iVendi launches core motor finance platform

Online e-commerce technology specialist iVendi has launched its core iVendi Platform, which provides a complete motor finance infrastructure for dealers and supports new Financial Conduct Authority (FCA) requirements.

The cloud-based solution allows management of all showroom and online finance traffic from any lender and is designed to aid FCA compliance, creating an off-the-shelf method of helping dealers meet FCA regulations.

It integrates with iVendi’s existing online tools, Quoteware and Car Finance Checker, and is scalable for use by single sites through to the very largest dealer groups and franchise networks.

The platform is based around a responsive design and can be accessed in real time through a range of devices, from a smartphone to a desktop PC.
iVendi director James Tew said: “While we have very successfully provided Quoteware and Car Finance Checker to dealers for a number of years, our underlying strategy has always been to offer them as elements in the complete iVendi Platform, so we are very pleased to formally launch the core product.

“We have already started showing the product to motor finance providers, dealer groups and car supermarkets, and the initial reaction has been very strong. The possibility of helping to ensure FCA compliance is especially attractive to potential customers,” Tew said.