Alabama’s Growing Fintech

Note from the Publisher:  So the land of the Crimson Tide is also a growing hotspot for fintech, too, or so we are told.  We received an outreach from a growing fintech based in Alabama, and becasue we NEVER get news releases from that part of the planet, we just had to publish it.  But really, the moral of the story is that fintech is SUCH a hot category that fintech firms are popping up all over the US (even Little Rock has a fintech accelerator), and of course, worldwide.  Kudos to our fintech entrepreneurs – they’re paving the way for the future of finance here and abroad!!

Headquartered in Birmingham, Ala., Integrated Legacy Solutions (ILS) provides industry leading technology for legacy image and data migrations and conversions to the financial industry. ILS’s leadership team has performed data conversion for thousands of financial institutions over their nearly 20 years in the business.

ILS has just been recognized, for the second year in a row, as one of Alabama’s Fastest Growing Companies.  There is a thriving FinTech market in the Birmingham, Alabama area that goes largely unnoticed.  ILS was recently featured in the Birmingham Business Journal……

“In 10 words or less, why is your company one of the fastest-growing businesses in Birmingham? We provide products and services that consistently exceed client expectations.

What are the key factors you consider when assessing growth opportunities? Market opportunities, effectiveness/weakness of the competition and the overall impact to our current business, clients and employees. Basically is it the smartest thing to do for everyone involved and will it be the best thing on the market.

How do you make sure you are pursuing the right type of growth? Focus on what we know best, financial institutions and turned down jobs in areas that didn’t fit our model. You must have in-depth knowledge of the markets you serve and use it with focus to pursue opportunity in your core competency without distraction.”

Read Full Article at BirminghamBizJournals
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