Coface, a pacesetter in commerce credit score insurance coverage and adjoining specialty companies, has acquired North American data analytics boutique Rel8ed.
The acquisition will usher in new and wealthy data units, and analytics capabilities which is able to profit Coface commerce credit score insurance coverage, in addition to the corporate’s enterprise info clients and groups.
Based in 2015 with the assist of Innovate Niagra’s incubator program in Ontario, Rel8ed has places of work within the US and Canada.
The agency specialises within the integration, cross-referencing, evaluation and inference from massive data extracted from a number of sources. Rel8ed’s clients vary from multi-national firms, governments, and enterprise associations.
“Over the last year, as we partnered with Rel8ed, it has demonstrated a truly distinct set of capabilities to Coface and our clients, in the North America market, where deep insights into mid-market and small businesses are difficult to acquire,” mentioned Oscar Villalonga, CEO for Coface North America.
“Bringing their unique approach and methodology to curating open, public, and alternative data sources will help us expand our database. Ultimately, it will allow us to better accompany our clients which need to closely monitor their credit and supply chain risks.”
“Businesses don’t simply need access to broad data sources, they need predictive analytics and actionable insights to support their business decisions. We are happy to welcome the experts of Rel8ed into Coface. Adding their talents and skills to our set-up will allow us to continue enrich our data capabilities and get the most out of it for our clients” mentioned Thibault Surer, Director of Technique and Enterprise Improvement at Coface.