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St Helen's Finance outsource to icenet | February 2007
PLUS Markets (formerly OFEX) listed, St Helen's Finance Plc is the latest asset finance company to outsource its IT system to instalment lending software specialist icenet.

 St Helen’s Finance commenced trading in 2003 and offers asset financing arrangements for a wide range of clients in the small and middle ticket market by providing leasing, rental or hire purchase facilities. icenet will provide a single solution for the administration and accounting of their asset finance portfolio. Fully scalable and integrated, the system will be tailored to support the company’s current and future development, taking into account the dynamics of the corporate asset finance market.

 Norman Kenvyn, Managing Director, St Helen’s Finance commented “The company listed its shares on OFEX on 27th September 2004 and has continued to grow substantially by offering excellent service, speed and innovation to meet the demands of our clients. The outsourcing of our IT to icenet will enhance our response speed and service levels, through the increased degree of automation within our business processes, which is essential for our continued growth.” He goes on to say “icenet’s impressive experience of the finance industry enabled them to really understand our business and we look forward to working with them over the coming years.”

 Alex Stephen, Chief Executive, icenet commented, “The asset finance market is an area where icenet has traditionally been strong and our presence is growing. Our hosted solution is a functionally rich, easy to use and performant solution, which will help St Helen’s Finance to achieve its aspirations. We are delighted to have them on board.”

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