CASSIOPAE COMMUNIQUÉSPRING 2014

Cassiope Offers Software as a ServiceDid you know Cassiopae’s leasing and lending software is available as a cloud-based, SaaS solution? New-start bank lenders, finance and loan providers looking to open, diversify or expand can now get world-class lease and loan management with less stress on IT and financial resources.

You can manage multiple product types with one system, for one monthly subscription. Cassiopae SaaS can grow and change with your business.

Commenting on this exciting new development, Johnnie Halliday, a director at Cassiopae UK said, “With a number of new finance entrants looking to open and existing players looking to diversify, SaaS represents a strong platform for both our Cassiopae and Finlex product offerings. In an increasingly cloud-based world, clients want a business partner who can provide a one stop solution.”

Welcome to the latest communiqué from Cassiopae. In this edition we are looking at new service offerings; global and local issues; our affiliations with the FLA, NACFB and CCTA; our recent successes; plus much more.

If you have any questions about our products or services please email us at sales.uk@cassiopae.com, visit our website www.cassiopae.com or call us directly on +44 (0) 1284 810 629.

How to Build and Implement a Single Global Finance Software SystemCompanies embark on large projects to build and implement a single, global finance software system for many reasons. Among these reasons are to consolidate information, to streamline business processes, and to reduce operational risk.

These projects involve risks and rewards. Addressing the risks systematically and approaching the project in manageable phases is the key.

Request the whitepaper here:http://cassiopae.com/global-finance- system-whitepaper/

NEW WHITEPAPER

Software to Manage any Loan, Lease or AssetCassiopae is a global leader in finance and asset management software. Our aims are to help reduce your business operating costs, cost of ownership and risk. With Cassiopae software, you can improve efficiency and control, whilst gaining financial product flexibility.

We have experience with implementation projects in the UK, Ireland, across Europe and internationally. Our UK team provides local delivery and support expertise.

Cassiopae’s software is specifically tailored to your business whether your organization is a global bank, a major captive, an SME finance provider or a single user broker.

WELCOME

Mount Street Loan Solutions ExpandsJust over a year ago Mount Street opened its doors as an Independent provider of loan management services to the European commercial real estate sector and selected Cassiopae as its hosted loan management platform. On March 8th of this year Mount Street bought the Morgan Stanley Mortgage Servicing (MSMS) business together with the servicing mandates that MSMS manage. This increased the amount of UK and European debt under management (including CMBS) to approximately £8 billion.

The Cassiopae team has been helping Mount Street on-board its loans and training staff to use the new software. Paul Lloyd, a founding partner at Mount Street, stated “the Cassiopae lease and loan management platform and their support team are a crucial partner to our growing success in this exciting phase of our development.”

About Cassiopae V4 in Real Estate Finance:Cassiopae is a front-to-back, global, multi-asset class solution that enables companies to use one system to manage commercial, consumer, auto, equipment, and real estate finance, as well as property management. Cassiopae’s real-estate finance solution includes integrated property management features. We combine operational lease and loan administration with the reporting and analytics required by investors, borrowers, landlords, property and rating agents.

Whilst managing straightforward to complex loan products with virtually any type of structure we can take advantage of the value- added features common to all Cassiopae V4 solutions.

FIRST IN RUSSIA

Cassiopae Integrated Fleet & Leasing Platform in RussiaCassiopae is pleased to announce that Intermark Auto Leasing is now using Cassiopae’s Front Office integrated leasing and fleet management software for its Russian operations. Intermark Auto (IAL) is one of the top five providers of car fleet operational leasing in Russia.

The IAL project demonstrates that Cassiopae’s solution can support highly complex contract hire quotations. In addition, the win underscores Cassiopae’s commitment to international projects including those in countries where our competitors won’t go.

According to Craig Curphey, Intermark Auto CEO, “Cassiopae software brings IAL quotations to customers/dealers in significantly less time which will make a positive, measurable impact on our sales this year.”

Alongside the Intermark go-live, Cassiopae have added further resources within the leasing and fleet management teams. The expansion of our team ensures our existing UK clients a market leader level of support and commitment.

Read more here:www.cassiopae.com/cassiopae- intermark-auto-integrated-fleet-leasing- platform-russia/

CLIENT NEWS

XL Business Finance Implements FinlexXL Business Finance is the latest of our SME clients to implement Finlex Finance Manager. Mark Redman, Managing Director of XL Business Finance, said “We were looking for a tool to help our business grow and as an ambitious but small independent leasing company that is relatively new to funding we looked to Cassiopae to help us achieve our goals.

Finlex provides us with an overview of our finance book and gives us the ability to identify our customers’ requirements. Since implementation, Cassiopae has supported us fully and created an experience that has streamlined our administration. We are very happy with our Cassiopae System.”

XL Business finance is a traditional leasing company looking for asset secure deals from £5,000 to £500,000. Their ethos is that underwriting is not a tick box exercise but requires common sense. The company is looking to fill the gaps other funders are not addressing.

