COCC Strengths, Domain Expertise, and Key Differentiators
COCC's flagship offering, INSIGHT, is a cutting-edge core system designed to optimize banking operations. Operating within an online real-time processing environment, INSIGHT boasts a next-generation relational database system that seamlessly manages all deposits and loans. Leveraging an Oracle database and a Microsoft Windows-based .NET architecture user interface, INSIGHT empowers COCC to integrate top-tier ancillary products into the core while maintaining flexibility in developing and delivering client-specific capabilities. With its utilization of the latest technologies, INSIGHT streamlines integration processes compared to traditional legacy systems, enabling COCC to readily explore and adopt innovative products to enhance financial institutions' capabilities. The platform's .NET infrastructure, open architecture, and Oracle database facilitate clients in staying at the forefront of innovation, enabling swift and cost-effective deployment of enhancements such as core processing Apps.
COCC is a leading financial technology firm specializing in delivering data processing, outsourcing services, and cutting-edge banking applications tailored for financial institutions across the Northeast region.
COCC Recent Developments
COCC and Central Connecticut State University introduced a collaborative continuing education initiative tailored specifically for COCC employees. The Corporate Leadership Development (CLD) program offers COCC staff the exclusive chance to participate in CCSU's Official Certificate Program in Business Leadership. This program features graduate-level courses directly relevant to their roles at COCC, with all tuition costs covered by the company.
COCC Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying COCC applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of COCC and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified COCC customers.
COCC Overview
100 Executive Boulevard
Southington, CT, 6489, United States
1 860-678-0444
https://www.cocc.com/
Ownership: - x
Number of Employees: 800
Functional Markets: Analytics and BI, Content Management, ERP Financial, ERP Services and Operations, TRM,
Key Verticals: Banking and Financial Services,
COCC Key Enterprise and Cloud Applications
COCC
COCC Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
COCC Revenue Breakdown By Type, $M:
COCC Enterprise Applications Revenues By Functional Markets, $M:
COCC Enterprise Applications Revenues By Verticals, $M:
COCC Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
COCC Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
COCC Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified COCC Customers
No. of COCC Customers: 250
No. of COCC Enterprise Applications Customers: 250
No. of COCC Cloud Customers: x
No. of COCC Cloud Subscribers: 3000000
In November 2023, COCC added a new customer to its customer portfolio list, the CNB Financial Corporation (CNB Bank). The CNB Bank chose COCC to implement its real-time Continuous Security Monitoring (CSM) service to enhance the organization's cybersecurity defenses.
In addition to CNB Bank, COCC secured new customer wins in 2023. Among the notable additions were Juniata Valley Bank, Fidelity Federal Savings and Loan Association, Woodlands Bank, and several others.
COCC boasts a diverse clientele, including institutions such as GSL Savings Bank, Salisbury Bank, CNB Bank, First Citizens' Federal Credit Union, First County Bank, BayCoast Bank, GFA Federal Credit Union, New England Bank, HarborOne Credit Union, Polish National Credit Union, United Bank, National Iron Bank, BankNewport, Loan Origination, City of Boston Credit Union, Easthampton Savings Bank, Lake National Bank, Washington Trust, North Country Savings Bank, Needham Bank, Westfield Bank, NewportFed, Litchfield Bancorp, Northwest Community Bank, Mercantile Bank, Savings Institute, and others.
COCC Market Opportunities, M&A and Geo Expansions
COCC's advanced core technology facilitates seamless integration of leading ancillary products. Leveraging cutting-edge technologies ensures that COCC's integration processes are streamlined and comprehensive compared to legacy systems. This capability allows the company to explore and adopt innovative products, enhancing the capabilities of financial institutions and providing tailored solutions to meet the unique needs of each client.
COCC Risks and Challenges
Limited implementations solely to the United States pose inherent risks and hurdles for the company's growth trajectory and market expansion efforts.
COCC Ecosystem, Partners, Resellers and SI
In 2023, COCC established numerous partnerships with esteemed organizations, including PayTech Women, a professional organization dedicated to women in paytech, offering personal enrichment opportunities at every career stage. Additionally, COCC partnered with Advanced Fraud Solutions, a prominent provider of deposit fraud detection software, and SentinelOne, recognized for its Singularity Platform, a leading solution in autonomous cybersecurity.
COCC maintains strategic partnerships with leading entities such as Oracle, Digital Compliance, FIS, Intuit, Ensenta, Appgate, ACI Worldwide, Bankers' Bank Northeast, Comcast Business, Vanguard Software Group, Ion Bank, Alkami, Fairfield County Bank, SNL Banker, Fiserv, Ensenta, Zelle Numerated, and numerous others.
COCC Cloud Infrastructure Insights
Subscribe to read more about:
- COCC Public Cloud and Infrastructure (IaaS)
- COCC Platform (PaaS)
- COCC Application Delivery
- COCC Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
https://www.appsruntheworld.com/About Ushttps://www.appsruntheworld.com/taxonomy
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