Tredence acquires BFSI management advisory firm Further Advisory

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Data science and AI solutions firm Tredence announced on April 15 that it has acquired Pittsburgh-based banking, financial services, and insurance (BFSI) management consulting firm Further Advisory.

This will result in Tredence’s advanced analytics and AI-driven capabilities complementing Further Advisory’s deep industry expertise, creating a differentiated offering for clients in the BFSI vertical.

Established in 2020, Further Advisory has grown to become a trusted management consultancy providing expertise in technology transformation, product go-to-market strategy, and leadership and execution for the BFSI industries.

“We are thrilled to welcome Further Advisory into the Tredence Family,” Shub Bhowmick, CEO & Co-founder of Tredence was quoted as saying in the release. “Their industry knowledge and practical approach to strategic consulting perfectly complement our data-driven solutions. Together, we will empower organizations to make smarter decisions, faster.”

Jeff Catalina, CEO of Further Advisory, said the combined expertise will help clients drive transformation, efficiency, and competitive advantage.

Further Advisory’s clients will now have access to expanded AI, machine learning, predictive analytics, and data engineering capabilities, while Tredence gains a valuable management consulting practice and a stronger presence in the BFSI sectors.

Both companies share a strong entrepreneurial DNA and a vision to use the power of data and AI to drive business impact for our clients.