TAMPA, Fla.– Trellance, a provider of analytics, cloud and talent solutions to credit unions, has released its strategic priorities for 2023, including a new line of business as well as strategic priorities within existing solutions and services the CUSO said will allow it to prioritize and align with the needs of credit unions based on emerging trends for 2023.
“The planned changes will enable Trellance to embrace their role more fully as an end-to-end technology partner for credit unions, expanding on their role as an analytics partner,” Trellance stated. “Though services had previously been expanded in 2021 with the acquisition of CURise and the addition of a talent service, recent acquisitions of 2020 Analytics and Ongoing Operations have fully rounded out Trellance’s technology offerings.”
According to Trellance, the addition of the Cloud line of business will allow credit unions to access cloud solutions built and customized for their needs.
Four New Offerings
“Four new offerings, Cloud Solutions, Information Security, Telecom Service, and Disaster Recovery will allow credit unions to reasonably scale and reduce costs,” Trellance said. “Further, the overall increased focus on technology will allow Trellance to aid credit unions with automation and reduce redundancies.”
Trellance said its acquisitions over the last two years have allowed it to rapidly expand into needed technology areas, and added that as it finalizes the incorporation of its four major acquisitions, former company and product names will be discontinued.
Important name changes the company said credit unions should be aware of include IronSafe, which will now be Data Extraction Agent; M360 which will now be known as Data Warehouse, and CU Compare, which will now be known as Benchmarking.
Use of the former names CURise, 2020 Analytics, Ongoing Operations, CU Compare, and IronSafe will be discontinued early in 2023, Trellance said.
‘Integrated Enterprise’
“If we truly want to be an end-to-end technology partner for credit unions, it is critical that we become an integrated enterprise that is greater than the sum of the parts,” said CEO Tom Davis. “The full integration of our three lines of business will help us meet any cloud solutions, data, analytics, consulting, and talent needs of credit unions.”
According to Trellance, the process of sunsetting former brand names and implementing new product names will begin in January of 2023. Integration efforts of recently acquired companies is ongoing and a major priority for Trellance in 2023.
Trellance added it will be increasing its focus on technology throughout 2023 and in coming years, while simultaneously increasing the ability of their three lines of business to work together to “build a suite of technology solutions for credit unions that will allow them to keep up with the rapidly advancing world of financial technology.”
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