A handful of regional banks this year are helping a small California technology company get off the ground by buying the vendor's software for managing assets and liabilities.

The vendor, Risk Management Technologies of Berkeley, Calif., was founded in 1989 by Dave LaCross, a former Bank-America Corp. senior vice president. "We have a tiger by the tail," said Mr. LaCross, referring to the company's recent sales spurt.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.