Tamarack’s AI technology and Sandhills’ asset value insights support real-time decisions on portfolio performance

Sandhills Global

Tamarack Technology, Inc., and Sandhills Global have entered into a strategic partnership designed to help equipment finance companies elevate portfolio management and profitability. Combining the power of operational data and real-time insights from Sandhills’ Value Insight Portal (VIP), the partnership will provide Tamarack with access to Sandhills’ market value asset data, which can be aggregated and analyzed by artificial intelligence (AI) technology to inform decision-making and improve portfolio performance.

“Rising interest rates and the threat of a recession have turned industry focus to asset quality and portfolio performance,” said Scott Nelson, president and CDO at Tamarack Technology. “Sandhills Global’s asset valuation products are the industry standard for assessing the economic status of asset values. The data we get from their Equipment Value Index gives us the ability to provide customers with real-time insights into how asset values are impacting their portfolios and the recommended actions to improve their performance.”

Historically, portfolio performance has been difficult to manage due to a lack of actionable insights from data, which is often siloed in disparate information systems that require manual review in order to make strategic business decisions. This partnership represents a shift in how equipment finance organizations can manage portfolios, drive better performance, and make enhanced business decisions using Tamarack’s AI technology and Sandhills’ market value data.

“The opportunity to leverage Tamarack’s suite of AI products to scale the use of our capabilities in the equipment finance market opens up a wide spectrum of opportunities to reduce risk and improve performance,” said Mitch Helman, AuctionTime sales manager at Sandhills. “Tamarack converts our data into actionable insights for portfolio managers, giving them the real-time data they need to manage current and future portfolio performance. For us, working with Tamarack to bring this new capability to the market was a no-brainer.”

Tamarack’s suite of AI products was developed to enhance the productivity and revenue capabilities of equipment finance companies by leveraging both operational and market-level data. Using data from both inside and outside an equipment finance organization, the AI products automate decisions within underwriting, syndication, and funding.


About Sandhills Global

Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Its products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. The company’s integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills’ Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry. For more information, call (800) 331-1978 or visit www.sandhills.com/contact-us.

 
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Tamarack

Tamarack Technology, Inc. is a leading provider of independent software, operational, and technology services supporting the equipment finance industry for more than 20 years.

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