Solifi and EQ Riskfactor Partner to Give ABL Clients Better Insights on Collateral Risk

EQ Riskfactor, a provider of risk management software for the commercial finance market, is partnering with Solifi to offer asset-based lending customers a direct line of sight into collateral risk and performance in real-time. The partnership will create an integrated risk-management and fraud prevention platform that will provide lenders enhanced solutions that effectively manage risk, detect and prevent fraud proactively and identify actionable insights to make meaningful business decisions.

“We are very excited about our new partnership with Solifi.” Aaron Hughes, CEO of EQ Riskfactor, said. “Their unrivalled reputation in the secured finance market alongside our joint expertise ensures a brilliant foundation from which we can grow our business in the U.S. There are many synergies and we look forward to exploring and realizing the opportunity and potential this partnership brings.”

“We are thrilled that our new strategic partnership with EQ Riskfactor will bring increased value to our customers.” Bill Noel, chief product officer of Solifi, said.  “EQ Riskfactor’s advanced risk-management technology and solid reputation within the industry represents a key opportunity to support our customers globally. We share a common vision and commitment in providing market-leading technology that allows our customers to grow with confidence. Solifi’s commitment to research and development ensures that we partner with the best technology providers to help our customers remain ahead of the curve and to futureproof their businesses for decades to come.”