Tredence Acquires Further Advisory to Boost Financial Services Consulting

Tredence has acquired Further Advisory, a Pittsburgh-based management consulting firm, to expand its financial services and insurance consulting capabilities, announced in a press release. This acquisition combines Tredence's advanced analytics and AI-driven solutions with Further Advisory's industry expertise, offering enhanced services to clients in the financial sector.

Established in 2020, Further Advisory has built a reputation for its expertise in technology transformation and strategic consulting within the banking, financial services, and insurance industries. The merger will allow Tredence to provide expanded AI, machine learning, and predictive analytics capabilities to Further Advisory's clients, while also strengthening its own consulting portfolio.

The acquisition is seen as a strategic alignment of strengths, with both companies aiming to leverage data and AI to drive business impact. Tredence's CEO, Shub Bhowmick, expressed enthusiasm for the partnership, highlighting the complementary nature of the two firms' offerings. This move positions Tredence to better assist banks, financial institutions, and insurers in navigating complex business challenges.