New Hire: Steve Carruthers, Former Mortgage Tech Chief, Takes On Growth Director Role at Fignum
Fignum, a leading technology provider specialising in loan origination and servicing for mortgages, motor finance, and unsecured lending, has announced the appointment of Steve Carruthers as its Growth Director. This strategic move is part of Fignum's growth strategy, focusing on scaling operations, expanding its client base, and deepening its role as a trusted technology partner in the mortgage sector.
With over 30 years of experience in mortgage distribution and business development, Carruthers is well-suited to drive Fignum's next phase of growth. His deep relationships across the mortgage sector and understanding of both legacy challenges and modern solutions make him an ideal candidate for the role.
Andrew Lloyd, CEO of Fignum, believes Carruthers' appointment underscores their commitment to being a trusted technology partner. "Steve's extensive experience and industry knowledge will be invaluable as we continue to expand our client base this year," said Lloyd.
For 2023, Fignum plans to grow its client base by attracting new lenders seeking more than just technology but also a flexible, efficient, and effective end-to-end mortgage lifecycle management partner. To achieve this, the company will launch enhanced features for its Fignum Origin origination software to improve loan processing capabilities and introduce a new Adapt servicing platform, aimed at advancing loan servicing technology.
These moves position Fignum to meet the increasing demand for modern, collaborative mortgage technology platforms that help lenders manage the entire mortgage lifecycle more effectively. The new Adapt servicing platform is set to launch this year, further solidifying Fignum's position in the market.
Carruthers, who previously served as Business Development Director for Mortgages at Finova, expressed his excitement about joining Fignum. "Fignum is positioned well in the market for this role, and I'm looking forward to leveraging my experience to help drive the company's growth and innovation," said Carruthers.
Fignum's technology is highly configurable and aims to address challenges posed by outdated legacy technology. It is designed to be intuitive and easy to navigate for users, making it an attractive choice for lenders seeking a technology partner that can meet their unique needs.
In summary, Steve Carruthers’ appointment is a strategic step to accelerate Fignum’s expansion in 2023 through customer growth and platform innovation, emphasising trusted partnership and digital transformation in the competitive lending market.
Steve Carruthers, with his extensive background in the mortgage sector, will leverage his industry knowledge to drive Fignum's growth in technology and business, playing a significant role in the company's expansion plans. In line with its focus on innovation, Fignum plans to enhance its origination software and launch a new servicing platform, demonstrating its commitment to providing modern, collaborative mortgage technology that caters to the unique needs of lenders.
