New name reflects company’s strategic direction andexpanding technology ecosystem
St. Paul, Minn. (February 14, 2021) — Tamarack Consulting, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has officially changed its name to Tamarack Technology, Inc. The name change reflects the company’s new focus supporting digital transformation within the equipment finance industry.
“Over the past nine months we’ve have gone through a metamorphosis of sorts and the name change reflects who we are and where we’re going,” said Daniel Nelson, founder and CEO of Tamarack Technology. “Our core values of integrity, collaboration and ingenuity remain but we’ve have defined a new mission, expanded our team with new technology expertise, and charted a course to help lead digital transformation in the equipment finance industry.”
The company’s evolution reflects the changing dynamics within the equipment finance industry as well as the advancements in the technology of equipment such as IoT and AI – both of which are poised to transform operations within the industry. According to Nelson, “the equipment finance industry is uniquely positioned to help others get access to the marvelous new equipment and digital services that connected technology enables while simultaneously benefiting from access to real-time equipment data.”
“At Tamarack, we believe in unlocking the opportunity of data with access to capital and that data protects capital,” said Nelson. “We’re committed to helping lessors and their customers implement and integrate digital technologies to innovate both their offerings and operations. For us, it’s about leveraging data of all types to reduce risk and improve operational performance.”
About Tamarack Technology, Inc.
Tamarack Technology, Inc. is a leading provider of independent software, operational, and technology services supporting the equipment finance industry. For more than 20 years, Tamarack has been helping lessors protect their investments, improve business performance, and provide customers with access to solutions that enhance operations. The company integrates and supports origination and portfolio management systems as well as critical functions such as lease accounting, sales tax, insurance and UCC compliance. Tamarack's software products connect and integrate key ecosystem applications with real-time data. The company also provides integration, implementation, and data migration services, as well as automation products for several leading industry portfolio management platforms. For more information, please email discover@tamaracknow.com or visit www.tamaracknow.com.