SAN FRANCISCO, April 15, 2025 ~ Tredence, a leading global provider of data science and AI solutions, has announced its acquisition of Further Advisory, a management consulting firm based in Pittsburgh. The acquisition aims to combine Tredence's advanced analytics and AI capabilities with Further Advisory's industry expertise in banking, financial services, and insurance.

Established in 2020, Further Advisory has quickly become a trusted consultancy for technology transformation, product strategy, and leadership in the financial sector. With this strategic combination, Tredence hopes to offer unparalleled services to clients in the financial industry and beyond.

"We are excited to welcome Further Advisory into the Tredence Family," said Shub Bhowmick, CEO & Co-founder of Tredence. "Their practical approach to strategic consulting perfectly complements our data-driven solutions. Together, we will empower organizations to make smarter decisions at a faster pace."

Further Advisory's CEO Jeff Catalina also expressed enthusiasm about the partnership. "This is more than an acquisition – it's a strategic alignment of strengths," he said. "By combining our expertise in financial services consulting with Tredence's best-in-class AI and analytics solutions, we are uniquely positioned to help clients drive transformation and gain a competitive advantage in today's rapidly evolving landscape."

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The acquisition strengthens Tredence's ability to assist banks, financial institutions, insurers, and other Fortune 500 companies in navigating complex business challenges. Clients of Further Advisory will now have access to expanded AI capabilities such as machine learning, predictive analytics, and data engineering. At the same time, Tredence will gain a valuable management consulting practice and a stronger presence in the banking, financial services, and insurance sectors.

Sumit Mehra, Chief Technology Officer and Co-founder of Tredence shared his excitement about the growth opportunities this partnership brings for both companies. "We look forward to Further Advisory's highly experienced team joining forces with Tredence's cutting-edge data and AI capabilities," he said. "Our clients will benefit from this powerful combination as they navigate the fast-evolving data and analytics landscape."

Both Tredence and Further Advisory share a strong entrepreneurial DNA and a vision to leverage the power of data and AI to drive business impact for their clients. With over 3500 employees and offices in major cities such as San Francisco, Chicago, London, Toronto, and Bengaluru, Tredence serves some of the largest companies in various industries such as retail, consumer packaged goods, banking and financial services, healthcare, telecom, travel and hospitality, and industrials.

For more information about Tredence's services, please visit their website at www.tredence.com or follow them on LinkedIn at Tredence.

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