ANNOUNCEMENT

LEAF to Drive Business Forward with Odessa

Shared co-innovation on the Odessa Platform and leading functionality to provide a scalable technology foundation for LEAF

July 17, 2018

Odessa, a leader in equipment finance software solutions, today announced that LEAF Commercial Capital, Inc. (“LEAF”), a subsidiary of People’s United Bank, N.A., has selected the Odessa Platform. Continuing its long history of leveraging the latest technologies to power a superior customer experience and streamline service delivery, LEAF will further enhance equipment leasing operations with Odessa, a technology foundation that is faster, more flexible and architected to provide greater insight into its business.

With offices in Philadelphia, PA, Moberly, MO and Orange, CA, LEAF serves the leasing industry directly and through referral relationships with manufacturers, distributors and dealers. Focused on scaling for future growth and continuously enhancing the efficiency of its processes, LEAF chose Odessa to deliver real-time visibility into business performance and allow it to adapt to organizational changes with greater agility.

With Odessa’s unified suite of solutions, LEAF will be able to:

  • Streamline their business operations by consolidating front-end and back-end technology systems and processing
  • Easily integrate with other leading commercial technologies using Odessa’s APIs and extensible technology framework
  • Leverage continuous co-innovation through shared development on the Odessa platform, configuring internal processes with the ability to make corresponding technology changes

“The way we deliver on our promise of exceptional customer experience is continuously evolving, and we needed a system that could easily adapt to the changing needs of our business,” said Miles Herman, President and Chief Operating Officer, LEAF. “With Odessae, we will be able to support business changes and opportunities with greater ease and speed.”

“Odessa will help LEAF streamline its internal operations and arm its workforce with a single source of information at their fingertips,” said Madhu Natarajan, CEO, Odessa. “With a broad range of functionality designed for modern businesses, Odessa will also empower LEAF’s workforce with greater self-service, making it easier for them to report on data so they can focus on delivering value back to customers and the business.”

About LEAF

Trusted by nearly 250,000 businesses across the U.S., LEAF Commercial Capital, Inc., with the expanded strength of People’s United Bank, offers customized financing that helps our customers solve real problems. When companies need financing or need to offer financing – they achieve more with LEAF. People’s United Bank, N.A. is a subsidiary of People’s United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with over $44 billion in assets. People’s United Bank, founded in 1842, is a premier, community based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services, through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

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