Edgewater Funds Invests in Brilliance Financial Technology

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November 18, 2014 – Brilliance Financial Technology today announced a majority investment by Edgewater Funds, a private equity firm partnering with Implement Capital LLC to identify high-growth companies within financial services. The investment will enable Brilliance to open additional offices in the U.S. and Europe, as well as continue to fuel the firm’s rapid global expansion.

DealPoint streamlines and automates risk-based pricing

Brilliance Financial Technology’s DealPoint software digitizes bank pricing and helps streamline and automate the entire pricing process – covering all types of bank products.

Many Tier 1 banks still rely on spreadsheets and manual processes in order to manage their risk-based pricing and relationship profitability operations.  By implementing DealPoint, banks can make their practices become more effective and accurate.

Brilliance software enables banks to seamlessly integrate the DealPoint platform with their other third-party solutions as well as proprietary solutions.

Encourages flexibility and success

Brilliance was named one of the Top 10 finance technology solution providers for 2016 by CFO Tech Outlook.

“The financial services space is going through a remarkable evolution,” said Gregory Jones, partner at Edgewater Funds. “New, innovative firms like Brilliance are complete game-changers. We recognize the tremendous growth potential and the inherent value that Brilliance brings to the banking space. We’re excited by what Brilliance is doing today and where they are going.”

About Brilliance Financial Technology

Brilliance Financial Technology delivers automated enterprise-level Relationship Pricing and Approval Systems for the world’s leading banks. The flexible and scalable DealPoint platform is tailored to each bank’s pricing model and enables dynamic pricing to drive customer profitability and increased margins.  DealPoint’s open API allows for seamless integration into each bank’s unique origination processes, working with both CRM and Underwriting systems, as well as in-house and third-party data and models.  Banks using DealPoint report a risk-adjusted ROI of 379%, a 66% increase in deal submission, and an increase of 25% in portfolio management productivity.  Since 2004, DealPoint has been deployed in over 50 countries and is used by over 25,000 users.

About Implement Holdings and Edgewater Funds

Implement Holdings is an investment company focused on financial technology and services companies that serve the front, middle and back office. Implement Holdings is backed by the Edgewater Funds, a private equity firm partnering with Implement Capital LLC to identify high-growth companies within financial services.

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