Grebb, Michael
December 2004
Bank Technology News;Dec2004, Vol. 17 Issue 12, p26
Trade Publication
The article reports that the database system BB&T Leasing Corp. had used since 1985 to track leases and manage contracts ranging from $10,000 to $10 million was working adequately. In September, BB&T Leasing signed a deal with International Decision Systems to upgrade from the IDS InfoLease program, which relies on IBM's UniData system, to the ProFinia accounting program, which works with an Oracle database for broader access. Many banks rely on equipment leasing subsidiaries to create synergies with their commercial lending businesses; the assumption is that a client seeking a loan or other banking service may also need to lease equipment.


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