Aunalytics Executive to Present Session on Mobile Offices & Working Remotely at the Michigan Municipal Treasurers Association’s 2022 Basic Institute Conference
Vice President of Sales - Cloud, Steve Burdick, Will Discuss Strategies to Improve Consistent Data Access While Protecting the Security Perimeter, How to Mitigate Risks and Create Better Remote Work Scenarios
South Bend, IN (April 20, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that Steve Burdick, Vice President of Sales - Cloud for Aunalytics, will present a session titled Mobile Offices & Working Remotely at the Michigan Municipal Treasurers Association’s 2022 Basic Institute conference on April 28. The conference will be held at the Comfort Inn & Suites in Mt. Pleasant, Michigan.
With remote work more prevalent than ever, most businesses now hold some form of sensitive data in the cloud and workers access company data from remote locations. Zero trust security principles based on a user’s credentials instead of a user’s location within a firewalled company facility, are the new norm.
Cybersecurity attacks have increased to higher than ever levels. It has been reported that ransomware attacks, which are reaching new levels of sophistication, increased more than 90 percent in 2021 with demands for payment skyrocketing into tens of millions of dollars.
Burdick's Mobile Offices & Working Remotely session will address how today’s modern work settings demand more mobility than ever, but the consequences of working remotely create cyber security challenges for all organizations. With distributed workforces becoming a critical part of the new reality, the security perimeter can span hundreds, and even thousands, of networks that are potentially exposed to risk at every point.
Session attendees will learn strategies to improve consistent access to data while protecting the security perimeter, how to mitigate risks, and create better remote work scenarios.
Tweet this: .@Aunalytics Aunalytics Executive to Present Session on Mobile Offices & Working Remotely at the Michigan Municipal Treasurers Association’s 2022 Basic Institute Conference #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 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 Innovation Lab Accelerates Midsize Financial Institution Business Outcomes with AI Intelligence Services
Powerful Analytics/Intelligence Services and Experienced Data Science Team Provides Affordable Alternative to HyperCloud-based Solutions
South Bend, IN (April 12, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, today highlighted AI-powered Business Intelligence use cases built by the organization’s Innovation Lab. Established to provide deep insights to midsize financial services organizations lacking large AI budgets, the Aunalytics® Innovation Lab’s team of data scientists create and deploy Smart FeaturesTM (data-driven analytic insights) for companies seeking specific predictive functionality to solve mission critical business challenges.
According to a recent Deloitte survey of IT and line-of-business executives, “86% of financial services AI adopters say that AI will be very or critically important to the success of their business over the next two years. While the banking sector has long been technology-dependent and data-intensive, new data-enabled AI technology has the capability to drive innovation further and faster than ever before. AI can help improve efficiency, enable a growth agenda, boost differentiation, manage risk and regulatory needs, and positively influence customer experience.”
Moving from reactive to proactive, predictive and prescriptive IT solutions are one of the key benefits of integrating a properly architected intelligence service enabled by machine learning, deep learning and artificial intelligence. For example, when a properly orchestrated AI/ML solution is in place, a bank can identify a customer purchase from the Home Depot (for example) and deliver predictive insights suggesting the customer may need a HELOC loan (Home Equity Line of Credit). Bank marketing is then able to take advantage of that information through predictive or proactive sales or marketing outreach. Because of the bottom-line impact this technology can have on midsize financial institutions competing against the Fortune 500, there is rapidly increasing demand for the technology nationwide.
The development of AI powered Smart Features for Aunalytics financial services customers is a top Innovation Lab priority. Smart Features are customized to leverage insights obtained from data-driven machine learning models. The Aunalytics service model includes a private analytics cloud as part of the end to end solution, so that customers can manage compute and storage costs associated with data analytics. Part of the customization is data mining transactional banking data and enriching it with the inclusion of algorithm-powered high value fields appended to customer records that reveal insights about a customer. Smart Features provide answers to pressing business questions in order to recommend next steps to take with a particular customer to deepen or extend the relationship, provide targeted sales strategies and marketing campaigns for better customer experiences that yield more profitable business outcomes.
