Ncontracts, a provider of integrated risk management solutions for the financial services industry, has acquired the OnSemble intranet portal from Passageways, Inc.
The portal provides a communication platform designed to activate a company’s culture by keeping employees informed, aligned, engaged, and enabled.
With this acquisition, Ncontracts says it will expand its software platform, which it says automates the development and updating of employee intranets for the financial services industry, including banks, credit unions, mortgage companies, and fintechs, to ensure that information needed for compliance and risk management can be rapidly shared and distributed across the organization.
“We’ve seen tremendous appetite for our intranet solution since acquiring Banc Intranets in 2020 as it fills a large need in our customer’s internal communication and information sharing workflows,” said Michael Berman, CEO of Ncontracts. “The addition of the OnSemble solution and customer base will allow us to accelerate the growth of this area of our business and bring new capabilities to our customers.”