Trellance heads to the cloud with latest data analytics capabilities
Leading provider of data solutions introduces several cloud-based product enhancements to its signature M360 data analytics platform while achieving new growth milestones
TAMPA, FL (October 7, 2020) — Trellance, a leading provider of data analytics, business intelligence and professional services, today unveiled a new set of powerful cloud-based enhancements to its patented M360 data analytics platform. The new capabilities form another substantial product update and complement several major capabilities released throughout 2020, which has been an active year of software development and deployment.
The company announced the availability of new cloud capabilities that not only allow financial institutions to access data-centered insights more quickly but also serve as the platform for scientific data modeling, comparative financial industry benchmarks and more predictive insights. The cloud version of Trellance M360 offers the same common data model as its on-premise solution including many of the core and ancillary connectors that are most widely used in the market today.
As Trellance has signed several key analytics deals and extended its market leadership throughout 2020, the size of client assets on the M360 platform has increased by 32 percent since the start of the year. More than $85 billion of assets are now represented throughout the Trellance analytics client base.
“The new data analytics capabilities deliver the large-scale cloud experience that has been missing in the credit union market,” shared Jeff Redding, Chief Technical Product Officer of Trellance. “The product capabilities and the pace of our delivery, combined with the size of the client base and the amount of assets represented on the platform, place Trellance in the trusted position of market-leader.”
With pre-built data visualization dashboards, the new cloud version of Trellance M360 provides rich insights into members, consumers, branches, tellers, loan portfolio analysis and organizational operations. Trellance M360 now offers cloud, on-premise and hybrid capabilities that address the breadth of unique client needs.
Developed with proprietary software, supported by PCI-compliant storage and transmission software vendors, the cloud version of Trellance M360 is built to meet the security needs of today’s financial institution. The cloud capabilities provide encryption and data protection protocols; they also include a distinguishing feature that can be described as a “trust filter.” The filter allows clients visibility of data moving in and out of the cloud and provides an extra layer of validation and control.
The new features provide an opportunity for clients to benefit from faster implementations, easier software updates and lower total cost of ownership. Additional enhancements to the current cloud feature set will be continuously released in successive months.
Trellance invites interested credit unions to try the cloud capabilities firsthand, with no upfront costs. Contact email@example.com to learn more about the commercial offer.
The new Trellance cloud capabilities add to the company’s patented M360 data analytics platform, IronSafe data extraction solution and managed services that include member credit line increases, card portfolio growth solutions, new account acquisition program and invoice audits. Credit unions can view the new M360 capabilities by visiting the Trellance website.
Trellance is the leading provider of data and business intelligence solutions for credit unions and community banks. The company’s solutions and services, together with the patented common data model of its signature M360 product, are used by financial institutions to find actionable insights, improve customer experience and achieve portfolio growth. Founded in 1989, Trellance is headquartered in Tampa, Fla. and serves more than 1,500 organizations throughout the United States.