By providing extensive data science expertise to answer industry and client specific business questions, Aunalytics is showcasing the promise of data-driven intelligence for midmarket financial services. As a result, these organizations can better understand a particular customer, product or service viability through comparison to other customers and/or data. Whether there is an interest in knowing if a customer is likely to select a new financial product, her potential as a long-term customer, or any other number of questions, the Aunalytics Innovation Lab team of data scientists and financial industry business analysts are experienced and committed to answering these questions based on years of experience with other small to midsize financial establishments. Other Smart Features are aimed at providing actionable insights for operational efficiency, risk of loan default at time of application, customers at risk for crypto fraud, where to open or close bank branches, ways to minimize customer impact from new federal regulations regarding overdraft protection, and much more.
“Demand for intelligence services by financial services organizations is starting off strong in 2022. Therefore, we are building in a number of new Smart Features to enhance system capabilities,” said David Cieslak, Chief Data Scientist. “New functionality will support evolving compliance and security requirements and find opportunities in a financial institution’s own data. Instead of using national averages, we provide insights based on what is actually happening in a financial institution and enrich the data for predictive analytics. Our goal is to enable mid-market financial institutions, such as community banks and credit unions, to use data in a powerful way to enhance their personalized services to better compete against Fortune 500 banks.”
Tweet this: .@Aunalytics AI Innovation Lab Supporting Small to Midsize Financial Service Providers with Advanced AI Intelligence Services
#Manufacturing #Recreationalvehicles #RV #Dataplatform #DataAnalytics #Dataintegration #Dataaccuracy #AdvancedAnalytics #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 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 members’ 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
Michiana Hematology Oncology Named an IDC Future of Intelligence Award Winner
Oncology practice digitally transforms and simplifies healthcare business complexities with state-of-the-art technology from AC3 and Aunalytics
South Bend, IN (March 31, 2022) – Michiana Hematology Oncology, which delivers world-class cancer care to local communities, has been named an IDC Future of Intelligence winner based on its use of AC3’s oncology practice intelligence platform, powered by Aunalytics’ advanced data management platform and revenue cycle analytics. The award program acknowledges organizations that have demonstrated outstanding capabilities related to increasing enterprise intelligence and as a result, improved business outcomes.
IDC commends those with forward thinking initiatives that span across four key capabilities of enterprise intelligence – Ability to Synthesize Information, Capacity to Learn, Delivery of Insights at Scale, and Data Culture – and those who excel in any one of these four areas. Michiana Hematology Oncology (MHO) was named a winner in the Capacity to Learn category and will be recognized at an awards ceremony in May 2022.
MHO implemented AC3’s oncology practice intelligence platform, powered by Aunalytics’ advanced data management platform and revenue cycle analytics, to digitally transform and simplify healthcare business complexities. Oncology care often involves multiple providers, treatments and newly emerging drugs that are added to patient care as cancer science continually advances. The billing process is particularly complicated and often riddled with cumbersome manual processes. The alliance between AC3 and Aunalytics offers MHO advanced analytics and valuable business insights to improve operations and collect revenue in an accurate and timely manner. This is key to driving the overall health of an oncology practice.
Using AC3’s oncology intelligence solutions with advanced analytics from Aunalytics, MHO understands its business more quickly, makes better decisions that are data driven, and achieves greater results, such as getting new leadership up to speed quickly based on a more accurate picture. In addition, the practice can manage cash flow more efficiently with visibility into ever changing data, with a clear picture of its actual allowed rate is vs. billed rate. As a result, MHO gains a keener view of the true health of the practice, based on data accuracy - more data is collected, and collected more precisely.
