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November 2009 Former BMW Financial Services Executive Mr. Frank Stenner released a book about the role of auto finance lenders and industry best practices in November 2009, entitled “Handbuch Automobilbanken, Finanzdienstleistungen für Mobilität”. This German language book has contributions from a number of business executives and other industry experts. Peter Jobst and Albrecht Wangerin from BenchMark Consulting International wrote a chapter about process efficiency and optimization. The book was published by Springer-Verlag Berlin Heidelberg.
November 2009: Middle East Launch Our efforts are spearheaded by our Middle East Representative Mr. Abdulhameed Rajab Abdulaziz with strong assistance and commitment from the global management ranks and further access to local knowledge from a local partner. BenchMark brings a unique skill-set to the region with its comprehensive expertise in global best practices coupled with expertise in Sharia compliance and local practices. We are currently working with a group of companies including international players as well as local banks, local independent or dealership owned leasing and installment companies, and foreign companies seeking local finance partners. November 2009 Rich Apicella discussed growth and profit opportunities for Community Banks in the ABA Banking Journal Retail Banking Report, "Is Consumer Lending the New Model?" September 2009 George Halloran spoke at the combined 11th Annual AFSA State and Government Affairs Forum and 74th NACCA Annual Meeting in Miami, FL on "Financing a Car in 2009 and Beyond." The discussion focused on the regulatory issues related to funding, marketing, risk management, credit underwriting and loss management facing auto dealers and the originators of auto financing as well as the regulators of the industry. September 2009 Thomas Geier spoke at the China Leasing Summit 2009 in Beijing on "Best Practices and Operational Excellence in the Vendor – Lessor Relationship." Thomas presented key worldwide trends in the leasing industry, discussed how high quality and efficient leasing processes benefit lessors and vendors and showed best practices in leasing processing. June 2009 Rich Apicella presented the results of the 2009 National Automotive Finance Association non-prime industry study at the NAF’s annual conference in Ft. Worth. The presentation highlighted current trends in the nonprime auto finance marketplace, and reported on a variety of operational and portfolio metrics reported by more than twenty participating nonprime finance sources. May 2009 BenchMark Consulting International Global Reorganization. BenchMark Consulting International realigns global resources to intensify focus on the vehicle finance and equipment leasing markets, and to provide seamless service and local insight to our customers. June 2008 Rich Apicella was a keynote speaker at the 10th Annual Auto Lending Symposium conducted by Credit Union Direct Lending (CUDL). Rich presented the results of a recently-completed BenchMark survey of CUDL credit unions that addressed key metrics in the Originations and Loss Management domains. Rich also compared credit union performance against operational benchmarks for banks, captives and independent finance companies. June 2008 Rich Apicella presented the results of the 2008 National Automotive Finance Association non-prime industry study at the NAF's annual conference in Ft. Worth. The presentation highlighted current trends in the nonprime auto finance marketplace, including credit quality, origination volumes, loan terms, loan to value ratios, repossession rates, as well as delinquency and loss rates. May 2008 Rich Apicella interviewed in the May 2008 edition of F&I Magazine concerning the results of the 2008 CBA Auto Finance Study. Topics discussed included current market trends in Originations and Loss Management. May 2008 Rich Apicella appeared on CNBC's Squawkbox to discuss the state of the auto finance market. Topics discussed included the impact of the current credit crunch, industry trends in credit quality and business volumes, as well as future prospects for the market. April 2008 Auto Finance Practice Executive, Rich Apicella, and George Halloran recently authored The Rising Repossession Tide, which analyzes the rising rate of repossessions and explores methods that organizations can use to prepare for the coming flood. April 2008 Rich Apicella presented the results of the 2008 CBA Automotive Finance Survey at the Consumer Bankers Association National Automotive Finance Conference. The survey, conducted by BenchMark, reported latest trends in automotive portfolio growth, credit quality, loan terms and loan-to-value trends across respondents from banks, captive auto finance and independent finance companies. March 2008 Rich Apicella presented the results of a BenchMark-conducted survey on vehicle remarketing trends, performance metrics and process intervals. The study was commissioned by the International Automotive Remarketers Alliance (IARA), and presented at their annual conference conducted in conjuction with the Center for Automotive Research. March 2008 SourceMedia held it's 12th Annual National Collections and Credit Risk Conference in New Orleans where Rich Apicella facilitated a panel discussion entitlted "Auto Collections: An Art of Negotiation." Participants on the panel included representatives from BMW Financial Services, Triad Financial and Austin Logistics. February 2008 Rich Apicella, Auto Finance Practice Executive, facilitated a panel discussion at the American Financial Services Association annual auto finance conference entitlted "Driving Best Practices in Collections and Servicing." Participants on the panel included representatives from Capital One Auto Finance, Center One and BenchMark Consulting International.
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