Equiniti Riskfactor, the global provider of risk management and fraud prevention analytics for commercial finance lenders, is delighted to announce the appointment of Leigh Lones as Director to lead the launch of its new US business.
This key appointment signifies Equiniti Riskfactor’s commitment to the US market and is part of its strategy to expand EQ Riskfactor to a wider global audience. Leigh will help shape and develop the core EQ Riskfactor proposition for the US market and expand the US-based team to drive business growth and further product developments.
Leigh has significant experience in the financial services industry and specializes in the Asset-based Lending and Factoring space. Prior to her employment at Equiniti Riskfactor, she was Chief Executive Officer of Bibby Financial Services’ North American businesses and held strategic roles within Congress Financial and Citizens Business Capital.
Additionally, Leigh has held Director positions within the Commercial Finance Association and American Factoring Association and actively participates in supporting women in the industry through the Women In Commercial Finance.
This appointment follows Equiniti’s acquisition of Wells Fargo Shareowner Services which now trades under the rebranded name EQ by Equiniti.
Equiniti Riskfactor has a twenty-year heritage and occupies market leader positioning, with 90% of UK commercial lenders using EQ Riskfactor. The plan is to combine its risk expertise, unique risk algorithms and software capabilities into a compelling risk proposition for US commercial lenders, replicating its UK success.
Aaron Hughes, Managing Director at Equiniti Riskfactor, comments: “I am delighted to announce Leigh’s appointment and the launch of EQ Riskfactor in the US. There is immense potential for our specialist risk software in the US market and I am confident that Leigh’s outstanding experience, strategic insight and industry knowledge will drive significant expansion in the US market.
“This is an important milestone in Equiniti Riskfactor’s history and I’m proud to build on our existing client base and launch our unique fraud prevention proposition to an ever-widening audience.”
Leigh Lones, Director of Equiniti Riskfactor in the US comments: “I believe that Equiniti Riskfactor will revolutionise the US commercial lending market and provide lenders with a unique risk and fraud prevention tool that will surpass existing risk processes. While at Bibby Financial Services I implemented, and then used, EQ Riskfactor over an eight-year period. Its unique risk analytics delivered above and beyond expectations, generating a positive impact across the business.
“Throughout my time at Bibby, EQ Riskfactor became an integral part of the risk management and business processes. I am looking forward to taking EQ Riskfactor out to new lenders and leading the business to success in the US market.”