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Executive Leadership

Philip Rieck

Philip Rieck

SVP/CTO

Philip Rieck is the Senior Vice President and Chief Technology Officer at LTi and is responsible for leading product development and information technology, as well as defining LTi’s technical strategy and vision. He has spent the majority of his career in the equipment finance industry, gaining experiences in areas such as software development, product management, and cross-functional delivery of software.  Immediately prior to joining LTi, Philip was a Principle at Sogeti, and head of their finance technology practice in the Midwest. While Senior Vice President and Chief Technology Officer is his primary job function by day, Philip also enjoys mentoring First Lego League teams and astrophotography with his son.

Philip has presented at a number of different technical conferences, including Heartland Developer’s Conference, Infotec, Microsoft’s Professional Developers Conference, and multiple regional developer groups.

More To Explore

Green Assets and Sustainability in the UK: Opportunities for Service Providers

Discover how the UK’s focus on sustainability is driving demand for green assets in the asset finance industry. Learn about key trends, ESG reporting, and how the push for sustainability is reshaping the UK asset finance sector. As companies strive to meet net-zero targets and enhance ESG scores, the demand for financing sustainable technologies has surged. Service providers can capitalize on this trend by offering tailored financing solutions and leveraging platforms like LTi Technology Solutions’ ASPIRE to streamline lifecycle management and regulatory compliance. Discover how embracing green asset finance positions your business for long-term growth and environmental impact.

Cost Pressures and Economic Challenges in the UK Asset Finance Industry

The UK asset finance sector is grappling with rising operational costs, economic uncertainty, and increased regulatory demands. With inflation easing but uncertainties persisting, firms are seeking strategic ways to manage cost pressures while maintaining a competitive edge.

Technology investment is critical as firms adopt AI, automation, and data analytics to streamline operations and enhance customer experiences. Simultaneously, compliance costs and recruitment challenges in securing top talent are driving up expenses, particularly for SMEs. Rising insolvencies and client defaults further highlight the need for robust risk management strategies.

To thrive in this environment, firms can leverage scalable, cloud-based solutions like LTi Technology Solutions’ ASPIRE platform. With over 35 years of expertise, ASPIRE empowers firms with tools for digital transformation, enhanced risk management, and sustainable growth.