Jan. 9, 2024 — Burlingame, Calif. — Three sister companies in the financial risk sector are announcing today they have unified under a single integrated operating company and brand, G2 Risk Solutions (G2RS). The sister companies—G2 Web Services (G2), LCI, and Fintellix—were acquired by Stellex Capital Management and began operations in January 2023.
As G2RS, the organization will provide a growing number of risk and compliance solutions to a global client base of highly regulated companies, including banks and supervisory entities, lenders and creditors, merchant acquirers, and internet platforms. G2RS delivers its global risk solutions through teams that span the United States, India, the United Kingdom, the Philippines, the Middle East, and Italy.
Each of the three G2RS firms is a pioneer in its respective space. Together, the company will provide market-leading services to address growing numbers of risk and regulatory mandates in the areas of merchant risk, digital commerce risk, bankruptcy risk, and credit risk and regulatory reporting.
The move comes at a time when financial institutions and digital commerce clients served by G2RS are experiencing rapid changes and increasing complexity in the business risk landscape. More than six in ten organizations told the Association of International Certified Professional Accountants that the volume and complexity of corporate risks have changed “mostly” or “extensively” over the past five years.
“The nature of financial, operational, and compliance and regulatory risk today is a deeply intricate web of people, technology, and shifting economic and societal forces,” said Brian Longe, chief executive officer of G2RS. “Leaders across G2, LCI, and Fintellix quickly recognized the opportunity to unite, creating what we believe to be a powerhouse of risk and compliance expertise. Our collective strengths position us to become the go-to expert in risk and compliance business intelligence for the financial and digital ecosystems.”
As a single operating unit with greater transparency across risk management disciplines, G2RS is better positioned to address a growing number of challenges faced by clients. New corporate risks are emerging rapidly thanks to several market realities, including the explosion of e-commerce and cyber threats, evolving customer behavior, sophisticated fraud schemes, and increased scrutiny from global regulators.
In addition to Longe, executive leadership of G2RS includes Rochelle Blease, president of G2 and LCI, and Shailendra Mruthyunjayappa, president of Fintellix. Blease is an accomplished financial services executive with more than 35 years of experience in risk management, regulatory compliance, legal, and financial product growth. Mruthyunjayappa has more than 25 years of experience delivering technology platforms, data analytics, and risk solutions to the financial services industry.
Blease said that G2RS offers powerful solutions that provide unique data insights. “We have the combination of comprehensive data, advanced technology, an extensive customer base, and expert industry analysts that, together, allow us to analyze, understand, and solve a wide variety of risk management problems,” she said. “Financial services firms and digital commerce organizations need more sophisticated tools and deeper data sets to navigate complex and ever-changing regulatory requirements and mitigate risk.”
About G2 Risk Solutions (G2RS)
G2 Risk Solutions delivers better business outcomes through innovative technology, data analytics, and actionable insights. The G2RS brand unites three risk and compliance pioneers—G2 Web Services, LCI, and Fintellix—to provide market-leading solutions in the areas of merchant risk, digital commerce risk, bankruptcy risk, and credit risk and regulatory reporting. As G2RS, we harness the collective data, technology, and global compliance and risk expertise to provide financial institutions and digital commerce companies with the tools they need to navigate complex and ever-changing regulatory requirements and mitigate risk.
To learn more, visit g2risksolutions.com.
About Stellex Capital Management LLC
Stellex is a global, multi-sector investment firm with offices in New York, Detroit, Pittsburgh, and London with over $2.6 billion in assets under management. Founded in 2014, Stellex seeks to identify and deploy capital in opportunities that have the potential to provide growth, stability, and operational improvement. Portfolio companies benefit from Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insight, and access to capital. Sectors of particular focus include both tech-enabled and data services, business services, industrial manufacturing, aerospace and defense, government services, transportation, logistics, and food.
Additional information may be found at www.stellexcapital.com.