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IDB Bank implements Linedata Capitalstream platform

First Published 24th May 2017

Discount Bank of New York deploys Linedata Capitalstream solution.

Steve Nippak, Linedata

Steve Nippak, Linedata

Linedata has announced that the Israel Discount Bank of New York (IDBNY) has chosen its lending and leasing solution for credit decision makers: Linedata Capitalstream.

IDBNY, a New York commercial bank with over US$ 9 billion in assets, has chosen Linedata Capitalstream to increase organizational efficiency and institutional portfolio transparency throughout the bank. IDBNY will utilise Linedata Capitalstream to manage its entire commercial lending origination process and ongoing account monitoring, implemented alongside Linedata Hosting to enable the rapid roll-out of the solution.

Steve Nippak, Senior Vice President, Global Sales at Linedata Lending and Leasing in North America, said: "We are very excited about working with IDBNY, which validates our mutual commitment and passion to serve our clients and the industry. This long-term partnership with IDBNY adds to our already extensive list of clients and is testament to the ability of our proven solutions to continue to meet the regulatory and organizational challenges faced by the banking industry today."