Allied Solutions, one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions, has announced an investment in Rate Reset, a D.C. based technology company whose digital selling platform helps financial institutions enhance their customer experience by shifting the power of lending decisions into the hands of the consumer, while boosting productivity and efficiency for the lender.
“This is our fourth technology investment in the last 18 months and a key piece we needed to advance Allied’s aggressive digital growth strategy. Rate Reset’s digital selling platform has demonstrated success in the financial institution space and combined with our data science capabilities and robust product offerings, we can expand the digital solutions we provide to our clients and ultimately grow their business and bottom line,” said Michael Bryan, Vice President of Digital and Data Strategy.
“Allied Solutions is a proven innovator in financial services. As Rate Reset initiates its next phase of growth, we are pleased to expand our existing strategic relationship,” said Keith Kelly, CEO of Rate Reset. “Through this new strategic investment, we will leverage the many strengths that Allied and its affiliates bring to the industry to capitalize on exciting new opportunities and advance a shared vision for Rate Reset’s future.” The investment officially closed on June 3, 2022. Allied Solutions will occupy a seat on the Board of Directors for Rate Reset.