Cassiopae Sponsor at AF-PA Summer Networking EventWe are proud to announce that as of Dec 2013 the senior leadership of Cassiopae’s UK operation became members of the AF-PA.

The Asset Finance - Professionals Association (AF-PA) is a forum for the asset finance industry to meet, socialize and network in an informal environment.

The primary activity of the Association is to create opportunities for discussion, debate and networking. Cassiopae are pleased to be a sole software sponsor of the AF-PA summer drinks networking event 2014 on the 3rd July. The board of the AF-PA have elected to support Action Medical Research for Children.

The charity was founded in 1952 by Duncan Guthrie in his quest to find a cure for polio. Research has helped to develop the first oral polio vaccine which eradicated new cases of the disease in the UK. To learn more about Action Medical Research for Children, visit www.action.org.uk

To find our more about the AF-PA and how they can support your organisation please visit their website www.af-pa.org

FLA Annual Dinner 2014The 2014 FLA annual black tie event took place in the splendid surrounding of the Grosvenor House Hotel. Typically, the FLA attracts the heads of the major funding institutions.

This year was no different with approximately 1200 guests attending and envelopes on each table for the brilliant charity Macmillan Cancer Support www.macmillan.org.uk/Home.aspx

Sajid Javid MP as Financial Secretary to the Treasury gave the pre-dinner speech and discussed how the future of the FCA would effectively strengthen the finance industry.

The FCA will be implementing strategies that would discourage bad lending habits, but without encroaching on the funders that are already responsible lenders.

According to Javid, although change will happen, the FCA will be a commercially-minded organization. The evening finished with networking throughout the venue.

Cassiopae at the NACFB Commercial Finance Expo 2014Cassiopae are pleased to announce that this year we will be hosting stand D06 at the NACFB Expo in the NEC Birmingham. www.commercialfinanceexpo.co.uk

At the Expo we are showcasing Finlex with sales contact, pricing and proposal management. Finlex also comes with agreement administration to run own book including block discount funder management. These options are delivered with integrated reporting services to improve management analysis.

We are looking forward to meeting you and discussing how Cassiopae can help to develop your business. In the meantime should you have any questions or want to arrange a meeting please call us on 01284 810629, email sales.uk@cassiopae.com or visit our website on www.cassiopae.com or www.cassiopae.com/finlex

GALA EVENTEVENTS

June 25th NACFB Commercial Finance Expo 2014

July 3rd AF-PA Summer Drinks

UPCOMING EVENTS

Cassiopae Limited4th Floor EastCentral Point25-31 London StreetReading, RG1 4PS+44 (0) 1284 810 629sales.uk@cassiopae.com

www.cassiopae.com

Wim KnutsWe would like to welcome Wim Knuts to Cassiopae. Wim has gained much of his experience in financial services and project management working with De Lage Landen and Athlon Car Lease. Wim is adding his expertise to the UK and Ireland Cassiopae project management team. We look forward to working alongside him in the future.

Suvada MejrusicWe also welcome Suvada Mejrusic. Suvada will be working in our accounts department in Reading.

Suvada currently holds a part qualification with The Association of Chartered Certified Accountants (ACCA), and is now awaiting to complete Oxford Brookes BSc (Hons) in Applied Accounting by the end of current year, and gain full ACCA qualification by 2015. Before joining Cassiopae Suvada worked for John Lewis Partnership for 7 years where she gained various experience including internal auditing and cash management.

Suvada is fluent and literate in Serbo-Croat as well as English adding to our already diverese, multi-lingual team. This now grows the local Cassiopae organization to over 30 FTE as part of a global workforce of 450.

Cassiopae UK Further Expands Reading Based Team2013 saw Cassiopae UK open new offices at Central Point in Reading.

From June 2014 we will be expanding our Reading office by taking additional space on the 3rd floor which will house our dedicated consultants, development and support teams to provide support to our growing client base.

Cassiopae Consumer Credit Article in CCTA MagazineCassiopae’s Johnnie Halliday explores the challenges of keeping up with regulatory and market change and how highly configurable systems (such as Cassiopae) can help consumer lenders to improve, adapt and grow in a contolled and sustainable fashion. For the full article visit: www.cassiopae.com/ccta- constant-change-consumer-finance

Cassiopae Joins BVRLACassiopae has joined the British Vehicle Rental and Leasing Association (BVRLA), the UK trade body for companies engaged in the rental and leasing of cars and commercial vehicles.

“As a leading provider of vehicle finance and fleet management software, Cassiopae is keen to support the BVRLA and its efforts,” said Alun Booth, CEO of Cassiopae’s UK operations. “The BVRLA is one of the most professional, highly respected associations in the industry.”

Read more here:www.cassiopae.com/cassiopae-joins- british-vehicle-rental-leasing-association-bvrla

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