Birmingham-based tech company Quantalytix has launched a new software intended for community financial institutions.
The company, which provides cloud-based enterprise bank management (EBM) software, has made available its loan portfolio management platform for community financial institutions. According to Quantalytix, it is the brainchild of two former community bankers.
“Everyone claims to have a dashboard that works, but the reality is dashboards aren’t one size fits all,” said Chris Aliotta, CEO and founder of Quantalytix. “We work with each of our customers to determine their unique needs and situation and together, develop a strategy and solution that fits their specific objectives.”
The platform is a component of Quantalytix’s EBM software, which compiles and aggregates performance metrics of the financial institution, enabling its management to quickly monitor efficiencies, identify problems and opportunities and effectively plan for growth. Information can be gated to allow different levels of management to see only what is related to their specific roles and responsibilities.
“Reporting is the baseline, anyone can develop a dashboard. To truly add value and monetize the data the key is translating that intel into actionable tactics that propel the institution forward, providing an edge over the competition,” said Quantalytix Co-founder and COO Will Bryant. “We left our former jobs at banks to launch Quantalytix to fill this void and truly partner with banks and credit unions. By leveraging their data we excel at not only providing the reporting, which is a means to an end but also helping clients translate that to all the different levers they can pull to ensure future success.”
