Risk management software provider Equiniti Riskfactor, part of U.K.-based Equiniti Group PLC, has partnered with specialist factoring software provider, efcom GmbH, to develop a presence in Germany.
Equiniti will launch its flagship risk management and analytics software into the German factoring market through the deal. The software uses risk algorithms to flag deteriorating profiles and abnormal user activity.
This is the company's first international partnership.
