OnApproach launches the CU App Store to drive collaborative analytics for credit unions
MINNEAPOLIS, MN (June 7, 2018) — OnApproach (www.onapproach.com), the only CUSO dedicated to credit union success through a collaborative analytics ecosystem, is excited to announce the launch of the Credit Union App Store (CU App Store). The CU App Store is the online marketplace for credit unions to discover and immediately access applications designed to solve a variety of business problems, and improve data and analytical capabilities for all credit unions.
The CU App Store was developed because it is too often that credit unions must “re-invent the wheel” by building reports and dashboards that are similar across their peer groups. This creates incredible inefficiencies throughout the industry. As a CUSO, OnApproach is determined to help transform the industry and ensure a healthy future for all credit unions. The CU App Store brings together credit unions, CUSOs, and industry vendors to share the time and resource burden required to execute high value reporting and analytics, regardless of technology or core. By utilizing the CU App Store, credit unions have the opportunity to shift their time from report creation to consumption and analysis of useful information.
“The launch of the CU App Store marks a major milestone in OnApproach’s vision for the credit union movement. Data analytics is imperative for the industry, but it has unfortunately proven to be a serious challenge for the majority of the credit unions to gain competency in even the first and most basic steps on the analytics journey. The CU App Store finally makes it fast and easy for credit unions to search and find pre-built solutions for analytical needs. The agnostic marketplace for sharing analytics applications is a big win for the industry, the individual credit unions, and ultimately the communities they serve,” stated Paul Ablack, CEO, OnApproach.
Within the CU App Store, credit unions can access the site and shop for pre-built applications. “Applications” refers to reports, dashboards, or models that cover a range of credit union needs, including categories such as Audit, Channels, Compliance, Deposits, Financials, Investments, Lending, Management, Marketing, Memberships, and Payments. The applications currently available are free to credit unions and compatible with the OnApproach CU Analytics Ecosystem. In addition, credit unions will be able to easily share with or sell to their peers the applications they have built. The site also features applications developed by fintech companies and solutions providers.
To learn more, watch the collaborative analytics video
Visit the CU App Store at http://cuappstore.com/
About OnApproach
OnApproach is the only CUSO dedicated to credit union success through a collaborative analytics ecosystem. By providing a secure and frictionless data experience, OnApproach empowers credit unions to take full control of their own data and their own futures. We exist to serve the credit union movement with technology and expertise required for the digital transformation of the industry business model. OnApproach’s collaborative ecosystem enables communities of users, data scientists, and application developers focused on analytics innovation
