Independent Banker - May 2020 - 60

Partnering
for success
In the best of times and the worst of times,
data is the key
Helping the community and delivering personalized service
is the foundation of every community bank-it is what
sets you apart. Regardless of whether you are navigating
through today's COVID-19 crisis or you are enjoying the best
of times, the key to success now and in the future is data.
As veteran community bankers, we understand that your
challenge is not a lack of data-you have a treasure trove of
data about your customers. Your challenge is being able to
easily turn that data into actionable insights that drive your
ability to serve your community, manage risks, streamline
operations, grow revenue and ultimately compete with the
megabanks.
that resides in your core and ancillary siloed systems. This
data empowers your frontline bankers to make data-driven
decisions by improving insight into the components that
affect loan, deposit and revenue growth. Additionally,
KlariVis creates organizational efficiencies that allow you
to focus on strategic decision-making, not managing
cumbersome data and reporting processes.
The problem:
* Disparate core and ancillary systems
* Fragmented financial and customer information
* Labor-intensive report writing
* Lead generation for cross-sell opportunities is virtually
non-existent
* Timeliness of actionable information is limited to internal
capacity of report writer(s)
* Data inconsistency and lack of integrity
The solution (KlariVis):
* Compiles and aggregates previously disparate data points
from siloed applications
* Has an attractive interface that transforms cumbersome
traditional reports into an interactive visual experience
* Provides critical actionable insights to increase revenue,
streamline operations and manage risk
* Is core and system agnostic
* Is easy to deploy
* Requires limited internal client resources
Your customers are communicating with you every day
through their transactions, whether they are done on their
phones, in person or online, and each interaction is telling
a story. But are you listening to your customers' stories? Are
you able to act if needed? Are you able to easily monitor
specific early warning indicators that allow you to act
proactively based upon a customer's behavior, such as a
missed direct payroll deposit?
Created by bankers, for bankers, KlariVis enables employees
at all levels of your bank to efficiently access the massive
amounts of customer, market, product and service data
A defining differentiator, KlariVis provides a line-of-sight
view into key data elements on visualizations that are easy
to navigate and interpret to provide users with immediate,
actionable insights. " The ability to see multidimensional
reports on one page in KlariVis is so hard to fathom, you
have to see it to really understand the impact a tool like this
will have on your bank, " says Lynn Johnson, EVP and COO
of Select Bank & Trust. With KlariVis, you now have the
capability to get the right data in the right hands at the right
time to make the right decisions for your bank.
(540) 206-3734 / info@klarivis.com / klarivis.com
http://www.klarivis.com
Independent Banker - May 2020

Table of Contents for the Digital Edition of Independent Banker - May 2020
