KlariVis has empowered community financial institutions to make more strategic and better-informed decisions by uncovering and providing access to their transformative data. It provides advanced report capabilities.
FREMONT, CA: Unique and proprietary data analytics software platform, KlariVis, announced that Rosedale Federal Savings & Loan Association had selected KlariVis for their data analytics platform. KlariVis is known for compiling and aggregating high-value, actionable data that provides community banks timely insights into factors driving loan, deposit, and revenue growth. It enhances transparency into sales and marketing efforts and increases a bank’s ability to cross-sell the most profitable products effectively. Rosedale Federal is headquartered in Baltimore and has assets worth USD 1 billion, operating from 9 branches.
Rosedale Federal’s President and CEO, Kevin Benson, stated that the bank was searching for a data analytics platform that can support short-term and long-term goals streamlined with the organization’s strategic initiative to leverage data to drive the bank’s decisions. “Like many community banks, Rosedale Federal’s challenge was not lack of data, in fact, the bank has a plethora of information in multiple systems across the organization,” Benson stated. “Unfortunately, because the systems are siloed and disparate, we are not able to fully leverage this data in a meaningful manner. We were seeking a solution that would provide efficient access to data and would help us better understand customer needs, market trends and drive our decisions.”
KlariVis has empowered community financial institutions to make more strategic and better-informed decisions by uncovering and providing access to their transformative data. It provides advanced report capabilities. The platform offers a unique, holistic view of the entire organization. This includes the relevant product, market, branch, officer, and customer information in an easy to digest multidimensional view.“We initially met with the KlariVis team at the ICBA Live conference in March,” Benson said. “We were very impressed, but still spent several months examining what we thought were competitive solutions to ensure we selected the best platform for our needs. What we discovered was that KlariVis is the only platform that provides the powerful data science and visualization tools we were seeking, and also focuses exclusively on community banks. We actually could not identify a true competitor in the market.”