Allied Solutions, one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions, has announced the acquisition of CU Direct’s Lending Insights platform. This strategic move will strengthen Allied’s vision to harness the power of collaborative analytics to deliver transformative insights to credit unions. The Lending Insights platform will now become part of a larger data ecosystem.
“Allied Solutions has invested heavily in data science and we are committed to delivering best-in-class analytics technology that provides credit unions a singular enterprise perspective on members, yield, risk, and profitability. In servicing the credit union marketplace since 1978, Allied has pioneered and delivered solutions to help clients stay ahead of the competition, and this latest investment in Lending Insights is no exception,” said Dave Hilger, Chief Strategic Officer, Allied Solutions.
“We are extremely excited for Allied to take full ownership and ongoing development of the Lending Insights platform,” said Bob Child, Chief Operating Officer, CU Direct. They are making huge investments into the data analytics space bringing on services that can provide credit union clients with unprecedented capabilities and the Lending Insights platform is a nice addition. We also share a similar culture and approach to business as Allied, so this deal just makes sense on many levels. We know our Lending Insights clients will be in great hands,” said Childs.