Digital Banking & Analytics Initiatives Top Banking Technology Predictions for 2022
When looking at major trends and predictions regarding banking technology for mid-market financial institutions this year, two themes top the list—digital banking and analytics initiatives. Mid-market financial institutions have been placing more emphasis on digital banking and analytics initiatives in recent years as consumer preferences and technologies evolve. But over the past two years, the pace of this shift has accelerated. As we move away from the initial shock to our economy caused by the global pandemic, and continue to feel its ripple effects in the supply chain, the jobs market, and price increases in nearly every sector, 2022 reveals that time is of the essence for new leaders to emerge in mid-market banking with smart technology investments.
Unfortunately, simply providing a mobile banking app is not enough in a world where customers demand personalized digital interactions. A banking institution must augment digital banking technology with customer intelligence and implement data-driven decision making through AI-enabled analytics. This is not a minor undertaking. It may require the bank to make a fundamental shift in the way it operates and the initiatives it prioritizes. Cultivating a data-driven culture is essential in meeting this goal. However, this can be challenging. Many mid-market financial institutions may not yet have the technology and talent needed to facilitate a data-driven culture. It requires data management and advanced analytics technology and expertise. Organizations need to take steps now in order to not only stay relevant—but to truly thrive—in this ever-evolving industry. Staying up-to-date on the latest technological trends is the first step in the process.
To learn more about the top technology trends in mid-market banking, and steps community banks and credit unions can take now in order to bridge the competitive gap, download our eBook, Top 5 Imperative 2022 Banking Technology Predictions for Mid-Market Financial Institutions.
Daybreak's Predictive Smart Features Add Additional Value for Credit Unions
Is your credit union in a position to hire experienced data scientists who will develop predictive algorithms to enrich your member relationships? With Aunalytics, you can take advantage an entire team of data science talent. Our customer intelligence data platform, Daybreak™ for Financial Services, includes industry relevant Smart Features™ —high value data fields created by our Innovation Lab using advanced AI to provide high-impact insights.
Watch the video below to learn more about how Smart Features provide additional value for credit unions.
2021 Indiana Bankers Association Banking on Women Conference
2021 Indiana Bankers Association Banking on Women Conference
Sheraton Indianapolis Hotel at Keystone Crossing, Indianapolis, IN
Aunalytics to Attend the 2021 IBA Banking on Women Conference
Aunalytics is pleased to attend the Banking on Women Conference in Indianapolis as a Ruby Sponsor. In addition to connecting with women bankers from across the state and listening to empowering speakers, Aunalytics will be demonstrating Daybreak™ for Financial Services, which uncovers customer insights from transactional data using machine learning and AI, and is tailored to the financial services industry.
Aunalytics President Rich Carlton to Speak at the California and Nevada Credit Union League’s REACH 2021
Carlton’s REACHtalk Will Offer Insights into Leveraging Data with Advanced Analytics to Personalize Customer Intelligence and Achieve Competitive Advantage
Leading Data Platform Provider Will Feature Aunalytics Daybreak for Financial Services in November at Industry Events Attended by California, Nevada, Indiana, and Minnesota Bankers and Credit Unions
South Bend, IN (October 25, 2021) – Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that the company’s president, Rich Carlton, will be featured as a REACHtalk speaker at the California Nevada Credit Union League’s REACH 2021, November 1-4. Carlton’s talk, Leverage Your Data with Advanced Analytics to Personalize Customer Intelligence and Achieve Competitive Advantage, will take place on November 3, 2021 at 11:45. REACH 2021 will be held at the JW Marriott Desert Springs Resort & Spa. Aunalytics will also feature its advanced data analytics solution for midmarket community banks at three industry events attended by bankers and credit unions from California, Nevada, Indiana, and Minnesota in November.
Aunalytics’ DaybreakTM for Financial Services offers midsize banks and credit unions the ability to gain customer intelligence to grow their lifetime value, predict churn, determine which products to introduce to customers and when, based upon deep learning models that are informed by data. Built from the ground up, Daybreak for Financial Services is a cloud-native data platform that enables users to focus on critical business outcomes. The solution seamlessly integrates and cleanses data for accuracy, ensures data governance, and employs artificial intelligence (AI) and machine learning (ML) driven analytics to glean customer intelligence and timely actionable insights that drive strategic value.
“Midmarket financial institutions can thrive by redefining the local experience and digitally transforming how they operate,” said Carlton. “The ability to target, discover and offer the right services to the right people, at the right time, improves customer relationships, delivers new products and services through data-driven campaigns, and accelerates competitive advantage. We look forward to meeting with bankers and credit unions from California, Nevada, Indiana, and Minnesota and showing how Daybreak for Financial Services can help them strengthen their position in regional markets and compete more effectively.”
