Fifth Third Bancorp Selects Ivory Consulting Corporation's Equipment Finance Pricing Software

Bank’s Equipment Finance Subsidiary Will Utilize Ivory’s SuperTRUMP and Portfolio Analytics Software.
Mar 06, 2012

(WALNUT CREEK, CA –March 6, 2012)- Ivory Consulting Corporation, the leading equipment finance pricing software and consulting firm, is pleased to announce that Fifth Third Equipment Finance Company, a unit of Fifth Third Bancorp, has selected Ivory’s SuperTRUMP and Portfolio Analytics software. SuperTRUMP performs financial analysis and optimization for leases and loans and calculates taxes, accounting entries, cash flows and termination values for both simple and highly structured transactions. Portfolio Analytics is a state-of-the-art portfolio analysis and modeling tool tailored specifically for the analytical needs of companies with equipment lease and loan portfolios.

“We are thrilled Fifth Third Equipment Finance chose both our SuperTRUMP and Portfolio Analytics software,” said John DiMiceli, Senior Sales Manager, Ivory Consulting Corporation. “Since 1983, Ivory has grown in response to our customers’ needs; our solutions and products deliver speed, ease of use and business intelligence, offering leasing executives the information they need to strategically enhance their company’s performance. We are pleased to be trusted by Fifth Third as a new technology partner.”

Ivory delivers pricing and portfolio solutions to equipment finance companies from sole proprietors serving highly specialized niches to global enterprises.

“Our philosophy is focused on customizing solutions that benefit our client’s complete financial picture,” said David Merrill, president, Fifth Third Equipment Finance Company. “Ivory’s SuperTRUMP and Portfolio Analytics software will become part of our fully integrated solution specifically designed to bring unique benefits to our customers.”