June is officially the first month of summer and for most of us the beginning of picnic season. I am fond of picnics for a couple of reasons.
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Life is a picnic
June 2024 Newsletter

 

June is officially the first month of summer and for most of us the beginning of picnic season. I am fond of picnics for a couple of reasons.

 

First, potluck picnics are the product of collaboration. Planning, logistics, food and entertainment are the collection of contributions.

 

Second, I am fond of the anticipations of a picnic. Anticipations, plural, because there are several: the anticipation of the venue – usually scenic and inspiring – the anticipation of an entertaining conversation with a mix of participants, and the anticipation of the food – you never know what tasty surprises will be brought.

 

So it was for me in the first week of June as I headed down to Dallas for the 2024 Solifi Summit. I had anticipations of the presentations, the conversations and, of course, some world-famous Texas barbeque.

 

This was my first Solifi Summit, and I was impressed by the openness and collaboration of fellow attendees as we discussed key topics inspired by Solifi’s customer success attestations and the future opportunities presented by their product roadmaps.

 

I enjoyed discussions of how cloud technology is driving a more interoperable and collaborative environment that, in turn, continues to transform both the industry and our respective relationships. We confirmed that accessing and using data-at-scale is now table stakes in secured finance. AI was, of course, on everyone’s mind but the conversations at this event were grounded in “walk before you run” examples and recommendations. Productivity was more the theme than drama.

 

Thank you, Solifi partners and colleagues, for hosting such a great “picnic.” I left well-fed, with my mind full of new ideas and an excitement for the opportunities we all have.

 

As the saying goes, “life is a picnic” – so remember to bring the potato salad.

 

Scott Nelson, president and CTO, Tamarack

In this issue:

  • KLC Financial implements ExecutiveAIR
  • Tamarack earns SOC 2 Type 2 compliance
  • Tamarack releases a standalone version of SyndicationBuilder
  • Darren Tauer retires, shares reflections from equipment finance career
  • 5 Tech Takeaways from Converge 2024
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Tamarack News
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KLC Financial implements ExecutiveAIR

KLC Financial, Inc. is using Tamarack’s Executive Advisory Insights Reports (ExecutiveAIR) product to increase the speed and accuracy of its decision-making. Powered by analysis from Rinaldi Advisory Services, ExecutiveAIR™ offers equipment finance executives unique views of operational and financial data overlaid with actionable insights.

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security-vault

Tamarack earns SOC 2 Type 2 compliance

Tamarack has successfully obtained SOC 2® Type 2 compliance for its Tamarack AI Product Suite and the protection of client data. The compliance affirms Tamarack’s commitment to ensuring the security of its clients’ (and their customers’) data and confirms that all system requirements adhere to the trust services criteria relevant to the security standards set by the American Institute of Certified Public Accountants.

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Tamarack releases a standalone version of SyndicationBuilder

Tamarack has made the strategic decision to release a standalone version of its SyndicationBuilder™ product. Designed to streamline portfolio syndication and securitization processes by eliminating time-consuming and labor-intensive activities, SyndicationBuilder allows Capital Market teams to maximize transaction value through pool builds and pricing.

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Perspectives
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Darren Tauer retires, shares reflections from a 36-year equipment finance career

This month, longtime Tamarack friend and colleague Darren Tauer will retire after 36 years in the equipment finance industry. Before he left for his cabin, we asked him to reflect on his career and the industry. Congratulations Darren!

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5 Tech Takeaways from Converge 2024

In May, Tamarack CTO Scott Nelson attended (and presented at) Monitor’s Converge 2024 event. Inspired by the innovative insights of keynote speaker Peter Hinssen, Nelson crafted a post for the MonitorDaily outlining key technology takeaways from the conference – from data becoming knowledge to the intergenerational conflict that emerges with new technologies.

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Tamarack is a technology company that understands equipment finance. Access to capital provides access to data, and data protects capital. If you were forwarded this email we invite you to subscribe here.

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