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Empowering Agility in Asset-Based Lending with Leading-Edge Technology

Date: Mar 28, 2021 @ 02:00 PM
Filed Under: Industry Trends

In this interview with Eldon Richards, Chief Technology Officer of IDS | Secured Finance Technology, Richards discusses how the adoption of rapid advancements in technology can empower agility for the asset-based lending industry and positively impact the customer experience. Richards provides his insights into the technologies that have the greatest opportunity to impact the future direction of asset-based lending, how technology allows lenders to stay ahead of risk through aggregating industry and market inputs, and finally he discusses how can technology improves the customer experience.

Sponsored By:
IDS Secured Finance Technology
 
Eldon Richards
Chief Technology Officer | Solifi
Eldon Richards joined Solifi’s Executive Team as Chief Technology Officer at the start of 2020, bringing more than 20 years of enterprise software product development and global technology leadership. In this role, Eldon leads the development of the company’s product portfolio, including Solifi’s Open Finance Platform.

Eldon joined Solifi from Recondo Technology, an enterprise SaaS platform providing revenue cycle management for healthcare organizations. As Recondo's CTO, Eldon was responsible for all aspects of their SaaS technology platform including integration of advanced technologies like machine learning (ML) and natural language processing (NLP). Eldon was a key contributor to the company’s success, which led to the acquisition by Waystar. Prior to Recondo, Eldon held executive technology leadership positions at PatientPoint, Optum, and United Health Group.

Eldon holds an undergraduate degree in computer science from the University of Utah, MBA from the University of Minnesota Carlson School of Management, as well as graduate level certificates from Stanford University, Washington University in St. Louis and is a Six Sigma Green Belt.
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