IDS | |
Type: | Private |
Foundation: | 1974 |
Location City: | 220 South Sixth Street Suite 700 Minneapolis, Minnesota, |
Area Served: | Worldwide |
Key People: | David Hamilton (CEO)Katie Emmel (COO) |
Industry: | Computer software Information Technology |
Products: | Rapport InfoAnalysis InfoLease |
Homepage: | idsgrp.com |
International Decision Systems (IDS) is a software development company that creates software for financial institutions and equipment-leasing companies.
IDS was founded in 1974 as Decision Systems. In 2000, the company changed its name to International Decision Systems when it went public in a merger with the British company CFS. Two years later in 2003, the company was bought back by the managers of IDS for $25 million. In 2008, IDS filed papers for an IPO hoping to raise $86 million.
International Decision Systems, Inc. provides asset finance and portfolio management software for the asset financing industry. IDS headquarters is located in Minneapolis, Minnesota with additional offices in Sydney, Australia; London, United Kingdom; Singapore; and Bengaluru, India.
A lawsuit was filed against IDS in 2003, shortly after IDS managers bought back the company. Capital Stream Inc. filed a $20 million lawsuit alleging IDS executives used insider knowledge to buy the company.