Nissan Financial Services Australia Pty Ltd goes live with Netsol Technologies suite of Financial Products

Nissan Financial Services Australia Pty Ltd goes live with Netsol Technologies suite of Financial Products

NetSol Technologies Inc. “NetSol” (NASDAQ CM: NTWK) (DIFX: NTWK) has announced that Nissan Financial Services Australia Pty Ltd (NFSA) launched its business operations powered by NetSol Technologies Financial Suite of leasing and finance products. The contract covers licensing, customization and implementation of the NetSol Financial Suite (NFS) Credit Application Processing System (CAP), Contract Management System (CMS) for retail business operations and Wholesale Finance System (WFS) for wholesale finance management. With the NFS implementation for Nissan Financial Services Australia Pty Ltd successfully launched, this marks the fifth customer in Australia for NetSol’s finance and leasing solutions.

Commenting on the occasion, Salim Ghauri, Chairman and Chief Executive Officer of NetSol Technologies Limited stated, “Nissan did a very thorough due diligence before choosing our suite of solutions and I am proud to say that we have met Nissan’s expectations in terms of rich functionality, timeline to implementation and total quality. The partnership between Nissan Financial Services and NetSol Technologies has further strengthened with Australia representing another Nissan Financial Services geographic implementation and the NetSol team stands ready to provide Nissan our full support. Based on the success of our latest launch in Australia we look forward to the opportunity to further expand our relationship within Nissan Sales Finance worldwide.”

George Leondis, Executive Director of NFSA said, “We are very pleased with the sustained commitment of the NetSol team, the dedicated on-site resources, and how they understood the importance of streamlining the business process to suit the fast paced Australian auto finance market.  Nissan Australia sees NetSol as a true partner in our finance business.”

NetSol's NFS solution is a premium suite of asset-based leasing software that improves business processes by providing fast and convenient solutions capable of dealing with multi-asset and multi-lingual environments. NFS based solutions are available for customers in motor finance, asset finance, consumer finance, real estate finance and loan finance.