Daimler Financial Services has selected Sword
Apak’s wholesale finance solution as part of a new global programme
aimed at improving standardisation and automation, the company
said.
Following the deployment of a new strategy – called
Global Products, Processes and Systems (GPS) programme – Daimler’s
financing arm opted for a “unified stock funding solution” and
chose Sword Apak’s WFSv6 software system for the task.
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“The new wholesale finance system exemplifies our
global strategy to implement modular products, standardised
processes and integrated IT systems across more than 40 countries,”
commented Norbert Meder, Daimler Financial Services’s
vice-president for the GPS programme.
“Following a rigorous selection process, Sword Apak
was chosen for its expertise and long-term experience of
developing, implementing and supporting proven wholesale finance
technology,” he added.
The solution design has already begun, Sword Apak
said. The system rollout will begin in the first quarter of 2010,
when WFSv6 will be deployed in France.
Another 11 European countries are scheduled to go
live throughout the first implementation period.
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