KeyCorp buys data analytics firm AQN Strategies
Key Tower in downtown Cleveland.
KeyCorp (NYSE: KEY) announced Wednesday, March 3, that it has agreed to acquire AQN Strategies, an analytics-driven consultancy based in McLean, Va., geared toward financial services.
Financial terms of the deal were not disclosed.
AQN is a self-described leader in advisory services for businesses across payments, consumer lending and small business that has advised nearly 50 companies in the past five years. Founded in 2016, AQN s highly experienced operators have worked with banks and fintechs across the industry to deliver value-based strategies by combining rigorous data and analytics capabilities with expertise across the credit and payments value chain, said the parent company of Cleveland-based KeyBank in its announcement. This acquisition aligns to Key s relationship strategy and underscores the bank s ongoing commitment to employ data-driven approaches that enable a simultaneous expansio
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January 19, 2021 02:25 PM
KeyBank and other companies step up their use of software bots to raise productivity and cut costs
Key Tower is the base of Cleveland s KeyBank.
KeyBank is part of this Forbes piece that looks at the surge in use of software bots as companies in the second half of 2020 turned to robotic process automation software to boost productivity and save money.
From the article:
This year could well see another surge in the use of bots, which use code to automate common and repetitive tasks handled by human workers. That s according to a new report which surveyed 220 CIOs and other senior tech executives across 11 industries, including financial services, retail and manufacturing. Conducted by Enterprise Technology Research on behalf of Automation Anywhere, one of the main players in the RPA software market, the report also draws on insights gleaned from the software company s thousands of customers.