Abrigo acquires DiCOM Software

Abrigo, a leader in compliance, credit risk, and lending solutions for financial institutions, today announced the purchase of DiCOM Software, LLC, a leading provider of automated credit risk management software. The deal marks Abrigo’s third acquisition in five months and second in a month, continuing the execution of the company’s strategy to provide superior software and services to a growing customer base of 2,400 financial institutions. The combination of Orlando, Fla.-based DiCOM Software and Abrigo will provide...

Abrigo acquires Valuant

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,...

Abrigo Adds Transparent Artificial Intelligence Scenarios

Abrigo, a leading provider of compliance, credit risk, lending, and asset/liability management solutions, today announced upgrades to BAM+, its financial crimes detection software, including the addition of five transparent artificial intelligence/machine learning (AI/ML) anti-money laundering (AML) scenarios and the ability to direct file Suspicious Activity Report (SAR) and Currency Transaction Report (CTR) batches to FinCEN. Abrigo developed each enhancement to enable users to work more efficiently while handling fewer false positives so they can focus...

Abrigo Gives Community Financial Institutions a Strategic Advantage

Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions (CFIs), announced the launch of Abrigo Connect — a reporting and data visualization application that gives CFIs unparalleled access to risk and performance information across their organizations. Abrigo Connect puts the power of data in the hands of CFI executives by providing users with dashboards, reporting, and custom analytics optimized for CFIs. Pulling in data from Abrigo’s credit and...

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