Remaining competitive in the international marketplace is complex. International leasing companies, banks and captive financial institutions must navigate multiple tax rules, accounting principles and various government regulations in multiple countries while maintaining profitable at both a transaction and a portfolio level.

Ivory Consulting works with international lessors and lenders across Europe, Asia, North America and Australia to implement sophisticated, centrally-controlled equipment lease and loan modeling and pricing solutions tailored to local environments, including up-to-date global tax regulations, accounting rules and Basel requirements (1).

SuperTRUMP is specifically designed to model and price complex leases and loans for international banks, captives and independent financial institutions –  whether based in the U.S. and operating through foreign subsidiaries or headquartered outside of the U.S.
 

U.S. Based Equipment Lessors and Lenders Operating Globally Through Foreign Subsidiaries
American equipment financial institutions operating internationally through foreign subsidiaries must remain compliant with laws and regulations across multiple borders. That becomes complex very quickly.

For more than 35 years, Ivory Consulting has worked with American equipment lessors and lenders to implement pricing best practices for use in their foreign subsidiaries, ensuring international tax and regulatory compliance (1) while at the same time maintaining compliance with U.S. practices.

Consolidating foreign-originated transactions that have headquarters operations in the U.S. is easy with SuperTRUMP. Using pre-determined templates, foreign subsidiaries are able to structure equipment leases and loans to be in compliance with both local and home office standards. In most cases, foreign subsidiaries pricing deals internationally must follow Generally Accepted Accounting Principles (GAAP) standards, which are not recognized in all countries. SuperTRUMP enables a foreign subsidiary to price a deal internationally and then conform it to GAAP. Additionally, all Basel requirements are included in SuperTRUMP.
 

Equipment Lessors and Lenders Based Outside of the U.S.
For equipment finance companies based outside of the United States, SuperTRUMP is a robust lease and loan pricing solution that is compliant with local tax laws and regulations.

Currently, equipment lessors and lenders based in countries other than the U.S., as well as American lessors with operations in more than 25 countries, use SuperTRUMP configured for one or more local environments to model and price equipment leases and loans. SuperTRUMP includes over 40 depreciation methods and all applicable Basel I, II & III requirements (1) .

SuperTRUMP can be configured to work in most international environment and its flexibility allows it to easily integrate with the lease and loan accounting systems used globally, maximizing internal efficiencies and streamlining workflow processes.
 

Regulatory Capital – Basel I, Basel II & Basel III Requirements
In today’s regulatory environment, European equipment lessors must be compliant with Basel I, Basel II, and Basel III Regulatory Capital requirements.

SuperTRUMP’s regulatory capital calculations are maintained with up-to-date standards ensuring that all pricing calculations are compliant with all applicable Basel requirements.
 

Canadian Taxation
Canadian equipment lessors and lenders need a dynamic pricing solution to comply with Canadian depreciation and provincial tax laws. SuperTRUMP calculates equipment lease pricing using Canadian prescribed leases, then creates reports that calculate GST, PST, HST, and QST on equipment finance loans.
 

Global Depreciation Methods
SuperTRUMP includes over 40 depreciation methods used in more than 25 countries. Any depreciation method used in any country can be added – free of charge.
 

Integrating SuperTRUMP with Other Software
SuperTRUMP is integrated with most of the enterprise software systems used in the world today on almost any IT infrastructure. It can be easily integrated with other systems – both commercial software or custom developed in-house software.
 

          1. Ivory Consulting Corporation does not offer tax advice. Please consult your tax professional for tax advice and counsel.