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Abrigo

Provides risk management and lending software for financial institutions

Discussion
financial-servicesfintechregtechsoftware-development

Company facts

Founded
2000
Employees
940
Headquarters
United States
CEO
Jay Blandford
Type
Private
Funding
Private Equity · $5.6M · 2021
Subsidiaries
Banker's Toolbox, Sageworks, MainStreet Technologies, Farin Financial Risk Management, Valuant, DiCOM Software, TPG Software, 360 View, Journey Technology Solutions

About

Abrigo is a prominent provider of technology solutions specifically designed for financial institutions. The company offers a comprehensive suite of software and services focused on managing risk and driving growth. Abrigo's core mission is to empower U.S. financial institutions to support their communities by providing them with the necessary tools to navigate an increasingly complex regulatory and competitive landscape. The company's platform automates critical processes, including anti-money laundering (AML), fraud detection, credit risk management, and lending operations. By centralizing data and creating a digital user experience, Abrigo helps banks and credit unions enhance efficiency, ensure compliance, and make data-driven decisions for sustainable and profitable growth. The company prides itself on product innovation, world-class customer support, and deep industry expertise, which enables its clients to address the challenges of evolving technologies and changing customer expectations. The history of Abrigo is marked by strategic growth and acquisitions. The brand was officially launched in 2019, following the consolidation of several established firms, including Banker's Toolbox, Sageworks, and MainStreet Technologies (MST). This integration brought together a wealth of experience and specialized software solutions under a single umbrella. Over the years, Abrigo has continued to expand its portfolio through further acquisitions, such as Farin Financial Risk Management, Valuant, BankLabs' construction loan solutions, DiCOM Software, TPG Software, and Integrated Financial Solutions (IFS). These strategic moves have broadened Abrigo's capabilities, particularly in areas like asset/liability management, loan origination, and portfolio risk. Serving over 2,400 financial institutions, Abrigo is committed to being a long-term technology partner, helping its clients to not only mitigate risk but also to identify and seize growth opportunities in a dynamic financial world.

3 jobs

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