Abrigo acquires Valuant

PRNewswireJanuary 4, 20235 min

Abrigo, a leader in compliance, credit risk, and lending solutions for financial institutions, purchased Valuant, an influential compliance and credit risk software and service provider.

This acquisition continues the execution of Abrigo’s steadfast strategy to provide best-in-class software and services to a growing customer base of 2,300 financial institutions. The Valuant team’s substantial expertise, combined with Abrigo’s existing resources and reach, position the blended enterprise for additional high-quality growth. The deal joins two successful, customer-focused companies, allowing Abrigo to grow feature functionality and create more options to help clients solve their challenges.

“Abrigo has been helping its customers with portfolio risk for the better part of 20 years. The addition of Valuant reinforces our commitment to preparing customers for all types of credit risk and any challenges the economy might bring. Valuant is working with high-performing institutions deeply invested in their communities, and the opportunity to scale with them is too good to pass up,” said Abrigo CEO¬†Jay Blandford.

Co-Founder and Valuant CEO¬†William Bossong¬†added, “Valuant has always been about empowering our clients through software and services while committing to the highest standards of customer satisfaction. It is part of our DNA. In Abrigo, we found a strategic partner with a similar customer focus that can offer additional solutions and services to our valued customers.”

Abrigo’s portfolio risk and credit risk solutions enable institutions to manage portfolio-wide risk automatically. One-time data entry and robust frameworks make it easy to gain maximum insight and efficiency by connecting stress testing, calculating expected credit losses, economic forecasting, budgeting, asset/liability modeling, and more. Valuant clients will also benefit from Abrigo’s award-winning customer service, its top-notch cybersecurity and implementation, and managing fewer vendors. Abrigo has been examined by the FFIEC as a Technology Service Provider (TSP) and undergoes annual SOC 1 and SOC 2 audits. Its integration processes create a streamlined, transparent implementation.

“Valuant shares the same commitment Abrigo has to its customers, offering innovative solutions to complex problems through award-winning software and highly engaged professional services,” said Blandford. “Ultimately, it boils down to how best we can support our customers to address the needs of their market. Everything we do, especially our acquisition strategy, supports that purpose.”

Valuant joins a strong and growing portfolio that is enhancing the value Abrigo brings to both its customers and the industry. In August, Abrigo purchased BankLabs’¬†Construct and +Pay¬†construction loan management and funding solutions, creating an end-to-end construction origination, management, and administration platform.

Abrigo was advised by DLA Piper LLP on this transaction. Valuant was advised by Leonis Partners and Morris, Manning & Martin LLP.

For more such Updates Log on to https://fintecbuzz.com/ Follow us on Google News Fintech News


Leave a Reply

Your email address will not be published.


We are one of the world’s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications

FintecBuzz, 2024 © All Rights Reserved