IDS has confirmed the appointment of Brendan Gleeson as chief strategy officer, effective from 1 June 2021.
In the newly created role, Gleeson will help to identify industry and technology trends and translate them into strategic insights for the company.
Gleeson brings nearly 30 years of industry experience to the role, with a successful track record and vision in developing and executing strategies, international expansions, and technology product innovation.
David Hamilton, chief executive of IDS, said: “Brendan’s innovation leadership and strategic direction at White Clarke Group led to the development of a world-class portfolio of solutions to meet the ever-changing needs of the automotive, wholesale and equipment finance marketplace.
“As part of the IDS executive team, he will continue to drive innovation by identifying mid- and long-term strategic needs of the broader secured finance industry and capitalize on technology trends with the goal of bringing to market forward-leaning solutions and innovative products for our customers.”
Gleeson added: “The technology landscape is rapidly evolving and requires dedicated focus to be able to innovate at the speed and scale our customers demand.
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By GlobalData“Emerging technologies like artificial intelligence and machine learning coupled with changes in consumer behaviour such as consumption-based subscriptions are reshaping market dynamics and creating new opportunities in secured finance. As these digital trends accelerate, financing firms will look to IDS to deliver innovative products to navigate the new normal with confidence.”
IDS recently acquired White Clarke Group, where Gleeson served as its group chief executice since 2013. The two companies are now combined as one to create a multi-asset class secured finance technology firm supporting banks, independent finance, and OEM captives.
In the automotive finance space, IDS and White Clarke Group will cover the retail, fleet and wholesale sectors. The CALMS retail finance platform includes point-of-sale, loan origination, loan servicing and floorplanning capabilities, serving eight of the top 10 auto manufacturers.