“Michiana Hematology Oncology demonstrated that enterprise intelligence can help achieve operational efficiencies regardless of the size and the industry of an organization. MHO strives to deliver the best care to its patients across the Midwest region while reducing the administrative burden on its employees,” said Chandana Gopal, Research Director, Future of Intelligence at IDC. “The organization is recognized as a winner in the Capacity to Learn category because it implemented initiatives that were continuously improved and fostered collaboration between its administrative team, clinical staff, and other entities that ultimately improve patient care."
To learn more about IDC’s Future of Enterprise Awards Program, visit here.
About Michiana Hematology Oncology
Established in 1968, Michiana Hematology Oncology is the largest cancer care organization of its kind in northern Indiana, with offices in Crown Point, Chesterton, Elkhart, Hobart, Mishawaka, Plymouth, Valparaiso and Westville. The organization consists of 11 Medical Oncologists, three Radiation Oncologists and four Advanced Practice nurses who provide integrated and comprehensive medical and radiation oncology services for patients throughout the region. For more information, visit www.TheHeartOfCancerCare.com.
About AC3
AC3’s practice intelligence platform digitally transforms oncology practices into modern and sustainable operations that reduce the overall cost of care. Through its oncology data model which unites practice management, healthcare data and innovative technology intelligence into a single environment, AC3 delivers full transparency and automated actionable insights to simplify workflows, increase efficiency, and secure revenue integrity. Guided by a dedicated side-by-side client success team, AC3 simplifies oncology business complexities empowering practices to spend more time on what matters – fighting cancer. To learn more, visit https://ac3health.com/
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 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 President Rich Carlton to Deliver Keynote Address at Virtual Fintech Conference, and CMO Katie Horvath to Present at Bankers Education Summit in April
Leading Data Platform Provider Will Demonstrate Aunalytics Daybreak for Financial Services at National and Statewide Industry Events Attended by Bankers and Credit Unions
South Bend, IN (March 30, 2022) – Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that President Rich Carlton will deliver a keynote address at the Washington Bankers Association Virtual Fintech Conference on April 20, and participate in a panel at the conference on April 21. Aunalytics Chief Marketing Officer Katie Horvath will also present in April, at the Michigan Bankers Association Bankers Education Summit and Trade Show. Both Carlton and Horvath will discuss how mid-market bankers and credit unions can increase market share with AI-driven personalized interactions with customers and members.
Aunalytics will participate in multiple industry events in April, showcasing DaybreakTM for Financial Services, an advanced data analytics solution for community banks and credit unions:
- Ohio Bankers League Security & Technology Conference, April 6-8
- FIS Emerald, April 11-13
- Michigan Bankers Association BEST (Bankers Education Summit & Trade Show) Conference, April 12-14
- Cornerstone League IMPACT 2022: Annual Meeting & Council Forum, April 20-22 (Texas, Arkansas, Oklahoma credit unions)
- Washington Bankers Association Virtual Fintech Conference, April 20-21
- Minnesota Credit Union Network ACCELERATE 22 Annual Conference, April 21-22
Daybreak for Financial Services enables midsize financial institutions to gain customer intelligence and 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 Horvath. “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. Consumers demand digital experiences and view personalization as the default standard for engagement. Personalized marketing in a digital world matters more than ever before, especially for midmarket banks that have traditionally relied upon hometown, white glove service to win customers. Using Aunalytics Daybreak for Financial Services, midsize banks can now benefit from the advanced analytics that their large national counterparts have employed, to make personalized interactions data driven. This enables mid-market financial institutions to target-market more efficiently, reach high-value customers with the right product offering, and win business away from competitors to expand value. We look forward to meeting with bankers and credit unions at a variety of industry events in April and demonstrating how Daybreak for Financial Services can help them strengthen their position in regional markets and compete more effectively.”
Tweet this: .@Aunalytics Aunalytics President to Deliver Keynote at Fintech Conference & CMO to Present at Bankers Education Summit in April #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 https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Interra Credit Union Will Join Aunalytics at CULytics 2022 Virtual Summit to Discuss the Need for Digital Transformation and Using Advanced Analytics to Move Business Forward
Aunalytics to Demonstrate Its Advanced Data Analytics Solution and How Credit Unions Can Accelerate Data-driven Insights to Enhance the Member Experience
South Bend, IN (March 17, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that its customer Interra Credit Union will participate in a “fireside chat” case study session at the CULytics 2022 Virtual Summit taking place March 22 and March 29, 2002.
