LTi appoints Matt Konopa as Chief Product & Technology Officer

LTi Technology Solutions has appointed Matt Konopa as Chief Product & Technology Officer (CPTO), a newly created role designed to accelerate innovation and strengthen the company’s ASPIRE equipment finance software platform.

Konopa will oversee LTi’s product management, engineering and technology operations, leading the strategy and development roadmap for ASPIRE, its flagship lifecycle management platform.

The appointment follows LTi’s acquisition by private equity firm Diversis Capital earlier this year and forms part of the company’s strategy to enhance platform interoperability, accelerate product development and deliver greater value to equipment finance providers across the US, UK and Canada.

Konopa brings more than 20 years of experience developing and scaling technology products within the financial services sector.

He joins LTi from FIS, where he served as Vice President of Product Management. Previously, he was Product Lead for Card Payments at Google, supporting checkout and payment experiences across the company’s consumer products.

In his new role, Konopa will focus on developing ASPIRE into a more open, API-first platform, improving access to real-time data and integrating automation and artificial intelligence into equipment finance workflows.

The strategy aims to help equipment finance companies, captive finance providers, independent lenders and banks improve operational efficiency, streamline processes and make more informed decisions throughout the financing lifecycle.

Jeff Van Slyke, President and CEO of LTi Technology Solutions, said: “Matt is exactly the kind of leader we want guiding ASPIRE into its next chapter.

“He has led the build out of mission critical products at some of the most respected names in technology and financial services and therefore knows how to turn complex workflows into experiences customers are delighted by.”

Van Slyke added: “Bringing product and technology together under his leadership will allow us to expedite the pace of innovation while delivering significant value to our customers and the equipment finance industry as a whole.”

Konopa’s appointment brings product development and technology leadership together as LTi looks to expand the capabilities of its software and respond to evolving customer requirements.

The company is placing particular emphasis on interoperability, enabling finance providers to connect systems more effectively and access data throughout the customer lifecycle.

Commenting on his appointment, Konopa said: “For more than three decades, LTi has earned the trust of the equipment finance industry and ASPIRE gives us a powerful foundation to build on.

“Now we’re working to accelerate. Together with our customers and our talented team, we’ll evolve ASPIRE into an open, API-first platform, unlock real-time data across the customer lifecycle, and embed intelligent automation and AI where it drives the most value.”

He added: “The goal is simple: give our clients the technology to scale faster and make smarter decisions.”