- Knowledge agency Cinchy unveiled the Credit score Union Version of its Cinchy Dataware Platform as we speak.
- The answer is made particularly to assist credit score unions simply entry and leverage their knowledge with out having to switch their core banking system.
- Cinchy gained Better of Present for its demo at FinovateFall 2019.
Knowledge entry and management agency Cinchy unveiled a credit score union-specific answer as we speak. The corporate is launching The Credit score Union Version of its Cinchy Dataware Platform to assist credit score unions prolong the lifetime of their core techniques, avoiding the necessity to exchange their current core with a brand new one.
The brand new answer permits credit score unions which might be at the moment constrained by their core banking techniques. Most of the outdated techniques end in siloed knowledge, which makes it troublesome for the credit score union to leverage their knowledge to create higher techniques, an improved person expertise, and value financial savings.
Cinchy’s calls the aptitude “liberating knowledge.” At the moment’s new launch permits credit score unions to entry their knowledge in 3 ways. First, with real-time knowledge from core banking system and functions with out the necessity for copy-based integration. Second, with instruments together with auto-versioning, auto-backup, auto-protection, auto-correction, and auto-tracking. And third, with person accessibility that enables for immediate collaboration.
“At Cinchy our objective is to allow organizations to economize by liberating and controlling their knowledge in ways in which weren’t beforehand potential,” stated Cinchy CEO Dan DeMers. “At the moment we’re making this a actuality for credit score unions with the introduction of the Cinchy Dataware Platform Credit score Union Version.”
Based in 2017, Cinchy leverages knowledge material to assist banks entry knowledge from apps and different silos and assemble it inside an easy-to-access knowledge community. Among the many firm’s purchasers are TD financial institution, Colliers Worldwide, AIS, and Natixis. Cinchy has been named a Deloitte Know-how Quick 50 Firm to Watch and a High Rising Canadian Firm by The Globe and Mail. The corporate most not too long ago demoed at FinovateFall 2021 and gained better of present for its demo at FinovateFall 2019.
Picture by Markus Spiske