Odessa Technologies announced that Arrendadora y Factor Banorte has selected LeaseWave from Odessa Technologies to provide end-to-end automation for their asset finance portfolio. With LeaseWave, Arrendadora y Factor Banorte will have a flexible technology foundation that will reduce operational complexities and costs and support ongoing growth.

After an extensive RFP process, LeaseWave was selected over 20 competing solutions. Two determining factors in the selection, apart from LeaseWave being a known global brand, were that the core offering is truly multi-lingual and multi-currency. Odessa is excited to be partnering with Arrendadora y Factor Banorte for this implementation to help affirm its foothold in this strategic market.

"The LeaseWave system can be deployed globally, offering advanced technology and rich functionality that meets the required standards in even the most rigorous regulatory environments," said Daniel Gonzalez, Business Development Manager, Latin America, Odessa. "The core system can be configured to meet our clients’ unique region-specific needs, allowing them to recognize process efficiency gains immediately.”