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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 | IDS | Secured Finance Technology
Eldon Richards is responsible for the company’s overall technology strategy, direction, and execution. Eldon has extensive experience in forming teams that excel at swiftly responding to market technology needs and continuously improving quality. Eldon joined IDS from Recondo, where he served as Chief Technology Officer. At Recondo, Eldon managed the company’s SaaS offerings and led innovation with artificial intelligence and natural language processing. Previously, he led product development and technology teams across the enterprise at PatientPoint, UnitedHealth Group and Optum. Eldon’s career at UnitedHealth Group and Optum spanned 18 years, including leading worldwide teams that developed groundbreaking products such as Optum’s Enterprise Computer Assisted Coding, and successfully deployed hundreds of production releases every year. Eldon holds a Bachelor of Science in computer science from the University of Utah, an MBA from the Carlson School of Management at the University of Minnesota, and graduate certificates in management and technology from Stanford University and Washington University in St Louis.
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