software supplier of choice for a variety of financial institutions.

The most recently completed project has enabled Wrightson Finance to re-launch successfully into the rural finance sector after an absence of 7 years.

Sovereign Finance and Banking Software has been developed by Finzsoft Solutions in Auckland. Their software supports most of the larger New Zealand non-bank finance institutions, and provides a wide range of lending and deposits functionality. It was this functionality and proven track record that made the decision to use Sovereign an easy one for Wrightson Finance to make.

General Manager Wrightson Finance, Ian Walsh, “to re-launch into the market we realised the need to use a new banking platform to support our current and future needs in rural based financing, including the capability for banking transaction product. It was vital that the chosen software was both reliable and had a good reputation in the market place. Developed in New Zealand the Sovereign software supports all our needs and more importantly the team at Finzsoft were able to implement the system on a very tight deadline. We are very pleased with the outcome”.

DTR (Thorn Rentals) share the Wrightson sentiment having worked with Finzsoft for 12 months to achieve their goal of a fully integrated retail loan system across their 29 stores throughout New Zealand.

Alan Shilton, Administration Manager for the DTR group was pleased with the finished product. “The team at Finzsoft were great to work with and they were able to meet all our needs which had to be compliant with the new CCCFA Act (the Credit Contracts and Consumer Finance Act 2003). And whilst their (Finzsoft) products have been traditionally used in the motor finance industry we found the usability, training and ongoing support for our project perfect for the retail loan industry”

Mr Shilton continues, “more importantly we incurred minimal fuss in the installation of the product and the transition was seamless to the end user, our customers”.

Finzsoft Solutions is a listed company offering innovative solutions for financial and banking institutions and is now building a reputation around the globe for it’s product and services. A considerable number of well-known financial institutions use the Sovereign software to support their activities, including Marac Finance, Hanover Group, Nelson and Southern Cross Building Societies, Motor Trade Finance and the Police and Families Credit Union.

ENDS.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>

ALSO:

Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO: