- Knowledge agency Cinchy unveiled the Credit score Union Version of its Cinchy Dataware Platform immediately.
- The answer is made particularly to assist credit score unions simply entry and leverage their knowledge with out having to interchange 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 resolution immediately. 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 change their present core with a brand new one.
The brand new resolution permits credit score unions which can be presently constrained by their core banking techniques. Lots of the outdated techniques end in siloed knowledge, which makes it troublesome for the credit score union to leverage their knowledge to create higher techniques, an improved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 price financial savings.
Cinchy’s calls the potential “liberating knowledge.” Right this 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 purposes 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 permits for immediate collaboration.
“At Cinchy our purpose is to allow organizations to economize by liberating and controlling their knowledge in ways in which weren’t beforehand doable,” mentioned Cinchy CEO Dan DeMers. “Right this 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 cloth 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 shoppers are TD financial institution, Colliers Worldwide, AIS, and Natixis. Cinchy has been named a Deloitte Expertise Quick 50 Firm to Watch and a High Rising Canadian Firm by The Globe and Mail. The corporate most just lately demoed at FinovateFall 2021 and gained better of present for its demo at FinovateFall 2019.
Picture by Markus Spiske