Global Riskfactor partnership launched between efcom and Lenvi
efcom gmbh and Lenvi Riskfactor (UK) have signed a partnership agreement to bring together their expertise and market leading technology to provide customers with connected experiences and continue to drive innovation for the receivables finance industry.
Lenvi Riskfactor is a global leader and innovator in risk management software. The technology is used globally by receivables finance providers and asset-based lenders to manage risk, reduce fraud and maximise efficiency. Lenvi Riskfactor has been built and iterated over 20 years by industry experts and is the trusted risk partner protecting customer portfolios for more than 50 lenders spanning 18 global locations.
By partnering with Lenvi Riskfactor, efcom bolsters the existing risk functionality aided to their clients, enabling lenders to better safeguard and scale their portfolios. This collaboration will provide deeper insights, reducing risk exposure while optimising growth opportunities for efcom clients.
Federico Avellan Borgmeyer, chief partner officer at efcom, affirms: “Though efcom already has a risk management module, clients seeking deeper data insights can now use the integrated Lenvi Riskfactor solution. Clients simply access Lenvi’s system through our application, which provides all the necessary information to understand their portfolio, enhancing risk detection and improving their market position.”
Ahmed Amin, sales director at Lenvi Riskfactor, comments: “Our partnership with efcom provides opportunity for the companies to better serve our existing mutual customers, developing more aligned product proposals and innovating together. In addition to this, we see efcom as a strategic partner due to their position as a leader in the DACH region, a complementary market for Lenvi Riskfactor as we continue to expand our global presence.”
