Quantalytix Launches Enterprise Bank Management Software for Credit Unions

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software for financial institutions, announced today the launch of their comprehensive data analytics solution specifically tailored for credit unions.

The cloud-based software provides credit unions with actionable insights and powerful, real-time intelligence needed to develop a sound data strategy. According to a recent study from Best Innovation Group and OnApproach, 45% of credit unions don’t currently have a strategy in place, and those that do have a strategy still say it will take three to five years to implement.

Quantalytix Co-founder and CEO, Chris Aliotta, said, “Credit union executives recognize the importance of having a strong data analytics strategy, however, many struggle due to lack of resources, disparate, legacy systems and siloed data sources across various departments. As former bankers, we understand the financial industry and its associated challenges. We designed EBM to automatically aggregate, normalize and process data, providing stakeholders immediate access to the information needed to drive decisions, improve the member experience and provide more lending opportunities.”

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