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Equipment Lease and Loan Finance Software Platform

Security Threats & How to Choose the Best Cloud Hosting

FILED IN: SPRING 2023 TRENDS IN EQUIPMENT FINANCE, EQUIPMENT LEASE FINANCE ASSOCIATION TRENDS, ASSET FINANCE, LTI TECHNOLOGY FINANCE, SECURITY, CLOUD HOSTING, OMAHA, NE FINANCE

Not understanding the potential pitfalls of who is responsible when it comes to security threats when using a third-party services provider can lead to critical business disruptions.  Evaluating your third party service provider and platform before encountering a security threat is critical to avoiding these business interruptions.

Until the security threat is resolved, core business functions cannot be conducted. And, if you aren’t prepared, it could be more than several weeks or more before you are back online and conducting business.  Not understanding potential pitfalls and who is responsible when a security threat happens can be devastating to your equipment leasing business.

What are the main core areas to look for in the best cloud hosting platform?

  • Security & Compliance – to ensure confidentiality, integrity and availability plus regulatory compliance and multi-layered security

  • Availability with a 99.5% Service Level and Disaster Recovery 

  • Scalability & Performance to allow for growth and expansion

 

ABOUT LTi CLOUD HOSTING Why is LTi technology software the top choice solution?

  • LTi’s elite clientele has allowed our design deep direct access to insights across key industries.  With 60% of the top 25 independents from The Monitor Bank 50, LTi has deep industry insights to client problems and has allowed our engineers to create innovative technology solutions.
  • LTi’s decades of highly specialized experience. With 34 years of experience partnering with large enterprise-wide platform change, including Cloud Hosting, serious time and budget commitments, LTi’s expertise in the equipment finance, leasing and loan industry is a MUST HAVE.
  • LTi has a full inside team to manage security threats, so your IT team can focus on business applications.
  • LTi’s deep client usage base. With over 100 customers using our Cloud Hosting and have been for over 14 years, we have deep specialized knowledge. 
 

Why choose LTi Cloud Hosting? There are many compelling reasons:

  • LTi’s Cloud Hosting is NOT a general purpose cloud – it is specifically tailored 

  • LTi has a dedicated team to monitor our cloud hosting platform – so response time to threats is faster

  • LTi controls all aspects of the cloud hosting environment – so we are not subject to a larger host demands

  • LTi takes the burden off your IT department to allow them to focus on other business challenges