Aunalytics is a Gold Sponsor of the summit which brings leading credit unions together to share valuable industry learnings. Interra Credit Union’s CEO, Amy Sink, will join Aunalytics President Rich Carlton on March 29, 11:30am-12pmPT to discuss the need for data transformation, and how Interra is using Aunalytics to better serve its members. With AI-driven analytics, Interra can focus on the future and how to drive its business forward, while helping its members overcome challenges they may have.
“Credit unions, like many other financial institutions, struggle with not only a plethora of data, but data that is largely siloed across the organization,” said Rich Carlton, President, Aunalytics. “I’m thrilled that Amy will be joining me at CULytics to share her insights about how Interra Credit Union successfully aggregated and integrated its data for analytics use. With greater intelligence and insights about its members, the credit union will be in a better position to address the challenges members may have and improve their overall experience.”
Aunalytics will also feature DaybreakTM for Financial Services, its advanced data analytics solution for midmarket financial institutions, at a virtual booth both days of the summit. With Daybreak, credit unions can gain member intelligence to grow their lifetime value, predict churn, determine which products to introduce to members and when, based upon deep learning models that are informed by data.
Aunalytics is a trusted partner of CULytics, a community-based consultancy committed to helping credit unions get the most out of their investment in data and digital. It is dedicated to bringing together the credit union community by sharing expertise, industry best-practices and successes in data analytics and digital transformation. For more than six years, CULytics has invested in the success of the credit union community by embracing its ideals and charting a path toward a brighter future for all.
Tweet this: .@Aunalytics Interra Credit Union Will Join Aunalytics at CULytics 2022 Virtual Summit to Discuss the Need for Digital Transformation and Using Advanced Analytics to Move Business Forward #FinancialServices #Banks #CreditUnions #Communitybanks #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 https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Horizon Bank Drives Valuable Data-driven Insights and Positive Outcomes for Customers Using Aunalytics Daybreak for Financial Services
Aunalytics Data Platform Accelerates Horizon’s Digital Transformation Journey, Empowering the Bank with Compelling Advantages over Larger, Competitive Institutions
South Bend, IN (March 8, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that Horizon Bank is using Aunalytics’ Daybreak for Financial Services to drive powerful data-driven insights and positive outcomes for the bank’s customers. With plans to expand the platform with artificial intelligence and machine learning to generate new business, as well as additional data sources to support customers, the system is taking Horizon Bank to the next level of services that make it a preferred financial partner with compelling advantages over larger, competitive establishments.
Founded in 1873, Horizon Bank has a vision for the future to provide customers with technology that is designed to facilitate interaction and it provides online conveniences that support innovative solutions for personal, commercial and mortgage banking needs, as well as wealth and investment services.
A community banking organization with 74 locations, Horizon sought to resolve an ongoing customer relationship management (CRM) concern that had plagued it for years. The bank’s CRM systems fell short of meeting the organization’s objectives due do a data infrastructure that wasn’t conducive to robust customer relationship management.
The CRM systems lacked data integration capabilities needed for the company to utilize the full breadth and depth of its information resources held across a wide range of databases, data warehouses and other repositories. This restrained sales, marketing and services which would improve the quality of experience for customers and support the organization’s revenue objectives. As a result, Horizon made the strategic decision to develop a custom in-house CRM solution and selected Aunalytics Daybreak for Financial Services for seamless data integration and analytics that would facilitate its business intelligence goals.
“What we needed to succeed was an analytics platform capable of unifying and helping us to fully leverage our informational assets. Expectations for the platform would be to deliver clean information from all available sources, not just for our CRM solution, but for marketing and financial operations as well,” said Madelaine Spoljoric, Vice President of Business Intelligence for Horizon Bank. “With this in mind, we selected the Daybreak for Financial Services platform, which made the integration of informational sources fast and simple while delivering powerful analytics and actionable insights.”
