Syndifi and Tamarack Technology collaborate to accelerate equipment finance syndication

Chicago/St. Paul, Minn. (July 17, 2024) — Equipment finance industry technology leaders Syndifi, Inc. and Tamarack Technology, Inc. have entered a strategic partnership to support capital market teams in the industry. The companies plan to integrate the Syndifi platform with Tamarack’s SyndicationBuilder™, develop product enhancements and pursue customer applications.

“Higher interest rates and a pullback from equipment finance by banks have increased the need to syndicate pools of deals to fund growth,” explained Scott Nelson, president and CTO at Tamarack. “Like Tamarack, Syndifi recognizes the opportunity data presents to accelerate and expand capital market team efforts. We are excited to partner with Syndifi to advance customers’ business goals through the integration of our two platforms.”

Designed to address the needs of capital market teams, the Syndifi platform and Tamarack’s SyndicationBuilder work in tandem to enhance the syndication process by eliminating time-consuming and labor-intensive activities.

“Syndifi is positioned at the center of an exciting technological transformation occurring in our industry. By joining forces with Tamarack, we will deliver a more seamless tech ecosystem that will better enable our clients and the entire Syndifi user community to syndicate smarter,” said Alistair Canal, president of Syndifi, Inc. “We couldn’t have designed a better strategic alliance and consider it a privilege to partner with Tamarack.”

Syndifi’s cutting-edge platform offers a comprehensive suite of features, including streamlined documentation management, portfolio oversight and activity monitoring. The platform’s advanced capabilities include real-time deal offer submissions, pool management and seamless integration with DocuSign, enabling organizations to syndicate smarter and elevate operational prowess.

Tamarack’s SyndicationBuilder was developed to accelerate portfolio syndication and securitization processes. It provides comprehensive asset pool analysis and automated “data tape” generation that enables capital market teams to quickly create targeted asset pools that align with strategic goals.

About Syndifi, Inc.

Syndifi is a pioneering online syndication platform designed specifically for the Equipment Finance industry. Facilitating secure transactions between Buyers and Sellers in the cloud, Syndifi has empowered over 700 leading buyers and sellers to syndicate smarter and securely share nearly $14 Billion in equipment finance deals. For more information on Syndifi, please visit https://syndifi.com/.

About Tamarack Technology, Inc.

For more than 20 years, Tamarack Technology, Inc. has been helping equipment finance companies improve productivity and profitability with software consulting and cutting-edge technology products. Today, Tamarack is the only professional services and product provider in the industry to deliver AI, business intelligence and customer self-service that maximize equipment finance operations across the entire software ecosystem. Tamarack’s industry experts understand equipment finance and can enhance a company's existing systems, close technology gaps and drive improved performance. For more information, please email discover@tamarack.ai or visit www.tamarack.ai.