Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, opened their newest office space in Gilbert, Ariz. at Rivulon, Nationwide Realty’s $1 billion development in the southwest quadrant of the Town. Kinective will occupy 25,000 square feet on the first floor of The Commons, one of the four buildings at Rivulon, a 300-acre development along the Santan Loop 202 Freeway, bounded by Gilbert, Lindsay and Pecos Roads.
“Gilbert is actively attracting financial technology companies to our community, part of our targeted approach to growing and diversifying all our technology sectors,” said Town of Gilbert Mayor Brigette Peterson. “I’m excited that they selected Gilbert and that their mission of connecting customers to the future of banking via unique solutions aligns with the town’s development vision. I’m pleased that Kinective’s Gilbert branch will bring qualified jobs to Rivulon, and will expand to 200 employees over time.”
Kinective is the formation through the strategic combination of CFM, NXTsoft, and IMM. The combined platform delivers the most comprehensive, open, and connected technology ecosystem in banking. Across offices in Gilbert, Orlando, and New Jersey, Kinective’s 300 team members serve more than 2,500 customers, representing one out of every four U.S. financial institutions. Kinective is backed by OceanSound Partners, a growth-oriented private equity firm.
“We are thrilled to present our customers with a cohesive experience by launching Kinective, which leverages the combined solutions, resources, and seven decades of experience of our three complementary businesses,” said Kinective CEO Stephen Baker. “Our new name connects our employees and customers under one, unified vision, and reflects our capability to build connected digital experiences for financial institutions.
“Digital transformation in banking has been impaired by unavailable or vulnerable integrations between core processors and financial technology solutions, resulting in limited choice and delayed progress. Kinective is a force multiplier in banking, enabling access to innovation via integrations to cores used by more than 99% of U.S. financial institutions. Kinective’s software products help banks and credit unions unlock new services, modernize operations, and enhance their competitive edge.”
Kinective’s solutions are unified by a common value proposition of driving IT modernization, operating efficiency, and elevated client experiences for financial institutions so they can achieve their digital transformation goals. Kinective’s solutions create compelling value for all stakeholders in the banking ecosystem, including financial institutions, fintechs, and cores.