Data experts at Aunalytics took a three-pronged approach to solve Horizon Bank’s business challenges using the Daybreak for Financial Services analytics database platform. The first step was to get the data right by converging disparate repositories, and organizing the information for ingestion in the proper application area. Horizon Bank would leverage Daybreak’s robust, cloud-native platform to convert data into answers in support of a wide range of business intelligence applications.
Daybreak allows Horizon’s executives to view system-wide data from all business units, cleansing and verifying records to provide enriched data for accurate decision making. The aggregated data delivers a 360-degree view of customer information including behavioral data, from which the platform’s proprietary AI technology and deep learning models developed by Aunalytics data scientists glean customer intelligence insights.
Aunalytics’ data centers host customer data in a secure enterprise cloud and compute environment, which is based on a highly redundant and scalable platform. This allows customers to scale as their business requires with hosted servers, applications, and data. Daybreak users are supported by the company’s 24/7/365 help desk, which Horizon Bank praised for its on-demand service suite and resolution of issues if and when they arise. Horizon Bank administrators access these services through the customer self-service portal, providing service ticketing, system-wide monitoring and alerting, 24x7 telephone support, 24x7 onsite support, and preventative maintenance on covered systems.
To initiate the company’s digital transformation strategy, Horizon Bank migrated 100,000 customers from an acquisition into the Daybreak for Financial Services analytics database platform overnight. This resulted in a successful post-merger transition. The introduction of automation and the simplification of IT infrastructure by bringing systems together has streamlined the company’s computing environment significantly. Automated dashboards now generate reports daily using multiple sources, replacing spreadsheets that required the review of data across hundreds of tabs. This advancement allows for deeper insights as the bank can now get very granular and take actions based on clear, accurate data—something that was not possible previously. Some of the reports produced by the new system go to senior management, including the CEO—a sign of real business impact.
“In support of this Daybreak deployment, the excellent strategic direction of the business intelligence team at Horizon Bank has made the platform that much more effective, providing for more accurate data-driven decision making,” said Ryan Wilson, Vice President, Client Relationships for Aunalytics. “We are enjoying this journey and look forward to continue working together with Horizon on these initiatives.
Full case study here.
Tweet this: .@Aunalytics Horizon Bank Drives Valuable Data-driven Insights and Positive Outcomes
for Customers Using Aunalytics Daybreak for Financial Services #Banks #Banking #BankMarketing #Dataplatform #DataAnalytics #Dataintegration #Dataaccuracy #AdvancedAnalytics #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 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 members’ 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 Vice President Ryan Wilson to Address How Community Banks Can Leverage Their Data to Gain a Competitive Edge at The ONE Conference
Leading Data Platform Provider Will Showcase Daybreak for Financial Services Solution at Illinois Bankers Conference
South Bend, IN (February 25, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that its Vice President of Client Relationships, Ryan Wilson, will present at the Illinois Bankers' The ONE Conference to be held March 3-4, 2022 at the Embassy Suites in East Peoria. Wilson’s presentation, Using Advanced Data Analytics to Personalize Customer Intelligence and Achieve Competitive Advantage, will take place on March 3. Aunalytics will also feature DaybreakTM for Financial Services, its advanced data analytics solution for midmarket banks, at the Illinois conference.
Daybreak 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.
With daily insights powered by the Aunalytics cloud-native data platform, industry intelligence, and smart features that enable a variety of analytics solutions for fast, easy access to credible data, financial services organizations should be able to take data-driven actions such as:
- Target the right customer at the right time
- Target market more efficiently to a subset of customers and prevent waste
- Target high value customers for continued growth
- Reach out to customers who are not using or getting the most value out of current purchases to prevent attrition
- Win business away from competitors to expand revenue
“It is increasingly difficult for financial organizations to leverage their data and gain customer intelligence that drives higher business value,” said Ryan Wilson, Vice President of Client Relationships, Aunalytics. “Midmarket banks and credit unions in particular aren’t in a position to ‘out tech’ their large national counterparts. Aunalytics provides the data platform and advanced analytics solutions they need, delivered in a side by side model that couples technology with talent and helps them achieve a competitive advantage.”
