OnApproach (www.onapproach.com), the leading provider of Big Data and Analytics for credit unions, is excited to announce the winner of the 2017 Analytics Best Practices Competition, hosted at the Analytics and Financial Innovation (AXFI) Conference.
The AXFI Analytics Best Practices Competition provides a forum for credit unions to share analytics practices and work product ideas so the entire industry can benefit from the innovation and collaboration in the credit union movement. At the 2017 Analytics and Financial Innovation Conference, three finalists were selected to showcase their hottest reporting, dashboarding, and/or analytics work products in the Analytics Best Practices Competition.
The three finalists that presented their work at the 2017 Analytics and Financial Innovation Conference were: OneAZ Credit Union, Our Community Credit Union (OCCU), and Partners Federal Credit Union (PFCU).
Of the three finalists that presented, Partners Federal Credit Union’s Decision Summary Dashboard was selected by the panel of judges, comprised of industry experts, as the winner of the competition. Ben Fox, Assistant Vice President, Business Intelligence at Partners FCU presented the Decision Summary Dashboard . The dashboard highlights the decisioning phase of the application lifecycle and the conversion rate into funded loans. As a result of this work, Partners FCU is able to create value for members, improve the financial performance of the organization, enable the creation of innovative products, and discover new marketing opportunities.
Ben Fox, stated, “Partners Federal Credit Union is happy to have had the opportunity to share our analytics work with so many other credit unions, and proud to be awarded the winner of the AXFI Analytics Best Practices Competition. I believe this effort demonstrates to other credit unions that a commitment to a data-driven culture can and will allow other organizations to benefit from data-rich insights. Additionally, the emphasis on cultural and behavioral shifts with regards to data programs will set the stage for any technology to be a successful one.”