FOR IMMEDIATE RELEASE:
Appointment positions global software provider for next phase of growth
WILMINGTON, Del. December 08, 2015 – Katabat, a leading provider of comprehensive customer experience management for top global lenders, announced today that Raymond Peloso has been appointed to the position of Chief Executive Officer. Peloso joined Katabat in September 2014 as Head of Product and Marketing Strategy and became Chief Operating Officer in May.
Citing the firm’s continued growth ambitions and the need for increased scalability and product standardization, co-founder and outgoing CEO Vytas Kisielius praised the move. “Katabat has grown rapidly and expanded both our product and our geographic footprint over the past several years,” he said. “With a strong balance sheet, a great product and a terrific pipeline, now is the perfect time for us to benefit from Ray’s operating and business expertise to take our franchise to the next level.”
Katabat serves a global client base with solutions for Collections and Recovery as well as portfolio servicing and marketing. Since its founding in 2006, Katabat has been a driving force in the revolution in customer engagement, delivering automated, cloud-based customer management solutions across the credit lifecycle.
“I’m delighted to be building from a solid position in the market, and in conjunction with a dynamic and experienced team, advancing our competitive advantage through improvements in speed to ROI, subject matter expertise and delivery quality,” said Peloso. “I’m excited to take on this new challenge and eager to support our fantastic colleagues in continuing the success story that is Katabat.”
Prior to joining Katabat, Peloso served as a senior executive for Royal Bank of Scotland and its U.S. subsidiary, RBS Citizens Bank. His experience spans two decades of executive leadership roles with MBNA, Citi, and Capital One including responsibility for default management across all retail products. He holds a BA from Georgetown University and an MBA from Georgetown’s McDonough School of Business.
Katabat offers pioneering customer experience management solutions that enable lenders to deploy synchronized offers, contacts, workflows, content and treatments across credit card, real estate, student, and installment loan products. The company’s CredAgility® platform is helpings a rapidly growing number of top lenders automate customer-facing business processes, optimize the effectiveness of their resolution strategies, and realize efficiency gains through improved customer engagement. The company’s Unified CollectionsTM solution, for example, helps creditors improve their borrowers’ experience, realize large efficiency and effectiveness gains, while dramatically improving compliance. For more information, visit www.katabat.com or call 302-830-9262.