Tweet this: .@Aunalytics Vice President Ryan Wilson to Address How Community Banks Can Leverage Their Data to Gain a Competitive Edge at Illinois Bankers The ONE Conference #FinancialServices #Banks #CreditUniondirectors #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 https://www.aunalytics.com or on Twitter and LinkedIn.
PR Contact:
Denise Nelson
The Ventana Group for Aunalytics
(925) 858-5198
dnelson@theventanagroup.com
Communication Federal Credit Union Leverages Data to Drive Higher Business Value Using Aunalytics Daybreak for Financial Services
Aunalytics’ Advanced Data Analytics Platform, Coupled with a Dedicated Side by Side Model, Accelerates the Credit Union’s Member-centric Decision Making
South Bend, IN (February 22, 2022) - Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that Communication Federal Credit Union (CFCU) is using Aunalytics Daybreak for Financial Services so that it can leverage its data to accomplish high effort projects at greater speed and efficiency. With Aunalytics’ advanced data analytics platform, in combination with the company’s side by side approach which integrates technology and expertise for non-business users, the credit union has accelerated its member-centric decision making to drive higher business value.
CFCU is a $1.7 billion full-service credit union with more than 200 employees and 23 branches in Oklahoma and Kansas. It serves more than 105,000 members and partners with many successful businesses such as OG&E, ONEOK, ONE Gas, AEP/PSO, Chaparral Energy, AT&T, Goodyear Tire, and more than 250 other groups.
Because of CFCU’s strong commitment to individualized service, the credit union uses a “hands on” approach when it comes to business intelligence and how it manages data. Ben Smith, Vice President Business Intelligence for CFCU, explains that “We work hard to get our hands dirty and figure out how we can execute our strategic goals, measure accordingly, and then quickly adjust our findings. At the same time, we take an ‘anything is possible’ approach, which posed a significant challenge back in the dark ages for credit unions and data analytics several years ago when we were all just getting started and trying to figure out how to do things with a slew of platforms, systems, and lots of data.”
Having data was never an issue for CFCU as the organization had always had volumes of information to work with. However, it was scattered across the organization and was messy, disjointed, and very difficult to bring together. As the credit union started to adopt analytics and become more data driven, it had to quickly learn how to leverage data within technology platforms to fulfill senior management’s requests for strategic information. Proving that it could deliver upon requests with the anything is possible approach, the business intelligence team began to receive an outpouring of requests, and found itself devoting a lot of time, effort, and determination to accommodate them.
Reaching a point when the existing model wasn’t sustainable, the team determined it needed a data analytics solution provider to support its business intelligence initiatives. After an unsuccessful experience with its first provider, CFCU established more concrete goals and a higher set of expectations for what it required of a data analytics provider. Innovation and a true partnership were at the top of its wish list. The business intelligence team spoke with many peers and industry experts before beginning the formal exploration process.
“We wanted to work with a leading-edge technology company that had a proven track record of innovation, along with experience across multiple industries, including financial services,” Smith said. “In addition, we were looking for a partnership that would go well beyond the traditional services model - a partner who would pull alongside us in a manner in which we push them towards excellence in the platform, and they push us toward excellence in our analytics and outputs from the platform. It really required a fresh approach to our preliminary discovery questions when meeting with different providers.”
CFCU narrowed its vendor selection down to two providers including Aunalytics. In addition to outscoring the other company, Aunalytics offered a side-by-side partnership model that integrated technology and expertise in one end-to-end solution built for non-technical business users. Aunalytics was also flexible, open, agile, and offered an unmatched level of support.
