CSI, a leading provider of end-to-end financial software and technology, has announced record-setting revenue growth in the first half of its 2025 fiscal year. The company secured 18 new core deals, increased its Hawthorn River customer base by 27%, and launched multiple partnerships that expanded its comprehensive financial services software suite. This significant achievement underscores CSI’s commitment to innovation and customer service, positioning it as a key player in the fintech industry.
Expanding Customer Base and Partnerships
CSI’s impressive growth is highlighted by its ability to attract new customers and deepen relationships with existing ones. The Missouri Bank, for instance, cited CSI’s industry-leading approach to service and extensive core, lending, and managed service offerings as pivotal in their decision to convert to CSI’s systems. This move was driven not only by the competitive pricing and advanced technology but also by the exceptional service provided by CSI.
Midwest Bank in Monmouth, Illinois, is another example of a long-term partner that has benefited from CSI’s innovative solutions. Embarking on its 20th year of partnership, Midwest Bank has integrated numerous CSI products to enhance the account holder experience. The bank recently adopted CSI’s NuPoint® core banking system, which has been recognized for its functionality and user-friendly interface.
These partnerships reflect CSI’s strategic focus on building strong, collaborative relationships with financial institutions, enabling them to offer a broader range of services and improve operational efficiency.
Technological Innovations and Awards
CSI’s commitment to technological innovation is evident in its continuous development of advanced financial software solutions. The NuPoint® core banking system, for example, has received accolades for its breadth of functionality and intuitive user interface. This system, along with other CSI products, has been instrumental in helping banks modernize their operations and better serve their customers.
In addition to product innovation, CSI has been recognized in the 2024 IDC FinTech Rankings as one of the Top 50 fintech companies. This recognition highlights CSI’s leadership in the fintech industry and its ability to deliver cutting-edge solutions that meet the evolving needs of financial institutions.
CSI’s focus on open technologies and fintech integration presents new opportunities for banks to enhance their digital offerings. By investing in product development and strategic acquisitions, CSI continues to position itself as a leader in the financial technology sector.
Future Outlook and Strategic Goals
Looking ahead, CSI remains committed to sustaining its growth trajectory through continuous innovation and customer-centric strategies. The company’s recent acquisition of Velocity Solutions is a testament to its strategic approach to expanding its product portfolio and enhancing customer engagement.
David Culbertson, president and CEO of CSI, emphasized the importance of maintaining momentum and investing in both internal capabilities and external partnerships. This approach ensures that CSI can continue to compete effectively against larger financial institutions and deliver superior value to its customers.
CSI’s success over the past six months is a clear indication of its ability to adapt to market demands and leverage technological advancements. As the company moves forward, it aims to build on this success by further enhancing its product offerings and strengthening its relationships with financial institutions nationwide.
