BIRMINGHAM, Alabama–(BUSINESS WIRE)–Quantalytix, the provider of cloud-based enterprise banking management (EBM) software for community financial institutions, today announced the availability of its loan portfolio management platform for community financial institutions. The brainchild of two former community bankers, the platform breaks down legacy silos, turns data into actionable insights, and equips institutions with powerful real-time intelligence enabling institutions to increase operational efficiency, manage more effectively risks and significantly improve the overall customer experience.
To hear a message from Quantalytix founders, Chris Aliotta and Will Bryant, click HERE.
Quantalytix co-founder and CEO Chris Aliotta said, “Everyone claims to have a dashboard that works, but the reality is that dashboards don’t come one size fits all. We work with each of our clients to determine their unique needs and circumstances and together develop a strategy and solution that matches their specific goals.
The Loan Portfolio Management Platform, a component of Quantalytix’s Enterprise Bank Management software, compiles and aggregates financial institution performance metrics, enabling management to quickly monitor efficiency, identify issues and opportunities and effectively plan for growth. Information can be closed to allow different levels of management to see only what is related to their specific roles and responsibilities. More than just a dashboard, it offers users the ability to drill down into details as needed.
The cloud-based platform is designed to:
Align an institution’s data strategy with how they want to manage their institution;
Leverage trusted real-time data that delivers actionable insights;
Effectively manage loan portfolios;
Reduce risk, enabling smarter decisions across the organization; and
Serve as the single source of truth for loan portfolio reporting, analysis and profitability.
“Other players in the data analytics industry have spent years developing tools that are still slower and less useful than what Quantalytix was able to develop in a few months,” said Bill Chudy, former VP Executive Chairman of Corporate Strategy at Parkside Lending. “The Quantalytix team was extremely collaborative in the process, ensuring the end product would be optimal for our needs. We used this data to identify market share, conduct competitive analysis, manage risk and price our products The data tool they built remains the best tool I have used in this category and has allowed us to price risk for our REIT acquisition strategy, develop presentations for financial partners to articulate our strategies and develop prepayment models, recruitment and retention strategies, and dashboards.”
Quantalytix’s platform streamlines the ever-increasing amount of data that financial institutions manage in a simple and sophisticated way, integrates seamlessly with existing systems, and incorporates quality assurance checks and automation to ensure both integrity and quality while saving users time. In addition, financial institutions retain ownership of their data.
Robb Gaynor, founder of Austin, Texas-based agency Contrarian, said, “Advanced analytics is quickly becoming a buzzword in banking, and I think everyone recognizes that data will play a big role. critical role in determining which institutions are positioned for success.Ironically, data is one of the most valuable assets of a community bank or credit union, but unfortunately, it is also one of the most The Quantalytix team understands this frustration firsthand, as former bankers, and has developed a modern, easy-to-use platform that will allow any institution, regardless of size or available resources , to compete more effectively against the biggest players in the space, while maintaining an engaging customer experience.
Quantalytix co-founder and COO Will Bryant said, “Reporting is the foundation, anyone can build a dashboard. To truly add value and monetize data, the key is to translate that insight into actionable tactics that propel the institution forward, delivering an edge over the competition. We left our old banking jobs to launch Quantalytix to fill that void and truly partner with banks and credit unions. By leveraging their data, we excel at not only delivering reports, which are a means to an end, but helping clients translate that into all the different levers they can pull to ensure their future success. .
Based in Birmingham, Alabama, Quantalytix was founded by two former bankers who recognized a void in today’s market. In response, the company launched a cloud-based loan portfolio management platform that provides community financial institutions with actionable insights and key loan portfolio drivers through rich, interactive dashboards. The platform seamlessly integrates with existing business systems, automatically aggregates data and provides real-time views of performance to enable more efficient operations, improve customer experience, drive profitability and increase productivity .
Working with traditional and non-traditional lenders, over $7 billion in lending volume is currently managed on the Quantalytix platform. The platform is SOC2 Type 1 compliant and includes built-in quality assurance checks and sophisticated security features to ensure the highest levels of data integrity.
For more information about Quantalytix, visit www.Quantalytix.com.
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