For this Trail Mix installment, we are diving into the new Feature Flags in Solifi’s Lease and Loan Portfolio Management Software (formerly InfoLease).

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Equipment Finance companies and banks are two industries irreversibly tied together by funding. The partnership is often collaborative, sometimes competitive and sometimes strategic via mergers and acquisitions.

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The key to managing risk is avoiding undesirable outcomes; so if a business can identify ways to lose with AI, the odds of gaining competitive advantage using it go up.

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AI and automation were at the forefront of the world in 2023, and the equipment finance industry joined in with discussing and experimenting with the technologies.

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In her role as a data scientist, Voloshyn will support the development and optimization of Tamarack’s suite of AI products. This includes developing algorithms and models to support the machine learning (ML) processes that drive Tamarack Predictors, using ML to classify and categorize customer data, and developing new products and tools to keep Tamarack at the forefront of the industry.

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Many technology and operational leaders will read the 2023 US Bank CFO report and say – “Cost control is a nail again and technology is the hammer. Nothing new here.” But this would be a short-sighted read and miss the opportunity to partner with the CFOs to leverage the most impactful technology trend in the past 20 years for equipment finance, AI.

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