![]() This saved much needed time for the team for this fast track project. We used BIM 360 to create the rolling completion lists rather than waiting until the end of the project. To address this, the team and trade partners were diligent in keeping rolling completion lists rather than a punch list. Facing the challenge of re-sequencing of the construction activities created a chaotic schedule and quality check order. The team drove quality workmanship from everyone throughout the project. The project included the complete gutting of the space and redesigning the entire interior. Having the right trades on board from the start, minimized punch lists items at the end and kept the project on track to be delivered on time. The Gilbane team paired with experienced trade partners to complete this project – relying on their understanding of the interiors renovations and their professionalism in delivering client excellence. Phase 2-4 included completion of the data center and addition of a generator. The project was completed in 5 phases, and in under three months, with the first phase being the office area. The space includes open office areas, meeting areas, conference rooms, breakrooms and a 2,500 SF Mission Critical Data Center to aid in their 24/7 operation. The 30,000 SF project was extremely fast tracked to renovate the floor into CardWorks flagship office. Gilbane provided construction management services for the interior fit-out of the fifth floor for CardWorks Processing. Latest Fintech News: Save Launches The First Esg-focused Savings Program In The U.S.Fast track schedule achieves move in date Upon closing, Dataline became a wholly-owned subsidiary of CWS. The closing of the transaction was effective January 1, 2023. “We are excited to explore acquisitions of companies, assets, or capabilities that expand CardWorks’ businesses and are in line with our vision for the future, particularly if we are lucky enough to find teams as talented as the Dataline team.” “Our experience through cycles, disciplined approach to growth, and compliance-focused culture have led to the fortunate position of having a strong balance sheet and capital levels,” Pillemer said. Today’s acquisition also signaled a strategic shift at CardWorks to explore inorganic growth opportunities. Dataline will, in turn, be able to grow its core business with existing clients, CWS clients and new clients, generating new opportunities. ![]() Expands Bank On-Certified Financial Empowerment Checking AccountĬWS will provide Dataline a greater breadth of resources, capabilities, and operational support to take their platform to an even higher level of client service. Latest Fintech News: Sunflower Bank, N.A. Our team could not be more excited about becoming part of the CardWorks family, where we see energy, excitement, enthusiasm, and a team that is committed to doing the right thing.” As such, the acquisition will further strengthen our end-to-end credit card and installment loan portfolio management and servicing offerings for banks, credit unions, non-bank lenders, and asset managers.”Ĭollin York, the founder of Dataline, continued, “For nearly 37 years, Dataline has partnered with financial services companies to design, develop, and implement customized business process outsourcing and financial services operations support solutions that are enabled by optimized data management. Matt Berman, Head of the Servicing Business at CardWorks, added, “Dataline has unique capabilities in payment disbursement services, data reporting and analytics, and business process automation, each of which are additive to our existing CWS capabilities. ![]() Latest Fintech News: NFTpay Now Supports Polygon Blockchain Financial terms of the transaction were not disclosed.ĭan Pillemer, President & Chief Executive Officer of CardWorks, said, “This transaction brings together two companies that offer best-in-class services that are highly complementary, run on values inspired by their founders and, importantly, have similar people-centric cultures focused on doing the right thing while putting customers first.” Founded in 1986, Dataline is an Apopka, Fla.-based privately-held provider of business process outsourcing and financial services operations support. (“CardWorks”) and one of the largest privately-held providers of end-to-end outsourcing support services for credit card and installment loan products in North America, announced it has successfully completed the acquisition of Dataline Systems, LLC (“Dataline”). Dataline brings unique capabilities in payment disbursement services, data reporting and analytics, and business process automation that are additive and complementary to CardWorks ServicingĬardWorks Servicing, LLC (“CWS”), a wholly-owned subsidiary of CardWorks, Inc. ![]()
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