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BankUnited Selects LeaseWave From Odessa Technologies

February 03, 2015, 07:14 AM
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Topic: Industry News

BankUnited, N.A., headquartered in Miami Lakes, Florida has selected LeaseWave® from Odessa Technologies, Inc. (“Odessa”) to automate and administer their front office and back office lease management processes for its indirect subsidiaries, United Capital Business Lending (Hunt Valley, Maryland), Pinnacle Public Finance (Scottsdale, Arizona) and Bridge Capital Leasing (Hunt Valley, Maryland).

“With three leasing companies operating in different markets and using diverse business models, BankUnited needed a lease system that allowed for flexibility within one single platform. We believe that LeaseWave® will enable us to achieve that goal in an efficient manner.” said Bill Hynes, Banking Services Executive.

“LeaseWave® is engineered specifically to be configurable and customizable to tailor-fit each client’s business, not just at implementation, but also on an ongoing basis as requirements change,” said Kate Majewski, Senior Vice President, Program Management at Odessa Technologies. “The LeaseWave® suite is built to be dynamic and yet rests on a very robust core.  Our cutting-edge technology stack combined with mature functionality and workflow-based design, will enable BankUnited to realize significant efficiency gains and build reliable business controls across their various operations.”

Odessa Technologies, Inc. is a software company exclusively focused on the leasing industry. The company is headquartered in Philadelphia, PA and employs a staff of 400 people. The LeaseWave® suite is a fully Internet-based family of products, providing an end-to-end lease and loan origination and portfolio management solution for equipment leasing and finance, vehicle leasing and finance and fleet management companies. The LeaseWave® suite is specifically engineered to be configurable and customizable, and accommodate even the most complex of business models, as evidenced by its diverse customer base.

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