, a Phoenix, AZ-based provider of a banking operations platform, acquired Datava, a Wheat Ridge, CO-based company which specializes in data aggregation and intelligence solutions for financial institutions.
The amount of the deal was not disclosed.
With the acquisition, Kinective will enhance its banking operations platform, consolidating its position at the intersection of banking transactions, branch experiences and core connectivity.
Led by CEO Gordon Flammer, Datava provides an end-to-end data activation platform that empowers financial institutions to generate growth by managing the entire data journey, from collection to activation, with a single platform.
Led by CEO Stephen Baker, Kinective is a provider of banking operations platforms for financial institutions. It helps banks and credit unions unlock innovation and deliver better banking. The platform unifies branch automation, document workflow, digital connectivity and end-to-end operational data intelligence in a single platform that streamlines operations, reduces complexity and enhances both employee and customer experiences.
The company serves more than 3,400 banks and credit unions nationwide.
