Balancingriskwith collections
Assetz Capital has agreed a deal with Connect for Intermediaries to be the first network that it distributes its products through. Assetz Capital will provide
commercial loans, development finance, bridging and buy-to-let to brokers who are part of its specialist network or use the Connect for Intermediaries packaging arm. Liz Syms, CEO of Connect for Intermediaries, said: “We
Liz Syms
are highly flattered that Assetz has chosen Connect for Intermediaries as the first network to partner with and distribute its products through. We are always looking to add additional value for the brokers who work with us and Assetz will certainly help us to achieve this with an attitude of wanting to help every borrower and completely bespoke underwriting.”
Growing evidence that the UK economy may be on a downward spiral is suggested in the latest UK’s Credit Managers’ Index (CMI), which has hit a five-year low. The quarterly barometer from the Chartered Institute of Credit
RestonsSolicitorsLimitedassistsanumberof marketleadersintheDebtPurchase,Finance and Utility sectors with both secured and unsecuredcollections.
Our fundamental understanding of
commercial, reputational and compliance issues, togetherwith a focused, proprietary interest in our clientsÕ receivables means that we continue to excel in terms of client satisfaction, recoveries and complaintavoidance.
To Þnd outmore about how our expertise can help you, contact Nigel Coe on 01925661602or
npc@restons.co.ukorgoto
www.restons.co.uk
Management (CICM) shows an Index that has fallen by 1.0 point to 54.4. This is 5.7 points down on Q2 2017. Manufacturing is particularly on the decline, down 1.2 points to
56.0, which is worryingly eight points down from the same time last year. Services also saw a drop, down 0.7 points to end the quarter on 53.9. Both figures, however, remain above the critical 50-point threshold. Philip King, chief executive of the CICM, said: “We always have to
judge the results with caution as things can often change quickly, and Q2 has proved exactly that. It has been a challenging quarter with some concerning results and outcomes. It appears that pessimism around future trading conditions has grown, which suggests that the UK may be heading on a downward trend.”
Noble Systems has seen growth in the USA over the last few years and is looking to replicate this success throughout the globe. To support this strategy, the organisation has heavily invested in senior appointments in Europe, Middle East, Africa and India regions. Chris Hodges, senior VP sales and marketing, said: “We are very
happy to have James on board and to expand our footprint with a new office in London. The new sales management team will help to build on the strength of our existing and new partnerships – driving regional growth and opening up new market opportunities.”
FICO has announced the latest version of FICO Analytics Workbench, a cloud-based advanced analytics development environment that empowers business users and data scientists with sophisticated, yet easy-to-use, data exploration, visual data wrangling, decision strategy design and machine learning. “As businesses depend on machine learning models more and
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www.CCRMagazine.com October 2018
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