Cornerstone Advisors Acquires Coastline Analytics, Adding Advanced Analytical Expertise to Its Financial Services Advisory Offerings

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SCOTTSDALE, Arizona., August 31, 2021 / PRNewswire / – Cornerstone Advisors today announced its acquisition of Coastline Analytics, a FloridaCompany specializing in advanced data analysis applications for community banks and credit unions.

“With this acquisition, we add unparalleled expertise in analytics, machine learning and data science consulting to the comprehensive list of services we provide financial services to our clients, ”said Scott Sommer, Managing Director of Cornerstone Advisors.

Co-founder of Coastline Analytics Steven simpson joins Cornerstone to lead the firm’s Data Science division. Simpson has been employed or consulted by some of the most reputable organizations in the world, including Bank of America, McKinsey & Co., Sheshunoff, Suncoast Credit Union, Wachovia, and Compass BBVA. “We are delighted to provide added value to our customers through Steven’s executive level expertise and technical knowledge in data science,” said Sommer.

“I look forward to presenting Cornerstone bank and credit union clients with advanced analytics solutions that can help them successfully implement strategies for digital growth, customer retention, mitigation. risk and improved earnings, ”Simpson said.

Adding more in-depth analysis to the company’s advisory services enhances Cornerstone’s ability to help financial institutions quickly execute their growth and performance improvement strategies, Sommer observed. “Coupled with our robust Performance chest benchmarks, our customers will have even more factual information to make strategic decisions and achieve business results faster, ”he concluded.

Cornerstone Advisors, a management and technology consulting firm, brings innovative insights and strategic execution to banks, credit unions and fintechs, helping them achieve the next level of performance. For more information visit crnrstone.com.

Contact:
Cate Pitts, Editorial Director
Cornerstone Advisors
[email protected]
480.425.5203

Cornerstone SOURCE Consultants


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