UFS Expands Fintech Portfolio with Quest Analytics Acquisition

Thursday, Jun 12, 2025 8:10 am ET1min read

UFS, a provider of technology solutions for community banks, has acquired Pittsburgh-based Quest Analytics, a financial services technology company. Quest Analytics offers customer success tools, including marketing, lead generation, and data analytics. The integration with UFS' technology and service delivery provides banks access to a single partner for customer engagement and operational needs.

UFS, a provider of technology solutions for community banks, has acquired Pittsburgh-based Quest Analytics, a financial services technology company. Quest Analytics offers customer success tools, including marketing, lead generation, and data analytics. The integration with UFS' technology and service delivery provides banks access to a single partner for customer engagement and operational needs.

The acquisition aligns with UFS's strategic focus on enhancing customer engagement and operational efficiency. By combining Quest Analytics' customer success tools with UFS's existing technology solutions, UFS aims to offer a comprehensive suite of services to community banks.

Quest Analytics' offerings, which include tools for marketing, lead generation, and data analytics, will be integrated into UFS's platform. This integration will enable banks to leverage advanced data analytics to identify, investigate, and mitigate compliance-related risks more effectively. The acquisition also supports UFS's commitment to leveraging data analytics for proactive and reactive risk detection, as outlined in recent DOJ guidelines [1].

The acquisition is expected to streamline operations and improve customer engagement for UFS's client base. By offering a single point of contact for customer engagement and operational needs, UFS aims to enhance the overall customer experience and drive growth.

FTI Consulting, a global consulting firm, has highlighted the increasing importance of data analytics in corporate compliance programs. The DOJ's May 2025 memorandum emphasizes the need for companies to demonstrate control over their data environments and data analytics capabilities [2]. By integrating Quest Analytics' tools into its platform, UFS is positioning itself to meet these new compliance expectations.

The acquisition also underscores the growing trend of technology consolidation in the financial services industry. As banks seek to enhance their digital capabilities, partnerships and acquisitions like this one are becoming more common. By combining Quest Analytics' expertise with its own technology solutions, UFS is well-positioned to capitalize on this trend.

The integration of Quest Analytics' tools into UFS's platform is expected to be completed in the coming months. UFS has not disclosed the financial terms of the acquisition.

References:
[1] https://www.fticonsulting.com/insights/articles/efficient-investigations-demand-smarter-data-analytics
[2] https://www.fticonsulting.com/insights/articles/efficient-investigations-demand-smarter-data-analytics

UFS Expands Fintech Portfolio with Quest Analytics Acquisition

Comments



Add a public comment...
No comments

No comments yet