As fleet orchestration becomes increasingly complex, FMCs are challenged with meeting client demands while navigating growing compliance requirements. Recognizing this, Ridecell, an agentic AI platform for the fleet and leasing industries, embarked on a journey with IBM Cloud for Financial Services® – an industry-specific platform that aims to help reduce risk throughout the industry by helping financial institutions address their resiliency, performance, security and regulatory compliance obligations.
Ridecell is now available on IBM Cloud for Financial Services and can help clients host regulated workloads—from lease financing to usage-based insurance—with a focus on scalability, security and resilience. Building on Ridecell’s mission to help enterprises bolster compliance for the fleet and leasing industries, clients can now manage sensitive operational financial data sharing between suppliers, manufacturers and customers.
At the heart of IBM Cloud for Financial Services is the IBM Cloud Framework for Financial Services developed in collaboration with industry experts to help clients automate their security and compliance posture through security and controls built into the platform. The framework is designed to set a new standard for the compliance-conscious industry and aims to help clients address evolving rules, laws and regulations. The controls are industry-informed – established in collaboration with IBM’s Financial Services Cloud Council. The Council brings together the collective intelligence of CIOs, CTOs, CISOs and risk experts from financial institutions around the world.
By meeting the requirements of the IBM Cloud Framework for Financial Services, Ridecell has been validated to be in alignment with IBM’s framework. This marks the latest step in furthering Ridecell’s commitment to operational excellence, data security, and regulatory compliance for fleet and mobility industries.
IBM Cloud for Financial Services is designed to help financial institutions reduce the complexity of managing ISV and SaaS workloads while helping institutions demonstrate regulatory compliance more efficiently. Only ISVs and SaaS providers that have evidenced compliance with the Framework are eligible to deliver offerings with the IBM Cloud for Financial Services Validated designation.
Supported by a growing ecosystem of technology partners and fintechs, the industry-specific platform is designed to accelerate digital transformations with a focus on trust and security at the forefront.
“With Ridecell now available on IBM Cloud for Financial Services, we are building on our longtime commitment to our customers with security, scalability and resiliency at the forefront,” said Aarjav Trivedi, CEO of Ridecell. “We believe the latest step in our journey reinforces our ability to support leasing providers, captives, and financial institutions with a secured ecosystem platform that connects fleets, suppliers, manufacturers, consumers and businesses via its Intelligence, Orchestration and Marketplace Products.”