TAMPA, Fla.–Trellance has announced what it is calling “significant upgrades” to its signature M360 data platform. Following its acquisition of OnApproach earlier this year, Trellance said it has increased product investment, completing four product releases and tripling the number of live clients using the solution.
“The enterprise M360 platform is the enabling engine behind digital transformation and member experience initiatives for credit unions,” the company said.
Faster Data Loads
Trellance said organizations use the company’s solution to integrate multisource data through a structured connector that standardizes data elements. The recent product releases have led to faster data loads and shorter implementations, it added.
“Addressing credit union and member needs through data is an important part of our approach,” said Kurt Schmidt, vice president of information technology at Capital Credit Union. “Data initiatives can be complicated, and Trellance provided interactive training that proved very valuable to our staff. Now that we have our core data in one place with one format, we’re eager to take our analytics program to the next level.”
According to Trellance, CUs are using data flowing through M360 together with predictive models and insights-led analytics, to meet new consumer finance expectations. With nearly 2,000 data fields mapped across the most prevalent core financial processing systems, the company’s patented common data model sets the industry standard. The number of mapped data fields continues to rise with each new product release, the company said.
Accelerated Pace
“Technology has accelerated the maturity of data management practices in the financial services industry,” said Tom Davis, president and CEO of Trellance. “With continued product investment and delivery, the amount of data and the number of clients on the platform have both risen rapidly. We are seeing significant interest among credit unions who view data as an essential part of their growth strategy.”
Trellance said the M360 enhancements are immediately available, with the company adding it expects to increase investments in research and development in the coming year.