Abrigo Gives Community Financial Institutions a Strategic Advantage

   2020-04-24       23        Finance
Rating :
Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions (CFIs).

Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial institutions (CFIs), announced the launch of Abrigo Connect — a reporting and data visualization application that gives CFIs unparalleled access to risk and performance information across their organizations.

Abrigo Connect puts the power of data in the hands of CFI executives by providing users with dashboards, reporting, and custom analytics optimized for CFIs. Pulling in data from Abrigo’s credit and lending, financial crime prevention, and portfolio risk solutions, Abrigo Connect gives executives and management a holistic view of their institution’s financial health, enterprise-level risk, and growth opportunities. It uses best practice data modeling and storage techniques tailored to data that CFIs use every day.

Standard reporting in Abrigo Connect helps CFIs:

  • Identify competitive threats based on the movement of deposits
  • Visualize areas of changing risk in the portfolio
  • Map data to see concentrations of geographic risks or opportunities
  • Plot and compare employee productivity and processes to find efficiencies
  • Allow users to build their own reports to answer key questions for the Board, examiners, and other stakeholders

“The idea of Big Data has been around for a while, but CFIs have largely been unable to leverage it,” says Wayne Roberts, CEO of Abrigo. “Abrigo Connect solves that problem by giving CFI executives a seat at the data table, enabling them to make more real-time and strategic decisions. Today’s current landscape proves institutions need easier access to their data now more than ever.”

In their February 2020 report, AITE Group, explains, “Harnessing data to feed analytics and detection represents a primary pain point for many organizations. Unlocking the power within data requires faster and stronger processing, next-generation technologies, and new data science and expertise.”

For community financial institutions, using the power of data is made more difficult due to smaller teams, fewer IT resources, and limited access to data science skills. Abrigo Connect evens the playing field for CFIs as the platform is designed for them. The Connect application comes with ready reports and dashboards to provide value to financial institutions from day one with no build out required. CFIs can start working in their d


100x100
FinTech Buzz

Fintech has redefined the banking and financial services to the next level. With the regular emerging trends surrounding the fintech arena, it gets difficult for CFO’s and tech-finance people to kee..


Random News

software solution company
software solution company..
   2019-09-10       105        Services
Best Re curve Bow Reviews
Best Re curve Bow Reviews..
   2021-02-03       7        Agriculture
Air Ambulance Service in Mumbai Chennai- Announce the Helpful
Air Ambulance Service in Mumbai Chennai- Anno..
   2019-07-04       111        Health
Cake and Flower Delivery in Allahabad
Cake and Flower Delivery in Allahabad ..
   2020-06-12       21        Agriculture
Sky Air Ambulance from Ranchi and Raipur with Complete Emergency Medical System
Sky Air Ambulance from Ranchi and Raipur with..
   2019-07-19       121        Health
Acoustic Insulation Gold Coast
Acoustic Insulation Gold Coast..
   2020-06-10       48        Agriculture
Buy your own RV with Super deals RV in GA
Buy your own RV with Super deals RV in GA..
   2019-06-24       128        Business
Amarillo's Parkview Realty
Amarillo's Parkview Realty..
   2019-01-03       162        Business
Web Page Design Malaysia
Web Page Design Malaysia..
   2018-10-11       175        News & Media
Welcome to LegendBook
Welcome to LegendBook..
   2019-05-08       141        News & Media
ABOUT US

Some quick example text to build on the card title and make up the bulk of the card's content Some quick example text to build on the card title and make up the bulk of the card's content Some quick example text to build on the card title and make up the bulk of the card's content.

TOP AUTHORS
Thomas Shaw
thomasshaw9688@gmail.com
Total Posts : 11288
KEVIN DELTON
kevin.delton1@gmail.com
Total Posts : 1725