International Decision Systems
| Company type | Private |
|---|---|
| Industry | Financial software |
| Predecessor | Decision Systems |
| Founded | 1974 |
| Headquarters | Minneapolis , United States |
Area served | Worldwide |
| Products | Software for asset financing and portfolio management |
| Website | www |
International Decision Systems (IDS) specializes in creating software solutions for financial organizations and companies involved in equipment leasing.
History
Originally established in 1974 under the name Decision Systems, the company adopted the name International Decision Systems in 2000 after merging publicly with the UK-based firm CFS. In 2003, the company was bought back by its management team for $25 million. IDS pursued an initial public offering in 2008 with a target of raising $86 million.
Company Overview
IDS delivers software designed for asset financing and portfolio management specific to the asset finance industry. Its headquarters are located in Minneapolis, Minnesota, with additional offices situated in Sydney, London, Singapore, and Bengaluru.
Controversies
Following the management buyout in 2003, Capital Stream Inc. initiated a $20 million lawsuit against IDS, accusing the company of utilizing insider information during the acquisition process.