Ian Lydiatt formed InRisk Solutions Inc. in early 2007 with a broad range of senior credit position experience in very diverse industries. Ian's experience spans well over 35 years in construction, high tech, oil and gas service and supply, an electronic natural gas trading system, an energy marketing company, and various upstream oil and gas producers. Virtually all credit functions from cradle to grave have been performed effectively with a flare for creativity and risk adversity, including establishing a certified Alberta collection agency.
Some not-so-common experience includes being involved in a start-up energy marketing company as a part owner, as well as with the largest independent Canadian midstream company where he was not only responsible for credit, but asked to renegotiate and place all insurance requirements. He also established and directed credit for Canada and the U.S. for the world's first electronic natural gas clearing exchange where he pioneered the credit and risk control components of an industry-endorsed real time software trading platform that included the world's first trade credit insurance program with forward price coverage and revenues in the multi-billions of U.S. dollars. Ian was also the Global Credit and Cash Manager with a hightech telecommunications company, the Credit and Collections Manager for a global oilfield service and supply company, and the Credit Manager for an international mechanical wholesaler.
Mr. Lydiatt co-founded the Canadian Energy Marketing Credit Group in 1994 and served as chairman for the first 4 years. Today, that group has over 40 member companies. Ian received his ACI designation in 1995 from the Credit Institute of Canada and was elected to serve on the Board of Directors for the International Energy Credit Association (IECA) from 1998 to 2001.
Mr. Lydiatt has been a requested speaker in various cities across North America, including organizations such as The Canadian Institute, The American Conference Institute, the International Energy Credit Association, the Electric Reliability Council of Texas (ERCOT) and the Propane Gas Association of Canada.
In 2005, Ian was called to testify by Duke Energy Field Services, Houston, as their independent expert witness on U.S. credit and collection practices in a Dallas Texas bankruptcy court hearing. From 2008 to June 2010, he was involved as an independent expert witness [for the Plaintiff] on credit exposure evaluations on behalf of a large Eastern U.S. utility in a Multi-million dollar lawsuit involving forward fixed contract pricing involving a defaulting Canadian commercial consumer. These unsolicited requests assist InRisk clients by understanding effective contract language and remedies to maximize collections.