January 5, 2018

New Haven’s Continuity to partner with Southington fintech

File Photo
File Photo
COCC's Southington headquarters

Fast-growing Elm City software firm Continuity Inc. said Thursday it is teaming up with Southington-based financial technology company COCC, a move aimed at expanding its reach in New England, the Mid-Atlantic states and Ohio.

Continuity, which helps banks and credit unions comply with government regulations, said the two companies, which already share many clients, formalized the joint marketing agreement last month.

Under the pact, COCC, a well-established company which provides online banking and other services, will market Continuity's compliance management system to its client base in New England, New York, Pennsylvania, Ohio and New Jersey, Continuity said.

"The Unified Compliance Management model is growing rapidly, and with the strategic and important influence of the elite core providers such as COCC, that adoption rate will grow even faster," Continuity CEO Mike Nicastro said in a statement.

Joe Trafton, COCC senior vice president and chief strategic officer, said the partnership will help the 51-year-old company better support its clients, noting strong compliance has become "an essential part of a financial institution's strategy."

Named one of the fastest growing technology companies in Connecticut last year by the Marcum Tech Top 40, Continuity was founded in New Haven in 2008.

Natalie Missakian can be reached at news@newhavenbiz.com

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