FARMINGTON HILLS, Mich.– Member Driven Technologies (MDT), a CUSO that hosts the Episys core processing system from Symitar, said it has launched a data analytics division to help credit unions better organize their data and make it more actionable.
According to the company, the need for a division dedicated to delivering more guidance and support around data analytics was validated during discussions with clients at a recent CEO Forum. In response, MDT said it hired a team that is specifically focused on hosting Symitar’s Advanced Reporting for Credit Unions (ARCU) for its clients. ARCU combines, integrates, aggregates and presents data analytics from multiple sources, improving visibility and tracking of key business indicators.
MDT said it can now install and support the business intelligence solution for credit union clients and will soon be offering additional custom reporting capabilities.
MDT said its data analytics division “lifts the burden” from credit unions of managing the infrastructure associated with data analytics themselves. By partnering, MDT said credit unions are enhancing their analytics capabilities by gaining a more holistic view of their internal operations and member behaviors while saving time and boosting efficiencies.
‘Better Understanding’
“Credit unions have a tremendous amount of data at their fingertips, but it’s often difficult to store, organize and properly leverage this information in-house,” said Larry Nichols, president and CEO of MDT. “With the new offering, we’re helping credit unions more meaningfully leverage data so that they can better understand their members’ unique needs and provide the personalized experiences they expect.”