Aunalytics will demonstrate Daybreak for Financial Services at:
- California Nevada Credit Union League’s REACH 2021, November 1-4
- Indiana Bankers Association Banking on Women Conference, November 3-4
- Minnesota Credit Union Network ACCELERATE21 Annual Conference, November 18-19
Tweet this: .@Aunalytics President Rich Carlton to Speak at the California Nevada Credit Union League’s REACH 2021 #FinancialServices #Banks #CreditUnions #Dataplatform #DataAnalytics #Dataintegration #Dataaccuracy #AdvancedAnalytics #ArtificialIntelligence #AI #Masterdatamanagement #MDM #DataScientist #MachineLearning #ML #DigitalTransformation #FinancialServices
About Aunalytics
Aunalytics is a data platform company delivering answers for your business. Named a Digital Innovator by analyst firm Intellyx, and selected for the prestigious Inc. 5000 list, Aunalytics provides Insights-as-a-Service to answer enterprise and mid-sized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at http://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Aunalytics Wins a 2021 Digital Innovator Award from Intellyx
South Bend, IN (October 19, 2021) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that it has received a 2021 Digital Innovator Award from Intellyx, an analyst firm dedicated to digital transformation.
As an industry analyst firm that focuses on enterprise digital transformation and the disruptive technology providers that drive it, Intellyx interacts with numerous innovators in the enterprise IT marketplace. Intellyx established the Digital Innovator Awards to honor technology providers that are chosen through the firm’s rigorous briefing selection process and deliver a successful briefing.
“At Intellyx, we get dozens of PR pitches each day from a wide range of vendors,” said Jason Bloomberg, President of Intellyx. “We will only set up briefings with the most disruptive and innovative firms in their space. That’s why it made sense for us to call out the companies that made the cut.”
Aunalytics offers a robust, cloud-native data platform built to enable universal data access, powerful analytics, and AI-driven answers. Customers can turn data into answers with the secure, reliable, and scalable data platform deployed and managed by technology and data experts as a service. The platform represents Aunalytics’ unique ability to unify all the elements necessary to process data and deliver AI end-to-end, from cloud infrastructure to data acquisition, organization, and machine learning models – all managed and run by Aunalytics as a secure managed service. And, while typically large enterprises are in a better position to afford advanced database and analytics technology, Aunalytics pairs its platform with access to its team’s expertise to help mid-market companies compete with enterprise companies.
“We’re honored to have been selected by a respected analyst firm such as Intellyx to receive its 2021 Digital Innovation Awards,” said Rich Carlton, President of Aunalytics. “It is a testament to the value we bring to our customers who are challenged with the need to achieve critical insights to operate more efficiently and gain a competitive edge.”
For more details on the award and to see other winning vendors in this group, visit the 2021 Intellyx Digital Innovator awards page here.
Tweet this: .@Aunalytics Aunalytics Wins a 2021 Digital Innovator Award from Intellyx #Dataplatform #Dataanalytics #Dataintegration #Dataaccuracy #Advancedanalytics #Cloudnative #Artificialintelligence #AI #Masterdatamanagement #MDM #Datascientist #Machinelearning #ML #Digitaltransformation
About Aunalytics
Aunalytics is a data platform company delivering answers for your business. Named a Digital Innovator by analyst firm Intellyx, and selected for the prestigious Inc. 5000 list, Aunalytics provides Insights-as-a-Service to answer enterprise and midsize companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its DaybreakTM industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Aunalytics Gains Significant Momentum in Q2 2021 with 40% Increase in Quarter over Quarter Growth of Analytic Data Platform Deployments
Award Winning Data Platform Provider Achieves Key Milestones and Expands Reach as it Delivers Universal Data Access and Advanced Analytics to Drive Digital Transformation for Customers
South Bend, IN (September 22, 2021) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, continued to demonstrate exceptional growth and momentum during the second quarter of 2021. Deployment of the Aunalytics Daybreak™ analytic database providing customer intelligence for the financial services industry increased 40%. Further, late in the quarter, the company launched a new tiered data model that reduces implementation time by 50% to place actionable revenue growth insights in the hands of its financial services clients faster. It is anticipated that implementations will continue to accelerate with this advancement. The company also announces a 25% increase in new clients in its enterprise cloud and managed services business lines.
The global big data and analytics market is expected to grow at a CAGR of 10% in the forecast period of 2021-2026, reaching $450 billion by 2026. Organizations have started to capitalize on big data by generating and leveraging key insights, strategies, and business decisions to provide better customer experiences, improve efficiency, and remain competitive by gaining answers to critical questions in nearly every functional aspect of their business.
Aunalytics offers a robust, cloud-native data platform built to enable universal data access, powerful analytics, and AI-driven answers. Customers can turn data into answers with the secure, reliable, and scalable data platform deployed and managed by technology and data experts as a service. The platform represents Aunalytics’ unique ability to unify all the elements necessary to process data and deliver AI end-to-end, from cloud infrastructure to data acquisition, organization, and machine learning models – all managed and run by Aunalytics as a secure managed service. And, while typically large enterprises are in a better position to afford advanced database and analytics technology, Aunalytics pairs its platform with access to its team’s expertise to help mid-market companies compete with enterprise players.
