TAMPA, Fla.––Trellance, a CUSO that says it’s on a mission to deliver end-to-end products and services to realize growth and profitability for credit unions, has acquired IronSafe, an Illinois-based software company that offers data analytics.
IronSafe offers data analytics with a unique extraction capability to its customers and some of its functionalities are already in use by more than 2,300 credit unions, according to Trellance. Trellance said it will benefit from the expertise of the IronSafe staff and powerful dashboards that will help credit unions to integrate data from different sources and arm them with insights that will enhance how they serve their members.
“We recognize the importance of data analytics in providing insights to drive results today and into the future,” said Trellance President & CEO Tom Davis. “With this acquisition, Trellance will give credit unions access to an integral resource to navigate the financial landscape. We will put the power in their hands to unlock data that was not available to them.”
Other Plans
The CUSO said it plans to leverage the data analytics capabilities of IronSafe’s proprietary platform and the expertise of the staff in its existing suite of products and services.
“We see the benefits of this acquisition as two-fold,” said Bill Lehman, SVP of Managed Services at Trellance. “The Trellance team will become more effective to credit unions in our consultations as we use data to drive our conversations; and our credit union members will also have access to meaningful data to help them work smarter and more efficient in executing targeted initiatives to realize growth across their entire organizations.”
For info: www.Trellance.com