CEDAR PARK, TX – February 21, 2017 - IBT, a developer of powerful and scalable applications and data management solutions for financial institutions, declared 2016 a banner year characterized by steady growth, innovative product advancement, and consistent profitability.
IBT’s products and services help community financial institutions expand their reach, target new markets, and outperform the competition. IBT entered two new states, continuing their expansion into the Midwest and Southeast. A significant portion of its success is a result of their focus on digital banking solutions.
“A testament to IBT’s flexibility, as well as the robust functionality and ease of use of their products, is the acquisition of several credit union clients, one notably, in New Jersey,” stated Mike Golebiowski, President of IBT.
Stable progress amidst political and regulatory uncertainty and a highly competitive marketplace is attributed to the strength of IBT’s product and service offering. Development is driven by a time-tested strategy for anticipating the needs of community financial institutions, and meeting those needs with innovative products and enhancements that promote consumer adoption.
Attuned to client feedback, IBT answered the call with continued focus on regulatory compliance and by simplifying the delivery of products and services. Continuing their relentless pursuit of best-of-breed vendors for their clients, they also framed new partnerships with some of the largest fintech companies in the U.S.
IBT continually reinvests the majority of their earnings in research and development. In addition to a 20% increase in staff, the firm made significant additions to the executive management team. Directors of information technology, compliance, client service and marketing will drive the company in a new and exciting direction.
Personal investment in client relationships remains a top priority for IBT. The IBT Difference is a philosophy that permeates the organization and motivates staff to go beyond their exemplary client service. These dedicated professionals provide personal care to community financial institutions, from design and implementation, to training and support.
According to Pierre Cardenas, President and CEO of Capitol Credit Union of Texas, “We have experienced incredible response times with IBT. Direct access to their representatives is refreshing, and expedites problem solving. From developers to the executive team, IBT thinks outside the box and presents solutions that are both unexpected and ideal. Best of all, they include us in their design process. It gives me great comfort knowing that IBT is there when I need them.”
At the third annual user’s conference, IBT clients and partners gathered in Austin, Texas to exchange ideas, learn about new product features, and network with other community financial institutions.
“We’re delighted by recent successes, but see even greater things for the New Year. The growth of our executive team coupled with exciting product developments, and a reinvented user conference will help our clients reach new heights,” said Mark Dittman, IBT CEO.