Resource Data

Cinchy launches data release solution for credit unions

LAS VEGAS–(BUSINESS WIRE)–CUNA TECH CONFERENCE – Cinchy, the data software pioneer that reduces organizational complexity by liberating data, today launched a solution to help credit unions maximize limited resources, reduce operational and project costs, and optimize members’ experience.

Credit unions are constrained by their core banking systems and a growing collection of SaaS and on-premises applications that trap and silo their data. This issue severely limits the ability to use this data to improve member service offerings and improve operational efficiency.

The Credit Union Edition of the Cinchy Dataware platform was specifically designed to enable credit unions to extend the life of existing core systems and avoid the pitfalls of rip and replace approaches. The new solution offers a turnkey configuration to quickly release data in several ways:

  • Free to be connected with real-time data from core banking systems and applications without the cost, delay, and risk of copy-based data integration
  • Free to be controlled with data “superpowers” ​​including automatic versioning, automatic backup, automatic protection, automatic correction and automatic tracking
  • Free to be accessible by an unlimited number of users for instant collaboration without the friction of vendor paywalls, IT demands or any data privacy breaches

“In an uncertain economic climate, credit unions can no longer tolerate the growing complexity of data integration,” said Bob Morgan, Chief Information Officer, PrimeWay Federal Credit Union. “With this solution, we’re working with Cinchy to free up our data, reduce the cost of change, and become even more responsive to our members’ needs.”

Cinchy Dataware Platform Credit Union Edition

The new solution was launched to meet the specific needs of credit union organizations and quickly introduce the benefits of data release with the following pre-built features:

  • Data releasers that unlock data from major banking systems, applications, and spreadsheets, forming a data network that supports real-time collaboration
  • Control framework that simplifies and universalizes data access controls and provides assured data governance
  • Solutions that provide information to members, including 360 views, leveraging data released from unlimited sources

“At Cinchy, our goal is to save organizations money by freeing up and controlling their data in ways that weren’t possible before,” said Dan DeMers, CEO of Cinchy. “Today we are making it a reality for credit unions with the introduction of Cinchy Dataware Platform Credit Union Edition.”

Start your data release

Visit our website for more information and to watch a video of the new Credit Union edition: cinchy.com/cuna2022

About Cinchy

Cinchy provides the world’s first comprehensive data platform that leverages an operational data fabric to free data from applications and other silos and connect it together in an accessible data network. Leading organizations such as TD Bank, Colliers International, AIS and Natixis are using data software technology to gain agility to eliminate integration, reduce the time and cost of creating new applications, establish guaranteed data access controls and enable effortless collaboration on quality data across the organization. The company was named Deloitte Technology Fast 50 Company to Watch, a “Top Pick” at TechCrunch Disrupt and a Top Growing Canadian Company by The Globe and Mail. Visit: https://cinchy.com