FIS selected for Wholesale-Dealer Finance implementation by leading car financier

FIS, provider of financial technology solutions, has been chosen to implement its Wholesale-Dealer Finance offering for a major car financier that is part of one of the largest automotive manufacturers worldwide.

This strategic partnership highlights FIS’s ability to deliver efficient, regulatory-compliant, and scalable solutions, setting the stage for significant future growth.

The client, the largest private car financier in their local market, operates across hundreds of dealerships in various asset groups. Facing the need to replace their outdated IT systems, they sought a future-proof partner with the expertise to enable rapid implementation locally and the capability to expand across multiple markets.

Building on a robust global relationship with the manufacturer’s group, FIS will leverage its Single Asset Finance Platform to deliver a tailored solution. This includes a Minimum Viable Product (MVP) that meets the client’s local requirements within an ambitious timeframe. The project will be executed using Out-of-the-Box (OOTB) capabilities, reflecting FIS’s deep understanding of the client’s unique business and regulatory environment.

Key features of FIS’s Wholesale Solution include:

• Unified platform: Centralised Wholesale Back-Office operations via a Single Asset Finance Platform.
• Cloud deployment: Hosted on Microsoft Azure for scalability and robust performance.
• Flexibility: Supports future financial products and netting capabilities.
• Scalability: Adaptable to other financing business areas as the client grows.
• Diverse asset management: Open asset type handling for vehicles and equipment.
• Automation: Pre-defined workflows and highly automated processes for an optimal user experience.
• Integration: Seamless connection with existing systems and new digital partners through advanced APIs.
• Competitive edge: Successfully replaces a legacy solution and outperforms major competitors in the space.

The rapid deployment of the Wholesale-Dealer Finance solution underscores FIS’s commitment to delivering value through reduced complexity, smart automation, and standardised workflows. This implementation not only addresses immediate local market needs but also equips the client with a scalable foundation for future retail growth across multiple markets.

The flexibility of FIS’s solution enables the client to adapt to evolving market demands, including integration with various ERP systems and expansion into different dealer groups. By providing robust tools for automation and scalability, FIS ensures the client can achieve a smooth customer journey while minimising costs.

“As wholesale finance adapts to support electric vehicles, digital platforms, and new business models, our scalable, cloud-based Single Asset Finance Platform equips clients to innovate and expand into emerging markets efficiently.

“This partnership is more than just a success—it reinforces our role in shaping the future of wholesale finance to meet the demands of a rapidly changing industry,” Baig added.