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The credit union technology partner Trellance announced a major business restructuring move Wednesday – the Tampa, Fla.-based organization is now known as Trellance Cooperative Holdings, Inc. and has launched three new business entities named Rise Analytics, Optiri and ProBridge.
Now operating as a holding company, Trellance said the restructuring was completed to “better support the credit union movement’s advancement in technology and data analytics,” as well as to empower CUSOs, added that its three new business entities “expand on the foundation laid by the former Trellance analytics, cloud and talent divisions.”
The first business, Rise Analytics, focuses on data analytics solutions, while the goal of the second business, Optiri, is to provide credit unions with technology solutions to enhance security, improve operational efficiency and ensure business continuity. The third, ProBridge, is a specialized talent solutions business that places industry professionals into roles including technology professionals. The websites for all three businesses are live and linked here, and according to Trellance Cooperative Holdings, all are being led by tenured Trellance executives.
Trellance Cooperative Holdings also said it will be empowering CUSOs through capital resources, shared operational services and industry adoption assistance.
“The entities that thrive today are agile, comfortable with change and willing to do what it takes to continuously improve,” Trellance Cooperative Holdings President/CEO Tom Davis said. “Launching three distinct brands gives each of our talented teams the flexibility to innovate faster and in a way that is supremely relevant and hyper-personalized to each of their clients’ distinctive needs.”
The announcement followed two significant, recent initiatives launched by Trellance – a partnership with the Credit Union Data Exchange (CUDX) and the creation of the annual EDGE Tech Conference.
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