Allegacy FCU taps enterprise tech provider NCR for data analytics solution
Enterprise tech provider NCR Corporation has been selected by Allegacy Federal Credit Union (FCU) to support its transition to a data-driven organisation.
The North Carolina-based credit union will leverage NCR and Google Cloud’s warehousing and data analytics solution to harmonise its disparate data sources, providing the organisation with a dashboard that will assist leadership in making strategic decisions.
NCR president and general manager of digital banking, Doug Brown, says: “By joining forces with NCR and Google Cloud, Allegacy FCU is taking the steps necessary to make data actionable, unlock predictive insights and drive innovation.”
Allegacy FCU will also be able to use the data to give members insights into how to achieve savings goals, boost their credit scores, develop spending plans and improve their overall financial wellbeing.
Allegacy FCU president and CEO Cathy Pace says: “We had a wealth of data available across the credit union, but it was previously siloed and largely unactionable.”
Pace says the partnership with NCR and Google Cloud will “ultimately result in smarter business decisions, more personalised member experiences, and the ability to nimbly adapt as the market changes”.
Zac Maufe, head of retail banking at Google Cloud, says: “By leveraging cloud technology and analytics, Allegacy FCU will be able to extract intelligent insights that will help propel their business forward.”
Allegacy is one of the largest credit unions in North Carolina with more than 166,000 members worldwide, $2 billion in assets and more than $1.6 billion in assets under management.