BMO Equipment Finance Chooses NETSOL’s Transcend Finance Platform
News related to:NETSOL Technologies Inc · 2 min read
ENCINO, Calif., Sept. 15, 2026 /CourierPR/ -- BMO Equipment Finance has chosen to implement NETSOL Technologies’ Transcend Finance platform to manage its equipment financing operations. This move marks a significant step in BMO’s digital transformation and aligns with its commitment to enhancing operational efficiency and customer engagement.
NETSOL Technologies, a provider of AI-enabled solutions for the asset finance and leasing industry, has been selected by BMO to transition from its legacy LeasePak platform to the advanced Transcend Finance platform. This upgrade is expected to streamline BMO’s equipment finance portfolio, enabling the bank to leverage the platform’s advanced capabilities for originations, servicing, and wholesale finance.
"Najeeb Ghauri, Founder and CEO of NETSOL Technologies, expressed his satisfaction with the partnership, stating, 'For over 30 years, NETSOL has been privileged to support BMO’s growth and innovation, delivering robust, reliable solutions. With the transition to our Transcend Finance platform, BMO is poised to unlock new levels of operational efficiency, risk management, and customer engagement.'"
Built on NETSOL’s global experience, Transcend Finance is a next-generation, AI-powered platform designed to unify originations, servicing, and wholesale finance. The platform is built for scalability and flexibility, allowing lenders, captives, and commercial financiers to accelerate their digital transformation, launch new business models, and manage the complete finance lifecycle with intelligence and precision.
BMO Financial Group, the eighth largest bank in North America by assets, is known for its broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services. The bank is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities.
NETSOL Technologies, with its roots dating back to 1997, has been at the cutting edge of technology, pioneering innovations with its asset finance solutions and leveraging advanced AI and cloud services to meet the complex needs of the global market. Renowned for its deep industry expertise, customer-centric approach, and commitment to excellence, NETSOL fosters strong partnerships with its clients, ensuring their success in an ever-evolving landscape.
The transition to Transcend Finance is expected to position BMO at the forefront of digital asset finance solutions, driving agility and growth in a competitive marketplace. This upgrade will enable BMO to enhance its operational efficiency, risk management, and customer engagement, setting a new standard for efficiency and digital transformation in the financial services sector.