Concord, a credit administration provider, has acquired Finley Technologies, a provider of credit facility management software for banks, asset managers and corporate borrowers. Financial terms were not disclosed. The acquisition adds Finley's Credit Management System, which automates borrowing base calculations, covenant compliance monitoring and investor reporting for credit facilities and warehouse lines, to Concord's capital markets platform. Finley founder Jeremy Tsui will join Concord as Managing Director, Capital Markets. Concord administers over $60 billion in assets and supports more than 5 million accounts. The company is backed by private equity firm GTCR. Finley was founded in 2020 and is based in San Francisco. The combined platform will integrate Finley's software with Concord's servicing operations to deliver a unified capital markets solution.

SAN FRANCISCO, May 21, 2025 /PRNewswire/ -- Finley, a leading provider of debt capital software solutions, today announced the launch of its enhanced Monthly Servicer Reporting (MSR) capabilities, designed to eliminate the logistical and technological hurdles faced by corporate borrowers, particularly those with warehouse facilities. This new capability directly addresses the most difficult parts of MSR generation and management: collaboration, data management, and knowledge management.According to BNY, the market for private credit has grown tenfold over the past 15 years, and is projected to reach $3.5 trillion by 2028. In private credit transactions that are asset-based, MSRs are a crucial yet error-prone of the lender-borrower relationship. MSR assembly and verification requires meticulous data aggregation from disparate sources, complex calculations derived from credit agreements, and extensive review."For over four years, we've worked closely with Finance teams to identify the most challenging aspects of MSR generation and tracking," said Jeremy Tsui, CEO of Finley. "Our new MSR capabilities take everything we've learned and put it into a product form. Now Capital Markets and Finance teams can have the modern collaboration, file management, and data analysis capabilities that teams like Sales and Engineering have come to take for granted."Solving the MSR Coordination ChallengeFinley's MSR capability is integrated into its Deliverables module, providing a centralized hub for all MSR needs

Valley Bank partners with Finley Technologies to launch Credit Management System.