Haydock Finance Subscribes to Additional Appex Now Products – Dock and Lane

The United Kingdom-based award-winning asset finance specialist is now using three different products from NETSOL’s Appex Now marketplace

ENCINO, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) -- NETSOL Technologies, Inc. (Nasdaq: NTWK), a global business services and enterprise application solutions provider, announced that existing customer Haydock Finance, a leading asset finance specialist based in the United Kingdom, has signed up for two additional products from NETSOL’s Appex Now marketplace – Dock and Lane.

Dock is a centralized document generation tool with template-based configuration and simple syntax, allowing users to create accurate documents in just seconds. Lane offers a feature-rich, end-to-end order management system for asset leasing/loans and credit companies.

In April 2023, Haydock Finance subscribed to Flex, an API-based, instant calculation engine covering all calculation aspects ranging from the pricing for the end customer at inception, in-life financial modifications, the re-creation of the repayment plan, termination, amortizations/re-amortizations, among other calculation types. Flex was the inaugural product launched as a part of the NETSOL’s Appex Now marketplace, the first marketplace for API-first products specifically designed for the global credit, finance and leasing industry.

Najeeb Ghauri, Founder and CEO of NETSOL Technologies Inc., stated, "We are very pleased to further enhance our partnership with Haydock Finance in the UK. After integrating our cloud-based calculation engine Flex into their operations and benefiting from its efficiency, accuracy, and timely calculation results, they have chosen to subscribe to two additional products from our Appex Now marketplace, Dock and Lane."

"The quick success of our API-first products, which are changing how businesses integrate our solutions, excites me as CEO," he continued. "Our dedication to an API-first strategy has enabled our customers to onboard quickly and efficiently, greatly enhancing their experience. We've seen a rise in the number of financial institutions registering for our API-first products as a result of our emphasis on seamless integration and user-friendly interfaces, confirming our position as industry leaders in offering quick and simple solutions."