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Advancing Agility in Equipment Finance with Leading-Edge Technology

Date: Apr 06, 2021 @ 01:00 PM
Filed Under: Industry Trends

In this interview with Eldon Richards, Chief Technology Officer of IDS | Secured Finance Technology, Richards discusses how rapid advancements in technology including AI and Machine Learning can empower agility in the equipment finance industry and positively impact the customer experience. Richards also provides his insights into the technologies that are likely to have the greatest impact on the future of the equipment finance industry, how technology allows lessors/lenders to mitigate risk via the aggregation of industry and market data, and finally he discusses how the effective implementation of technology can improve the customer experience.

Sponsored By:

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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