Asset Finance Connect’s Summer Conference 2023

• Chinese BEVs are overtaking the competition. Opportunities and challenges for auto finance. 
• Partnerships are a necessary element in enabling transition to green.  
• How will the UK’s big banks respond to recent growth among independents and challengers?  
• Pricing strategies that focus on people and planet.  
• Best use cases of AI in asset finance.  
• Why understanding the implication of ChatGPT is the intelligent way forward. 
• FLA’s agenda for change – the most significant industry research in 2023.  

This event, which runs twice yearly in London and attracts an audience of 400 + delegates, examines how technology and regulation are transforming the way in which the industry serves its customers. Topics are developed through digital roundtables and webcasts many of which have been run in conjunction with Leaseurope and Eurofinas.  

Key speakers and topics for June include the following: 

David Betteley talks to Toby Marshall the CEO of GWM ORA, UK distributors of Funky Cat (a Chinese battery electric car) about the opportunities and challenges from financing BEVS produced by Chinese OEMs.  AFC argues that Chinese OEMs are making BEVs with better tech than their European alternatives and this provides opportunities and challenges for auto finance providers in the UK and Europe. 

Lauren Pamma from Green Finance Institute (formerly of Lex AutoLease) joins a panel of experts to consider the readiness of UK infrastructure, following the EU’s decision to continue with their timetable to ban manufacturer of ICE vehicles by 2040 and the UK’s timeline which remains at 2035.     Invitation only workshop: best use cases for AI in auto finance, led by Tony Lynch, entrepreneur in residence at Toyota Financial Services; with representatives from global auto manufacturer captives.  Part of primary research conducted by Asset Finance Connect in association with Alfa.

John Rees talks to Stuart Clarke, head of climate transition at Lombard about how they are orchestrating partnership arrangements which enable customers to mitigate the cost and risk of transitioning to green assets. A recent AFC/Leaseurope unconference finding suggested barriers to transitioning to green transport include lack of know-how and (emphatically!) missing infrastructure. Partnerships are being used to help lower these barriers.  

Case study and panel discussion with Leo Van Den Dungen, managing director of Cargobull Finance and head of construction, transport and industrial at DLL on their partnership agreement to enable sub-contractor last mile delivery vehicle drivers for a global delivery firm to transition to BEVs.  

Keynote speaker Timothy Biddle, new head of asset finance at Lloyds Banking Group will be talking to AFC about the new direction being established by this big UK retail bank as it focuses on growth, tech that can more comprehensively meet customer needs and the opportunities that might come from a more innovative approach to managing risk.  

Panel discussion reporting results of our recent unconference session for lenders and brokers; led by Stephen Bassett, AFC’s community leader for asset finance. 

Case study: use of AI to collect analogue data, present it digitally. Q&A about implementation with Novuna using a platform developed by Evolution AI. 

Ken Hunnisett, head of public sector, Triplepoint Investment Management will talk to next-gen delegates about pricing strategies which drive a purpose-led approach to financial services. These will include pay-per-use outcomes which reward environmentally friendly asset usage triggered payments over asset replacement triggered payments; and impact linked pricing which rewards successful delivery of social benefits through lower prices and could even penalise where funding fails to deliver promised social outcomes.    

Next gen workshop – interactive workshop for industry leaders and next generation participants from UK’s leading auto and asset finance companies – run by Asset Finance Connect and the Leasing Foundation.  

UK’s leading AI specialists will pitch best use cases for AI in the auto finance journey. Delegates and our tech specialists will identify the winning use case as part of this latest technology innovators award session sponsored by Lendscape.    Use cases to be considered include:   

• Using AI to predict buying intent from browser behaviour on auto OEM and aggregator websites. Case study plus an overview of the strategic implications for customers and lenders. 

• Using AI to predict manual underwriting outcomes. Opportunity to incrementally reduce high-cost manual decisioning and to accept more deals at a lower cost to serve without increasing credit risk. 

• Using AI to optimise the renewals and maximise customer lifetime values. Opportunity to use AI to supercharge this key value add for auto manufacturer captives.   

The Asset Finance Connect Tech Leader Presentation 2023. Bi-annual invitation by Asset Finance Connect to an industry tech leader to provide their overview of the applications of a tech solution for the industry. Eva Kellershof, CVP Europe and US, NETSOL Technologies will discuss (20 minutes presentation; 10 minutes Q&A) best use cases for ChatGPT/GPT-4 for the auto and equipment finance industry.   

Update by Stephen Haddrill on the Finance & Leasing Association’s research into future of credit – a major investigation designed to understand what consumers want from credit and how the industry can better meet their needs. The output of this research will be used to create an Agenda for Change. This is one of the most significant contributions by our industry to inform changes considered as part of the UK’s review of Consumer Credit Act.     Invitation only legal and regulatory workshop – run by Shoosmiths for compliance specialists. 

For more information visit Asset Finance Connect's dedicated conference website: