Brian K. Fitzpatrick
President, CEO and Director
Brian joined Qredible in May 2019 as Founder, President, CEO and Director. Brian brings his significant experience in launching, growing and leading start-up software companies. Brian is a results-driven Executive Leader possessing nearly 20 years of experience as a Chief Executive Officer and 25 + years of experience in operating and building financial and regulatory technology companies. Brian has extensive experience developing corporate strategy, executing key business initiatives, and building optimal infrastructures for rapid and profitable growth. Since April 2019, Brian has also been serving as the CEO and President of BSA Advisers, Inc., a company that provides strategic consulting and advisory services primarily to the legalized hemp and marijuana industries.
Prior to becoming a CEO of several successful start-up and early-stage software and services companies; Brian began his career as a top sales performer and sales leader at various start-up companies as well as leading national sales for a division of Electronic Data Systems, one of the largest technology firms in the world. His early career helped him to establish his roots in sales and sales discipline through utilizing multiple sales methodologies. This has been a key element of success as Brian has instilled in all of his businesses a sales-driven culture through solution selling disciplines that focuses on the customer and their concept and needs.
Prior to becoming a founder of Qredible, from October 2009 to June of 2019, Brian served as CEO of LoanLogics, an industry leading mortgage finance analytics software and services company in the US. Brian joined the organization as a start-up and led the company to become a significant player in the industry with a wide range of clients throughout the US with a significant year-over-year growth of recurring software and technology enabled services revenue. Brian led two institutional funding rounds totaling more than $22 million and steered the merger with NYLX, Inc and Aklero Risk Analytics, Inc. to form LoanLogics in 2013. He later led the strategic relationship of the company with OptimalBlue in 2018, which included the sale of the company’s loan product and pricing technology.
Under his leadership during his tenure at LoanLogics, Brian was responsible for the vision, development and implementation of an advanced automated loan quality management system called LoanHD as well as a document processing SaaS platform called IDEA. This included electronic forms recognition, optical character recognition and later machine learning and artificial intelligence-based technologies that greatly increased the competitive distinction of the company as well as reduced the cost of client’s operations.
Prior to LoanLogics, from January 2006 to February of 2009 Brian was President of Lydian Technology Group and Executive Vice President of Product Strategy at Lydian Data Services, LLC (the parent company of Lydian Technology Group). This was a position he held after Lydian purchased Wellfound Decade Corporation where he previously served as President and Chief Executive Officer. While at Lydian, Brian was responsible for all aspects of the P&L for Lydian Technology Group which included day-to-day operations and the Company’s technology, product direction, sales and marketing and corporate communications of this operating subsidiary. Among his leadership duties, Brian’s responsibility was to drive a culture shift in the organization to a market driven product company through the creation of a Product Management Department and standard product management methodologies and disciplines. This included the creation of an integrated product vision and roadmap between Lydian Technology Group and Lydian Data Services. Fitzpatrick was also responsible for building a formal growth plan for the company which included the building of a sales team and developing an integrated marketing communications plan for the parent company with a primary focus of enabling sales readiness and driving growth for the companies.
Brian began his CEO experience in 2002 as he was recruited by the Founders and Board of Directors of a failing software vendor in Jacksonville, FL known as Decade Systems Corporation. The company had a total revenue base of $450,000 and was within four months of closing its doors when he was recruited to lead a re-start of the organization. As CEO, he led the turnaround of the organization, personally investing and raising additional capital from both existing and outside investors. As a result of his plan the company became cash positive within six months. One year later Brian led a merger with a competing software company to create WellFound Decade Corporation. Post-merger, Fitzpatrick led the company and spearheaded the sale of the company in 2006 to Lydian Data Services, LLC for a highly successful exit. Fitzpatrick continued as President of the Company until the company was sold again to Headstrong Business Services, LLC (now Genpact Mortgage Services).
Brian has spoken for numerous industry panels and conferences and has authored many articles and white papers for a variety of compliance and financial services trade publications. He was named twice as a finalist for the EY Entrepreneur of the Year Award, and once for the Marcum Innovator of the Year Award within the Philadelphia Region.
Brian was also the recipient of HousingWire Magazine’s prestigious Vanguard Award™ which is awarded to a C-Level Executive in the Housing industry that has launched bold new initiatives that have improved U.S. housing finance or real estate, SmartCEO’s Voltage Award as a Leader in Technology, a two-time recipient of Mortgage Banking Magazine’s prestigious IT All-Star designation, and he has twice won Mortgage Technology Magazine’s coveted 10X Award.