Global professional services firm Huron has announced the acquisition of Treliant, a consulting firm focused on the financial services industry. The move is intended to deepen Huron’s expertise in the sector, particularly in the areas of regulatory compliance and risk management. The financial terms of the deal were not disclosed.
The acquisition combines Treliant’s advisory and managed services with Huron’s digital and operational consulting offerings. This integration aims to address the challenges financial institutions face from a shifting macroeconomic environment and increasing regulatory scrutiny.
"Combining Treliant's deep industry expertise and capabilities with Huron's digital solutions creates a powerful platform to help financial institutions manage risk, comply with regulations, and modernize operations in an increasingly complex environment,” said Mark Hussey, chief executive officer and president of Huron, in a statement.
Treliant brings established capabilities in risk management, compliance, financial crimes, fraud prevention, and data analytics. The firm’s presence in key European markets also expands Huron's international footprint.
For Treliant, the deal provides an opportunity to scale its services. "Joining Huron enables us to scale and significantly expand our global advisory, managed services and staffing solutions," stated David Samuels, chief executive officer of Treliant. "The combination of these solutions with Huron’s digital transformation capabilities will allow our combined teams to drive even greater impact at our financial services clients."
SOURCE: HURON
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