Agreement will deliver Vertical IQ’s Industry Intelligence resources to Abrigo users to bolster underwriting, risk management practices.

Raleigh, N.C. and Austin, Texas – Tuesday, July 25, 2023 – Abrigo, the top lending software solution, and Vertical IQ, the leader in Industry Intelligence, announced a partnership today that will provide industry insights within the Abrigo platform to support credit analysts for underwriting, risk analysis, credit memos, and more. This integration will enable Abrigo users to drive efficiencies as well as help bolster engagement on the Vertical IQ platform.

Covering more than 97% of the economic revenue in the U.S. and Canada, Vertical IQ’s timely, specific, and relevant Industry Intelligence provides actionable and targeted industry content that enables users to build confidence and credibility and better engage with prospects and customers. With this integration, Abrigo users will have access to the Vertical IQ platform’s financial benchmarks and specialized industry insights right at their fingertips, saving them time and streamlining the lending process.

“This new integration will be a tremendous asset for our business bankers,” said Nolan Gesher, VP of Client Services at Abrigo. “We were looking for a solution that could make our customers better equipped to service their SMB and commercial borrowers through industry experience, and Vertical IQ fit the mold perfectly.”

Integration benefits

  • Drive efficiency: The utilization of Vertical IQ throughout the lending process will save users time and drive efficiency by providing the right information, in the right place, at the right time, and having targeted insights at every step of the process. This includes highly relevant Call Prep Questions, which will appear as outstanding activities on Abrigo’s customer summary page.
  • Surface relevant content: Vertical IQ’s industry content and insights will be available in Abrigo’s document library, where users can access a Credit and Risk Brief to provide context around an industry after submitting loan application data. This brief will incorporate focused Industry Intelligence that benefits users by solidifying their value proposition.
  • Provide support for credit analysts: The underwriting metrics from the Vertical IQ platform will be provided on Abrigo’s Customer Profile, which include benchmarks for analysts to assess risk and underwrite against.

“Abrigo’s intuitive platform makes it a perfect place for Industry Intelligence to live,” said Paul Hock, VP of Strategic Partnerships at Vertical IQ. “The actionable, convenient and focused credit underwriting and risk information from Vertical IQ will save Abrigo users time and drive efficiencies, and the integration will help boost engagement on the Vertical IQ platform. We believe this partnership will be of significant mutual benefit both now and in the future to help users deliver value and win new business.”

Mutual customers of Abrigo and Vertical IQ can take advantage of this integration by contacting their respective account manager.

About Vertical IQ
Headquartered in Raleigh, N.C., Vertical IQ is a nationally recognized leader in Industry Intelligence. Whether they’re pitching a local brewery or a national biotech company, successful sales, marketing and customer success teams use Vertical IQ to better understand a prospect’s or client’s business challenges before, during and after meetings. Covering more than 97% of the economic revenue in the U.S. and Canada through more than 920 Industry Profiles and 3,400 local economic reports, Vertical IQ equips users with the confidence and credibility to make memorable first impressions and sustain enduring relationships.

About Abrigo
Abrigo enables U.S. financial institutions to support their communities through technology that fights financial crime, grows loans and deposits, and optimizes risk. Abrigo’s platform centralizes the institution’s data, creates a digital user experience, ensures compliance, and delivers efficiency for scale and profitable growth. Get started at Follow Abrigo on social media using @WeAreAbrigo.