Valuant, a well-known compliance and credit risk software and service provider, has recently been acquired by Abrigo, a pioneer in compliance, credit risk, and lending solutions for financial institutions.
The acquisition aligns with Abrigo's goal of providing world-class software and services to 2,300 financial institutions. Furthermore, the merger brings together two successful, customer-focused companies, allowing Abrigo to introduce additional services and provide customers with more options.
Abrigo has been assisting its clients in mitigating portfolio risk for over twenty years. With Valuant on board, Abrigo can better protect its clients from credit risks and economic uncertainty. As an organization, Valuant must take advantage of the chance to grow alongside these top-tier, locally vested organizations with which it partners.
Valuant also said that the company gives its clients power through its software and services and meets the highest standards for customer satisfaction. Regarding Abrigo, the firm indicated that it discovered a strategic partner with a similar customer focus capable of providing more solutions and services to its loyal clients.
Abrigo's portfolio risk and credit risk solutions automate risk management. Connecting stress testing, estimating predicted credit losses, economic forecasting, budgeting, asset and liability modeling, etc., is possible with one-time data entry and robust frameworks. In addition, Abrigo's award-winning customer service, cybersecurity, and implementation will benefit Valuant's clients.
About Abrigo
Abrigo's compliance, credit risk, and lending solutions help customers manage risk and grow. Its purpose to 'Make Big Things Happen' emphasizes its dedication to helping community financial institutions flourish despite 'the perfect storm' of shifting regulatory requirements, limited resources, increased competition, expanding technologies, and changing consumer expectations. The company helps customers do well by giving them new products, world-class support, and unmatched expertise.