Implementing Aunalytics data platform and Daybreak® for Financial Services, CFCU realized immediate high value impact in centralized automated data cleansing, organizing, structuring, consolidating, and aggregating. The credit union was able to gain and leverage daily cleansed data, delivered seamlessly in a dynamic environment without the investment in required cloud infrastructure, software, and people such as data engineers, data scientists, and day to day support. CFCU now leverages this data to accomplish high effort projects at greater speed and efficiency.
Built from the ground up for credit unions and midsize community banks, 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, and employs artificial intelligence (AI) and machine learning (ML) driven analytics to glean customer intelligence and timely actionable insights that drive strategic value. It includes transactional banking data that a financial institution creates and batches daily in the analytics, to provide the most up to date insights ready for business users to act upon when each business day begins.
“Our approach at the beginning of our data analytics journey was that anything was possible - with enough time, effort, and determination,” Smith said. “Our approach now with Aunalytics is that anything is quickly possible - with the right tools, innovation, and partnerships.”
“Communication Federal Credit Union had been struggling with what many financial institutions are challenged with - massive amounts of data that is typically siloed across the organization, making it difficult and time consuming to aggregate and integrate for higher business value,” said Ryan Wilson, vice president, Client Relationships at Aunalytics. “We’re pleased to work with them in a side by side manner that helps CFCU achieve its business goals while reducing and streamlining the manual processes required before implementing the Daybreak solution.”
Full case study here.
Tweet this: .@Aunalytics Communication Federal Credit Union Leverages Data to Drive Higher Business Value Using Aunalytics Daybreak for Financial Services #CreditUnion #Banking #FinancialServices #CommunityBank #Midmarket #Dataplatform #DataAnalytics #Dataintegration #Dataaccuracy #AdvancedAnalytics #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 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 members’ 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 VP Ryan Wilson to Present at Launch 2022, Providing Insights into How Credit Unions Can Strengthen Their Position in Regional Markets and Compete More Effectively Using Advanced Data Analytics
Leading Data Platform Provider Will Feature Aunalytics Daybreak for Financial Services at The Carolinas Credit Union League Event in February
South Bend, IN (January 31, 2022) – Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, announced today that the company’s Vice President, Client Relationships Ryan Wilson will present at LAUNCH 2002, hosted by The Carolinas Credit Union League in February. Wilson’s talk, How Advanced Data Analytics Enables Credit Unions to Strengthen Their Position in Regional Markets and Compete More Effectively, will take place on February 4 at 10:45 a.m. at the Sheraton Charlotte in Charlotte, North Carolina. Aunalytics will also showcase its advanced data analytics solution for credit unions at the event, February 3-4.
Aunalytics’ DaybreakTM for Financial Services offers credit unions the ability to gain member intelligence to grow their lifetime value, predict churn, determine which products to introduce to members 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 member intelligence and timely actionable insights that drive strategic value.
Using Aunalytics’ universal cloud-native data platform, predictive analytics, and AI/ML based Smart Features, credit unions have an effective and scalable way to leverage data for strategic business insights. Harnessing their data enables them to discover patterns, insights, trends, and usage strategies to help strengthen their position in regional markets and compete with large national banks. With Aunalytics’ member intelligence data model, they can deliver timely personalized messages to members, make data-driven product recommendations, measure campaign ROI, and grow net dollar retention.
“Credit unions and other midmarket financial institutions can sharpen their competitive edge by redefining the local experience and digitally transforming how they operate,” said Wilson. “The ability to target, discover and offer the right services to the right people, at the right time, improves member relationships, delivers new products and services through data-driven campaigns, and accelerates competitive advantage. We look forward to meeting members of The Carolinas Credit Union League and demonstrating how Daybreak can help them achieve their revenue goals in an increasingly digital, data-driven financial services environment.”
