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Credit portfolio Vesting Finance in the cloud at Davinci

Amsterdam, April 10, 2017 - The use of Close Servicing provides major efficiency improvements in the servicing process.

In the first weekend of April, the migration of the first credit portfolio of Vesting Finance to Close Servicing has been completed successfully. The solid preparation and close cooperation between Vesting Finance and Davinci resulted in a flawless migration. Five other credit portfolios will be migrated in the coming weeks. Joost van Rens, CEO Vesting Finance, about the cooperation with Davinci: “Davinci is a pleasant, and highly professional partner who helped us raise our service to the next level. Thanks to automated processing, we now have more time for our customers.”

Efficiency in the servicing process

Within Close Servicing, all servicing processes are executed automatically. This results in a significant improvement of straight-through processing (STP). Close Servicing is offered in the cloud via Amazon Web Services, which releases the users from hosting, software, infrastructural, and maintenance related obligations. Davinci is an APN Technology Partner of Amazon Web Services.