The Decision Maker

The Dirty Data Debacle

Posted by Peter Keers, PMP on Aug 26, 2015 3:12:00 PM

Credit unions today are increasingly aware of the mountain of valuable data accumulating in their core and other operational systems. With technology evolving at a rapid pace, opportunities to leverage this data are becoming not only more available but also more affordable than ever before.

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Topics: Big Data, Data Integrity, Data Quality

6 Steps to Develop a Data-Driven Vision

Posted by Nate Wentzlaff on Mar 19, 2015 12:30:00 PM

As an industry in the middle of a massive shift, credit unions must steer in the best direction to enter a prosperous future.

The Financial services industry has traditionally been an industry where change happens gradually at the direction of a few large institutions.  Since the introduction of the internet in the 1990’s, finance has been in a state of exponential change.  The digitalization of money is causing an even more powerful catalyst of change: the proliferation of data at a pace most credit unions cannot fathom.  Consequently, credit unions must form a data-driven vision to act as a strong rudder to navigate through the data storm.

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Topics: Big Data, Data Integration, Data Integrity, Membership, Collaboration, Data Analytics

5 Steps for Making Analytics Work

Posted by Austin Wentzlaff on Feb 16, 2015 11:29:00 AM

Analytics is top-of-mind for many credit union executives. Yet, as with all new technologies, there is a concern that it won’t work.  The concern is well justified.  There are many technologies that promise to make organizations more successful but fail to yield much for the company besides higher cost every month. 

The failure of these technologies isn’t always the fault of the technology itself or the company providing the technology. Rather, it is the failure to properly integrate the new technology into the organization.  In the case of analytics, there are several factors that will make or break the technology.  Here are 5 factors to consider when implementing analytics:

  1. Integrate Analytics Across the Organization
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Topics: Data Integration, Data Integrity, Analytic Data Model, Big Data, Data Analytics

The Foundation of Credit Union Excellence

Posted by Nate Wentzlaff on Feb 9, 2015 12:00:00 PM

In an industry where data is the most valuable asset, data integrity is essential. Building a successful credit union begins with data integrity.

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Topics: Data Integration, Data Integrity, Analytic Data Model