Kinective, the leading banking operations platform provider that transforms how financial institutions operate, connect, compete and thrive, announced its acquisition of Datava, a market leader in data aggregation and intelligence solutions for financial institutions.
The acquisition creates the industry’s first banking operations platform fueled by data intelligence—a breakthrough that will transform how financial institutions leverage their most valuable asset: data. This powerful combination will enable financial institutions to unlock the full potential of their customer and operational data, eliminate process inefficiencies, and deliver exceptional, personalized experiences across every touchpoint—from branches to digital channels and beyond.
Also Read: iCreditWorks Raises $60M to Fuel Growth and Sector Expansion
“The Datava acquisition is a pivotal milestone in Kinective’s journey,” said Stephen Baker, CEO of Kinective. “Together, we’re creating an integrated banking operations platform that unifies branch automation, document workflow and digital connectivity with powerful data intelligence capabilities. By aggregating data from core systems, account opening, lending, and other previously disconnected systems, institutions will see their operation through an entirely new lens. This will fundamentally change how they identify relationship growth opportunities, optimize operational processes, and ultimately deliver better banking services to their communities.”
SOURCE: Businesswire