- Knowledge agency Cinchy unveiled the Credit score Union Version of its Cinchy Dataware Platform at present.
- The answer is made particularly to assist credit score unions simply entry and leverage their information with out having to switch their core banking system.
- Cinchy received Better of Present for its demo at FinovateFall 2019.
Knowledge entry and management agency Cinchy unveiled a credit score union-specific answer at present. 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 present core with a brand new one.
The brand new answer permits credit score unions which can be at present constrained by their core banking techniques. Lots of the outdated techniques end in siloed information, which makes it tough for the credit score union to leverage their information to create higher techniques, an improved consumer expertise, and price financial savings.
Cinchy’s calls the potential “liberating information.” As we speak’s new launch permits 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 consumer accessibility that permits for fast collaboration.
“At Cinchy our purpose is to allow organizations to economize by liberating and controlling their information in ways in which weren’t beforehand doable,” mentioned Cinchy CEO Dan DeMers. “As we speak 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 cloth 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 High Rising Canadian Firm by The Globe and Mail. The corporate most just lately demoed at FinovateFall 2021 and received better of present for its demo at FinovateFall 2019.
Photograph by Markus Spiske