Significant milestones Aunalytics achieved in Q2 of this year include:
- Daybreak analytic database deployment 40% growth
- 25% new customer growth in cloud and managed services business lines
- The company announced that its Aunalytics® Cloud solution has achieved Federal Risk and Authorization Management Program (FedRAMP) Ready status and is actively working toward FedRAMP certification.
- The introduction of a new tiered data model workflow added to Daybreak 3.0 for faster implementation resulting in customers receiving answers faster. Implementation time has been reduced by 50%.
- The introduction of new Churn Propensity Smart Feature™ added to Daybreak 3.0: a predictive model that analyzes customer transactional data for indicators that a customer is likely to churn so that financial institutions can take action before losing customers.
- The introduction of new Product Propensity Smart Feature added to Daybreak 3.0: a machine learning powered customized dataset for each customer’s propensity for new financial services products by type modeled on customer behaviors prior to opening new accounts to better cultivate long-term customer relationships with intelligent marketing.
- The introduction of new Risk Scoring for Loan Default at Time of Application Smart Feature added to Daybreak 3.0: a machine learning powered data model to reduce lending risk based upon an institution’s historical loan defaults that identifies risk of a particular loan application at the time of underwriting.
- Aunalytics Accelerates Insights-as-a-Service Offering Through Ohio Expansion - The integration of Ohio-based managed services provider NetGain and Aunalytics in February 2021 has allowed the company to expand its footprint in the state and extended its solution portfolio, including Aunsight™ Golden Record and the Daybreak Analytic Database, to new customers in the region.
- Introduction of the Alliance Partner Program to Accelerate Adoption of its Cloud Native Data Analytics Platform and Capitalize on the Multi-Billion Dollar Market Opportunity. The Alliance Partner Program was developed to give ISVs and technology partners the dedicated resources and support to ensure success and drive new recurring revenue opportunities and long-term value for clients.
- New partnerships
- Aunalytics and AC3 Announce a Strategic Partnership that Empowers Oncology Practice Groups to Modernize Their Businesses Through Advanced Analytics and Valuable Business Insights
- Aunalytics and Stonebridge Consulting Announce Strategic Partnership to Deliver Data Accuracy and Advanced Data Management Solutions for the Oil and Gas Industry.
Kelly Jones, former president and chief operations officer of NetGain Information Systems (acquired by Aunalytics in February 2021) and now vice president of Integration Services at Aunalytics, was recognized as one of CRN’s 2021 Women of the Channel as well as one of CRN’s Power 60 Solution Providers.
- Aunalytics was named one of CRN’s Coolest Business Analytics Companies of the 2021 Big Data 100, a list of vendors that CRN says “solution providers should know in the big data business.”
“We’re extremely pleased with our continued momentum and the milestones achieved in the second quarter of this year,” said Rich Carlton, President and CRO of Aunalytics. “It demonstrates how businesses are eager to leverage their data for competitive gain, and yet midsize companies are often out-teched by larger rivals with bigger budgets for advanced data analytics tools and talent. We remain committed to providing the ability to quickly and accurately answer our customers’ important IT and business questions to help drive growth and improve the bottom line as we continue to expand our position as a leading data platform provider.”
Tweet this: .@Aunalytics Gains Significant Momentum in Q2 2021 with 40% Increase in Quarter over Quarter Growth of Analytic Data Platform Deployments #Dataplatform #Dataanalytics #Dataintegration #Dataaccuracy #ArtificialIntelligence #AI #Masterdatamanagement #MDM #DataScientist #MachineLearning #ML #DigitalTransformation #FinancialServices
About Aunalytics
Aunalytics is a data platform company delivering answers for your business. Aunalytics provides Insights-as-a-Service to answer enterprise and mid-sized companies’ most important IT and business questions. The Aunalytics® cloud-native data platform is built for universal data access, advanced analytics and AI while unifying disparate data silos into a single golden record of accurate, actionable business information. Its Daybreak™ industry intelligent data mart combined with the power of the Aunalytics data platform provides industry-specific data models with built-in queries and AI to ensure access to timely, accurate data and answers to critical business and IT questions. Through its side-by-side digital transformation model, Aunalytics provides on-demand scalable access to technology, data science, and AI experts to seamlessly transform customers’ businesses. To learn more contact us at +1 855-799-DATA or visit Aunalytics at https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Aunalytics on ActualTech Media's Spotlight Series
Aunalytics on ActualTech Media's Spotlight Series
Aunalytics CMO Katie Horvath sat down with David Davis of ActualTech Media to discuss helping companies with their data challenges. By providing Insights as a Service, we make sure data is managed and organized so it’s ready to answer your business questions.
