NXTsoft | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor


Value Not Disclosed 01/26/2023 Technology, Media & Telecom Complete
Financial Sponsors
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Transaction Details

  • On January 26th, 2023, OceanSound Partners announced that its portfolio company, CFM, has merged with NXTsoft to create the leading provider of API connectivity, workflow automation, and data analytics software for financial institutions
  • NXTsoft completed its previously announced separation from ThreatAdvice, a cybersecurity solutions business
  • NXTsoft helps its customers secure, connect, and optimize their data through integration flows that connect over 75 software applications to over 40 core processors
  • Together, CFM and NXTsoft deliver API solutions to over 1,800 banks and credit unions in North America

About the company


NXTsoft is the leading provider of secure, comprehensive, and complete workflow API connectivity, connecting fintech solutions to over 1,100 banks and credit unions throughout the United States. NXTsoft’s other solutions include data analytics, data management, and data migration. NXTsoft’s products and services help businesses secure, connect, and optimize their data to maximize revenue opportunities and enhance profitability. NXTsoft was founded in 2017 and is based in Orlando, Florida and Birmingham, Alabama. For more information visit, please visit www.nxtsoft.com.


CFM is driving transformation in retail banking through software that integrates core banking systems with branch technology, including cash recyclers, self-service kiosks, and tablet banking interfaces. CFM’s software solutions and data analytics tools simultaneously help financial institutions create modern retail banking experiences and drive operational efficiency by reducing branch operating costs and improving productivity. CFM has sold over 55,000 licenses to over 700 bank and credit union customers. CFM was founded in 2006 and is based in Tempe, Arizona. For more information, please visit: www.whycfm.com.

Sources: Company Filings and Press Release.
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    “Stephens” (the company brand name) is a leading family-owned independent financial services firm. Stephens’ US operations are headquartered in Little Rock, AR, with strategic locations in the US and a European presence in the UK and Germany. Stephens Inc. is a Member of the New York Stock Exchange and the Securities Investor Protection Corporation and is regulated by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority. Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024) is authorised and regulated by the Financial Conduct Authority.
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