Solifi, a global fintech software partner for secured finance, received an accolade at the 9th annual Motor Finance Europe Awards in the Digital Innovation of the Year (Technology Company), Retail Solutions/Vehicle Management category. The Awards, which took place in Vienna on Oct. 19, celebrate organizations across the European automotive finance industry for their expertise in various categories.

The Digital Innovation of the Year category recognizes digital innovation that offers something new in the automotive market, improving both the customer experience and the sales performance of lenders. Solifi was chosen for its Open Finance Platform, which is built on a microservices architecture, allowing customers to receive enhancements to their Solifi products faster and more efficiently.
 
“We are proud to be recognized for our innovative and ambitious microservices architecture,” said David Hamilton, CEO of Solifi. “With our Open Finance Platform, we have set a strong foundation for scalability, flexibility and most importantly, rapid innovation. Solifi’s plan to deploy over 30 new microservices in 2023 is right on track and we look forward to seeing the added value these new services bring to our automotive finance customers.”

Solifi’s microservices architecture enables independently deployable services to be developed to serve a specific business capability, meaning the business can quickly adopt emerging technologies, and react efficiently to customer feedback. Solifi are leveraging the benefits of modular development to deliver value constantly with minimal disruption to customers.