- EQ Riskfactor launches its first cloud-hosted SaaS product in the U.S.
- The new SaaS model enables lenders to implement the software seamlessly with no need for costly IT infrastructure, leading to rapid deployment and return on investment
- The SaaS model is an extension of EQ Riskfactor and is specifically designed to meet the growing demand from the large U.S. factoring and receivables finance market
Aaron Hughes, Managing Director at EQ Riskfactor commented:
Offering a cloud delivery method opens up our solution to all receivables lenders in the US. This is an exciting time for the business and our new product will scale our offering to a much wider market and offer a more streamlined and cost-effective customer experience.
Risk management is a critical process for companies in the factoring and receivables industry and by offering EQ Riskfactor as a cloud-hosted, SaaS model we will streamline the service for customers. This will result in time and cost savings while maintaining the exemplary standards we pride ourselves on delivering.
I look forward to seeing new customers benefit from our unique combination of expertise and proven risk management software which pulls together global best practice.”