Tweet this: .@Aunalytics Aunalytics Vice President Ryan Wilson to Present at Launch 2022 #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 members’ 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 Cites Cybersecurity Best Practices for Financial Services as Attacks Rise 118% in 2021
Secure Managed Services Provider Protects Community Banks and Credit Unions as Cybercriminals Double Down on Efforts to Breach Financial Data, Compromise Accounts, and Profit Illegally
South Bend, IN (December 14, 2021) – Aunalytics, a leading data platform company delivering Insights-as-a-Service for enterprise businesses, today announced several cybersecurity best practices for financial services firms, including community banks and credit unions. This guidance follows new data showing hackers will continue to strike these organizations with increasing sophistication, targeting the high value data held by these organizations.
For the past six years, the finance sector has been ranked number one as the most cyberattacked industry. In 2020, attacks against banks and other financial institutions climbed an incredible 238% followed by a further impressive 118% increase in 2021. One example includes Europe-based Carbanak and Cobalt malware campaigns which targeted more than 100 financial institutions in more than 40 countries during five years, yielding criminal profits of more than a billion Euros.
According to the 2021 Modern Bank Heists 4.0 survey, the most common types of attacks hitting the financial services sector in 2020 and 2021 included server attacks, data theft and ransomware cases. It was also found that 57% of surveyed financial institutions revealed an increase in wire transfer fraud, 54% had experienced destructive attacks, 41% had suffered brokerage account take-overs, 51% experienced attacks on target market strategy data, 38% suffered attacks originating from hackers accessing trusted supply chain partners to gain entry into the bank, and 41% had become victim to manipulated timestamps resulting in fund theft.
Increasing the challenge for financial institutions is the fact that the current unemployment rate for IT security professionals is approximately 0%. The scarcity of highly skilled security professionals is compounded by the huge volume of emerging threats. As a result, financial institutions are struggling to keep up with the ever-increasing threat landscape. Digitalization in commerce is driving the need for continuously adapting and evolving skills and knowledge for IT security.
Best Practices for the Defense Against Cyber Threats
As a specialist in secure managed services, the experts at Aunalytics have reviewed the top actions necessary to secure IT, administrative, and environments touching the consumer in the financial services space to prioritize the most important areas that should be considered when securing these businesses against a cyberattack. The following best practices include:
- Continuously updating security technology and protocols as threats evolve and adapt. This means deploying a dedicated full-time security team – not an overworked IT department handling system stability and help desk, while also trying to keep abreast of the latest security threats and technologies, piecing together security tools as a solution. This is not a solution.
- Employment of 24/7/365 monitoring with remote remediation to quickly stop attacks in their tracks.
- Monitoring endpoint devices to stop attacks before they hit networks. User devices are the most likely entry point for attackers to compromise a financial institution due to the high propensity for innocent user error opening doors.
- Monitoring cloud security including application use across the financial institution to be on the lookout for atypical user behavior signaling an attack.
- Monitoring email and Office 365 using tools specially designed to thwart attacks on these platforms, such as expertly recognizing and removing phishing scams before employees have an opportunity to unleash horrible consequences with a rogue mistaken click.
- Having a dedicated security team and SOC, or hire an expert outside managed security services firm that embeds tools, technology and 24/7/365 monitoring to serve as an SOC. This is a must for financial institutions.
- Pushing frequent patches so that user devices are equipped with the latest security protections.
- Adopting deep learning or AI monitoring, mitigation and context investigation that can more quickly identify threats.
- Encrypting data so that it is not compromised even if a breach occurs.
- Using multi-factor authentication to protect against unauthorized access.
- Instructing employees and customers to only access bank data in a secure location over a non-public Internet connection.
- Training employees on cybersecurity threats quarterly.
- Developing a solid business recovery plan for when an attack occurs.
“The challenge with cyber threats is daunting because they can enter the business environment from any number of areas, making comprehensive, multi-layer security strategies and implementations a must,” said Katie Horvath, CMO, Aunalytics. “However, by implementing this recommended regiment of protections, organizations can significantly reduce the risk of a successful attack, safeguarding client data and the organization’s long-term viability.”
Tweet this: .@Aunalytics cites cybersecurity best practices for financial services as attacks rise 118% in 2021 #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 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