- Knowledge agency Cinchy unveiled the Credit score Union Version of its Cinchy Dataware Platform in the present day.
- The answer is made particularly to assist credit score unions simply entry and leverage their information with out having to exchange 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 in the present day. The corporate is launching The Credit score Union Version of its Cinchy Dataware Platform to assist credit score unions lengthen the lifetime of their core programs, avoiding the necessity to substitute their present core with a brand new one.
The brand new resolution allows credit score unions which can be presently constrained by their core banking programs. Most of the outdated programs lead to siloed information, which makes it troublesome for the credit score union to leverage their information to create higher programs, an improved person expertise, and price financial savings.
Cinchy’s calls the potential “liberating information.” Right this moment’s new launch allows credit score unions to entry their information in 3 ways. First, with real-time information 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 fast collaboration.
“At Cinchy our aim is to allow organizations to economize by liberating and controlling their information in ways in which weren’t beforehand attainable,” stated 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 information material to assist banks entry information from apps and different silos and assemble it inside an easy-to-access information community. Among the many firm’s shoppers are TD financial institution, Colliers Worldwide, AIS, and Natixis. Cinchy has been named a Deloitte Know-how Quick 50 Firm to Watch and a Prime 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.
Photograph by Markus Spiske