Finivation Joins AdvantEdge Analytics
CUNA Mutual’s AdvantEdge Analytics announced it has acquired Finivation, a New York-based data systems integration and software company that offers real-time data integration for credit unions, community financial institutions and technology providers .
AdvantEdge Analytics will incorporate Finivation’s Concert integration product into its suite of services to build and strengthen data integration across the credit union industry. This acquisition will further advance the development of an industry standard platform that will best position credit unions to improve the member experience, enable growth and compete more effectively.
“Credit unions are increasingly confronted with integration challenges due to disparate systems that hinder their ability to get the most value from their member data. This acquisition is another step toward building seamless connections to help credit unions grow . Adding Finivation’s advanced data integration technology to our comprehensive offering will provide credit unions with data-driven solutions to help serve their members” – President at AdvantEdge Analytics, Tim Peterson.
Finivation’s technology will enhance the AdvantEdge Analytics™ Data Platform to help credit unions integrate various core and ancillary systems in an efficient and standardized manner. Credit unions will gain better access to real-time data and reduce the time and cost of integrating, maintaining and updating connectivity between systems, including credit card and loan origination systems, contact centers, branch platforms, and digital banking solutions.
“Joining AdvantEdge Analytics is a natural fit for Finivation, because we share the same aspirations and mission for the credit union industry. We have always focused on helping credit unions, community financial institutions and their partners access their data. As part of AdvantEdge Analytics, we can now offer advanced analytics to better serve members and help grow their business” – Finivation CEO, Brian Bodell.