International Decision Systems’ InfoLease system selected by Thinksmart


Thinksmart, a leader in the B2B and B2C digital, paperless, retail point-of-sale finance sectors in the UK, has selected InfoLease from International Decision Systems (IDS) as its core asset finance and portfolio management system.

Thinksmart markets financial and leasing products to both consumers and businesses in the UK via retail distribution partnerships.  The company selected the InfoLease 10 platform with the aim of underpinning its future growth plans – and to build long-term value by delivering innovative and differentiated financial products across the UK.

“A major factor in our decision to select InfoLease was the functional breadth to handle our business,” said David Twigg, COO at Thinksmart. “We also recognised that the open technology provided by InfoLease not only supports our current business requirements but also provides the flexibility needed to allow us to pursue new growth avenues in the future, especially in the retail/consumer finance market.”

Jonathan Power, managing director of EMEA at IDS said: “Thinksmart has been a long-standing and valued IDS customer for a number of years.”

“As the first financial institution to deploy InfoLease 10 in Europe, this announcement represents a great endorsement of the value of IDS’s technology platform.  We look forward to many more years of successful partnership with Thinksmart.”

ThinkSmart is a financial technology company, listed on the Australian Stock Exchange and a leader in B2B and B2C digital, paperless, retail point of sale finance in the UK, since 2003.

As an intermediate finance company, ThinkSmart provides differentiated products to retailers in multiple sectors at the point of sale, in-store, online and through contact centers