Mr Allen will be responsible for developing international markets for Inmatrixâs suite of credit risk solutions, focusing primarily on the banking sector in the United States and the United Kingdom.
Mr Allen has a strong background in banking and credit risk management, having worked at ANZ for the past 14 years, most recently as Program Director e-Credit, developing credit transformation strategies and web-enabling credit services.
Inmatrix's General Manager Australia, Mr Andy Ford, said Inmatrix products were well established in the Australasian banking sector, prompting the company to progress larger markets globally.
"David has an excellent understanding of banks' requirements for credit risk assessment tools and portfolio stress testing. He has also implemented and used the Inmatrix products within the ANZ, which gives him unparalleled insight into our products from a client perspective," Mr Ford said.
"Inmatrix already has several clients in the banking sector internationally, and with Davidâs expertise and hands-on experience with our products we are confident of further growing our market share."
"David has a thorough understanding of our clientsâ requirements and existing systems and can therefore ensure ongoing product relevance and guide product development in line with market needs. He will also be instrumental in product integration and managing major accounts globally."