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SOURCE SquareTwo Financial
DENVER, Nov. 4, 2013 /PRNewswire/ -- SquareTwo Financial, a leader in the $100 billion asset recovery and management industry, today announced that the company has been named to the 2013 InformationWeek 500. The InformationWeek 500 recognizes the nation's most innovative users of information technology with revenue of $250 million or more.
SquareTwo Financial was recognized for the proactive implementation of a sophisticated telecommunications solution that will help the company adhere to anticipated regulatory changes well in advance of their implementation. The comprehensive telecommunications infrastructure also gives the company a substantial advantage over competitors that are taking a more reactionary approach to regulatory compliance.
"We have always considered ourselves a technology-rich company operating in the heart of the financial services industry," said Paul A. Larkins, president and CEO of SquareTwo Financial. "Our technology team is directly tied into the business goals of the company. That includes using technology to give us every possible competitive edge when it comes to working with consumers to help them meet their financial obligations in a fair, ethical and honest way."
To be considered for the InformationWeek 500, qualifying companies must complete a rigorous application on their business technology strategies. Winners are selected by a panel of InformationWeek editors who determine the final ranking by factoring in both quantitative and qualitative results and qualitative judgments.
"We are fortunate to be technology innovators working for a company that often looks to technology as a way to solve business challenges and exploit business opportunities," said William A. Weeks, CIO at SquareTwo Financial, who earlier this year was named CIO of the Year by the Denver Business Journal. "This particular solution combines in-house development with off-the-shelf solutions to create a custom technology system that helps our company operate more efficiently, effectively and competitively."
About SquareTwo Financial
SquareTwo Financial is a leader in the $100 billion asset recovery and management industry. Through its award-winning technology, industry-leading security and compliance practices, SquareTwo Financial creates a more effective way for companies and consumers to resolve their debt commitments. Lenders in the Fortune 1000 trust SquareTwo Financial to manage their debt portfolios. In all of its recovery efforts, SquareTwo Financial is committed to delivering the FAIR SQUARE PROMISE, the company's pledge to treat each Customer with fairness and respect. SquareTwo Financial is based in Denver, Colo. Visit www.squaretwofinancial.com for more information.
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