Industries
Data Preparation For Community and Regional Banks

Streamline month-end closes and improve forecasting with automated reconciliation

Daily processes, like core system reconciliation, ATM and cash transaction reconciliations and exception reporting are manual, inefficient and rife with opportunity for human errors. Automating the reconciliation process reduces inaccuracies, saves time, streamlines exception identification, eliminates repetitive work and accelerates delivery of accurate forecasts.

Easily access and extract data from legacy core banking system reports

Critical data from core banking systems like Fiserv, FIS, Oracle, SAP and Hyland is often locked away in legacy formats, requiring manual re-keying, or reliance on IT to write and maintain extraction code. Datawatch offers pre-built models to instantly convert the previously unusable data into rows and columns. Automated blending and reconciliation with other data sources generates a real-time view of financial performance across the bank.

Easily access and extract data from legacy core banking system reports

Critical data from core banking systems like Fiserv, FIS, Oracle, SAP and Hyland is often locked away in legacy formats, requiring manual re-keying, or reliance on IT to write and maintain extraction code. Datawatch offers pre-built models to instantly convert the previously unusable data into rows and columns. Automated blending and reconciliation with other data sources generates a real-time view of financial performance across the bank.

Optimize loan and mortgage servicing

The massive reports generated by mortgage servicing platforms are burdensome to store and manage. It can be challenging to properly fit them into your reporting and analytics strategy. This leads to slow reporting and a backlog in mortgage servicing for clients, causing frustration and dissatisfaction. Datawatch offers a seamless process for extracting, manipulating and reporting on loan and mortgage activity. Faster reporting ultimately leads to better servicing and customer-satisfaction.

Mortgage Data Suite

Our banking customers also use us for:

  • Fraud detection and prevention
  • Eliminating repetitive Excel, Access and SQL processes
  • Accelerating Excel Analytics
  • Automating core system migrations
  • Analyzing ACH and Debit reports for more effective marketing
  • ATM terminal activity analysis
  • Analyzing the full view of member relationships

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