Minneapolis, MN (July 28, 2016) - OnApproach (www.onapproach.com), a leading provider of Big Data and Analytics for credit unions, is pleased to announce the winner of the 2016 Analytics and Financial Innovation Conference (AXFI) Best Practices Competition.
The Best Practices Competition introduces a forum that allows credit unions to share these ideas with each other so that they too can benefit from this knowledge. At the 2016 Analytics and Financial Innovation Conference, there were three finalists selected to showcase their hottest reporting, dashboarding, and/or analytics work product in the Best Practices Competition. The goal of the competition is to help the credit union industry become more analytically driven by collaborating and sharing best practices.
The three finalists that presented their work at the 2016 Analytics and Financial Innovation Conference were: Empower Federal Credit Union, Oregon Community Credit Union, and Sunshine Coast Credit Union.
Of the three finalists that presented, Empower Federal Credit Union’s Sales and Service Program was selected by the panel of judges, comprised of industry experts, as the winner of the competition. Todd Wolfe, Director of Application Development and Business Intelligence at Empower Federal Credit Union presented their Sales and Service Program at the 2016 AXFI Analytics Competition. This program provides members with a data-driven personalized experience when interacting with members via various channels. Integrated into the CORE banking system, it provides the front line staff the most important and relevant data to converse with the member they are interacting with.
Todd Wolfe, Director of Application Development and Business Intelligence at Empower stated, “The Sales and Service Program has made a significant improvement to our front line. It has proven incredibly valuable to be able to interact with members on a more personal level. We have always desired this level of personalization, and the integration of our data sources has finally made it both possible and simple.”
OnApproach is a CUSO that focuses on providing credit unions with the power to use data as a competitive advantage both independently and cooperatively. With OnApproach, credit unions can now harness the value of Big Data/Analytics through integration, advanced reporting, and predictive analytics. This deeper understanding of data allows credit unions to discover vital trends in member behavior, resulting in improved financial performance, reduced risk, and enriched relationships with members.
Austin Wentzlaff, Director of Business Development
(888) 523-6121 Ext. 110
About Empower Federal Credit Union
Empower Federal Credit Union is a full-service financial institution that provides savings, loan, and transaction services to members in Central New York, and in eight counties in New York State. As a credit union, Empower is a financial cooperative and is not-for-profit. Locations and other details are available at www.empowerfcu.com.
Todd Wolfe, Director of Application Development and Business Intelligence