Data Center Inc (DCI), the US technology vendor behind the iCore360 core banking system, has acquired a new suite of technology solutions in the form of AFT Analytics’ Vetter.
DCI plans to power its systems with Vetter
The Vetter acquisition will be used to augment DCI’s existing portfolio of online and mobile banking products.
DCI highlighted Vetter’s automated inbound digital marketing, new customer acquisition and digital onboarding functionalities as key reasons behind the deal.
Part of the agreement will see existing Vetter clients transition to DCI staff, operating from the company’s headquarters in Hutchinson, Kansas.
“We are delighted that the Vetter product suite found a home with such a well-respected company like DCI, and are excited to see DCI bring it to the next level,” says Bryan Adler, chief product officer at AFT Analytics.
DCI’s previous acquisitions have included products from Benchmark Technologies and the ProfitStars division of Jack Henry & Associates.
Related: Four US banks sign for DCI’s iCore360 core banking tech
The technology firm also named Sarah Fankhauser as its first female president. Fankhauser joined DCI as an analyst in 1993, and rose to become chief operating officer in 2014. She is in line to take over as CEO of DCI following the retirement of John Jones in 2021.