Cassiopae, a market-leading global asset finance software provider, today announced that BRD Sogelease has implemented Cassiopae Front Office Leasing software in Romania. BRD Sogelease has been using Cassiopae for its back office operations since December 2009. With this latest implementation, BRD Sogelease is now using Cassiopae to manage its front-to-back commercial, risk analysis, back-office, and accounting functions.
 
BRD Sogelease IFN S.A. is the leasing subsidiary of BRD - Groupe Société Générale, the 2nd commercial bank in Romania. BRD Sogelease is one of the top 5 leasing companies in the Romanian leasing market with a market share of 10%. The company offers financing for cars, commercial vehicles, and industrial and construction equipment. Twelve BRD Sogelease locations and 18 sales representatives cover different country areas while also supporting the activity of the company’s main distribution channel, the BRD - Groupe Société Générale network.
 
“Cassiopae software is user-friendly with high flexibility in defining new types of offers and products. Cassiopae Front Office enables us to enlarge our products portfolio, to become more flexible and competitive in the market and to respond promptly to the ‘personalized solutions’ requested by our clients,” said Mr. Vorles Morlot, General Manager of BRD Sogelease.
 
“BRD Sogelease now has access and visibility to front-to-back leasing information for their entire team including delocalized sales representatives,” according to Franck Jacovlev, EMEA Asset Finance Market Director for Cassiopae.
 
Looking ahead, “Cassiopae will enable further diversification and continuous development of our sales channels and also the possibility to integrate all our partnership programs in a single core program,” concludes Mr. Morlot.
 
About BRD Sogelease

Subsidiary of BRD – Groupe Societe Generale, BRD Sogelease is, in terms of value of the financed assets, among the first five leasing companies affiliated to a bank in Romania. Founding member of ALB, the Leasing and Non-Banking Financial Services Association, BRD Sogelease IFN S.A. is constantly present among the largest leasing companies present on the Romanian market. For more information visit http://www.brdleasing.ro/

About Cassiopae
 
Cassiopae global finance and asset management solutions support hundreds of billions of euros and millions of assets in live lease and loan portfolios for more than 90 customer sites in 30 countries. A multi-lingual, multi-currency
solution, Cassiopae’s lending, leasing, and asset management software offers a configurable web-based user interface and leverages industry-standard technology including Web 2.0 Rich Internet Application technology, Oracle® DB, Unix®, Linux®, and Windows® environments. For more information, visit http://www.cassiopae.com.