Late last month you may have heard the big news that Trellance had acquired CU Rise Analytics to merge analytics and predictive modeling capabilities that will broaden their portfolio of software, managed services, and consulting solutions for credit unions nationwide.
According to both Trellance President/CEO Tom Davis and CU Rise CEO Karan Bhalla, the current capabilities of Trellance’s patented M360 data platform, together with CU Rise’s predictive analytics, broaden the combined company’s software and solutions offerings. With the merging of portfolios, the company will also see growth in its managed services and consulting lines of business. Trellance and CU Rise have been longstanding commercial and technology partners.
Bringing the two companies together highlights the high-growth rate that Trellance and CU Rise have both achieved in the last three years. Fueled by product investments and completion of strategic initiatives, Trellance has added dozens of new clients and now has more than $90 billion of assets represented in its analytics platform client base.
Check out our conversation with Tom and Karan to see what this acquisition means for the future of credit unions. And watch the entire episode below for all the details.
Mike Lawson, Host
Married to a beautiful and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.