Saskatchewan-based Synergy Credit Union is the latest to choose Celero and BankBI to deliver a performance management solution that will enable them to measure, monitor and manage their overall financial performance.
Using data from their Fiserv DNA core banking system, BankBI will provide automated reporting for Synergy that help them better understand their current financial performance, make decisions that enable business growth and streamline regulatory reporting requirements.
“The advantages of automating access to our data goes well beyond just driving better financial performance for Synergy – it’s highly impactful to our members, as they are also our owners and derive benefits from our success. The BankBI-Celero solution will provide that deeper level of insight into our performance, ultimately enabling us to make future-forward decisions that mutually benefit us, our members and our community,” says Christine Tucker, Chief Financial Officer, Synergy Credit Union.
Comprehensive solution includes automated regulatory reporting
As a solutions provider, Celero is connecting Synergy’s core banking system to the BankBI solution, which enables insights to flow daily to Synergy’s executive and financial teams to improve their understanding of their organization’s overall performance.
“For credit unions to successfully respond to changes in the ever-evolving financial services landscape, they need reliable, streamlined, data-driven actionable intelligence. Our collaboration with BankBI enables credit unions to have direct access to insights from their own internal systems to make the most informed decisions about their business and financial strategies and continuously monitor their progress,” says Colin Thrasher, Vice President, Digital Banking and Fintech, Celero.
One of the key factors in Synergy’s choice of BankBI and Celero was BankBI’s Regulatory Reporting Solution, which automates the process of aggregating data from different sources to meet ever-changing regulatory requirements for reporting.
“Data integrity is critical in financial and regulatory reporting processes; our solution mitigates the potential for human error and automates the repeatable processes in the data management, ensuring that financial institutions like Synergy can streamline their reporting to meet current and future regulatory requirements, on time and with confidence,” says Graham Goble, CEO, BankBI.
Talk to Celero and BankBI
Get the tools you need to power your financial performance. BankBI and Celero can help your business stay ahead of technology trends, ensuring you can make informed, data-driven decisions based on actionable insights driven by your core banking and general ledger systems.
Celero and BankBI are hosting demos for interested credit unions. Contact your account executive or reach Celero here to set up a demo.