International Decision Systems (IDS) announced it has expanded the core capabilities of its portfolio management solution, InfoLease, driving increased efficiency, extensibility and enterprise integration.

InfoLease 10.5, which is available on IDScloud or as an on-premise solution, combines functional richness and depth with an open and extensibility-focused architecture, enabling financial services firms to more easily configure and integrate the InfoLease solution across their ecosystems.

InfoLease 10.5 can process the most diverse and complex portfolios of financial products with an enhanced asset focus. InfoLease 10.5 drives user and process efficiency by associating thousands of assets to a single contract, to easily bill and collect at the asset level.  Asset capabilities are available when and where needed in the lifecycle decreasing excessive processing that can lead to inefficiencies.

Also, in InfoLease 10.5, key billing characteristics can be seamlessly managed during contract setup and update. The ability to establish and update these characteristics simultaneously across many contracts increases the speed of accomplishing common tasks and minimizes the types of billing errors that may create a negative customer experience.

InfoLease 10.5 expands its API-driven architecture with additional integration services. These new services enable the use of InfoLease's business logic across enterprise business models, offering a single endpoint for efficient processing.

"InfoLease continues to deliver the most functionally rich portfolio management solution in the industry," said David Hamilton, CEO of IDS.

"InfoLease is a market driven platform which includes bi-annual releases delivered through a product roadmap developed with the direct involvement of IDS' extensive global customer community," said Lisa Nowak, Senior Product Manager for InfoLease.  "Adding to the value delivered with our new asset level functionality and additional integration services, InfoLease 10.5 includes a range of new capabilities enhancing solution usability.  Users now have the ability to export key data displayed in the web UI to Excel, or quickly 'follow the money' with a full history of monetary application across any payment."