By: William "Bill" Murphy
SEATTLE, WA, September 18, 2014 – Finagraph (http://www.finagraph.com), a provider of best-in-class automated financial intelligence tools and data verification to financial institutions, announced today the acquisition of BBI Financial (http://www.relationshipbankingacademy.com), a financial services firm that provides training and education programs for bankers and business owners.
BBI Financial offers financial consulting services on areas such as financial management, business diagnostics, mergers and acquisitions, and valuations. The firm also organizes seminars for bankers, controllers, accountants, office managers and partners.
Finagraph chose BBI Financial, a renowned expert in the financial industry, to expand upon their business owner seminar suite for banks. By combining the technology of Finagraph with the expertise of BBI Financial, bankers will learn how to use the most innovative technologies while business owners with gain the tools to take control of their finances.
“With the acquisition of BBI Financial, we now have the ability to assist bankers on a greater level. Finagraph enables bankers to go to their clients with education, rather than always trying to sell them something,” states James Walter, co-founder and CEO of Finagraph. “With Kyle’s expertise, energy and influence, we can now reach this audience and provide a strong differentiator for any bank or business owner.”
Finagraph displays robust analytics and comprehensive information in an easy-to-read visual format. By linking directly into business accounting systems like QuickBooks, Finagraph instantly provides a complete business health overview. It allows users to see ongoing trends, identify risk indicators, compare industry averages and manage by metrics - all in an interactive visual format.
This acquisition combines the banking industry expertise of BBI Financial with the innovative technology of Finagraph to make a very powerful partnership.
“Everything you love about BBI Financial will remain the same. Our excellent content, fun-loving training programs and our signature team will stay the same. The only difference is now we will be using the Finagraph software to take our company to the next level,” states Kyle Enger, CEO and Founder of BBI Financial, LLC. “So many banks today are trying to differentiate themselves through education, and this partnership provides a platform to do so. Now bankers can deepen their client relationships by providing specific, personalized data on their client’s business.”