Case Study: LocalTapiola launches vehicle finance in four months with Banqsoft

LocalTapiola - Customer Case Study

LocalTapiola, a Finnish financial services company, sought to quickly capitalize on a market opportunity by offering new, fully digital vehicle financing services to car dealers. They needed a robust and automated IT system that could scale with their business from day one. They enlisted vendor Banqsoft and its View21 Asset Finance suite to meet this challenge.

Banqsoft implemented its solution in an ASP model in under four months, delivering modules for credit applications, daily transactions, and reporting. This provided LocalTapiola with a highly automated and scalable system they could trust. As a result of the implementation, LocalTapiola Finance rapidly became Finland's third-largest vehicle financing provider with approximately 32,000 accounts, achieving a much faster business acceleration than originally expected.

LocalTapiola

Jani Leväsalo

Director for IT and Sourcing