Banker's Toolbox Moves HQ to Austin, Texas
"Austin has been dubbed the `Silicon Hills' due to the concentration of high-tech companies headquartered in the area, so there is an incredible amount of local talent that we can tap into," company CEO Daniel Cho wrote in a statement.
Cho also stated that the area's lower cost of living was another draw.
Banker's Toolbox employs 60 people in offices across the country, in Denver, San Diego, Tampa, and Atlanta. It offers commercial real estate loan stress tests, anti-money laundering software, and wire processing.
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