article thumbnail

Deposit Profitability – The Operating Cost of Your Deposits

South State Correspondent

A couple of weeks ago, we delved into the origination and operating costs of manufacturing commercial loans ( HERE ). However, if you are not, or if you want to get both more accurate and granular, then we turn to the Kohl Analytics Group , whose sole focus is to help financial institutions with profitability.

article thumbnail

6 Key Topics About The Future of Business Analytics

Perficient

It is interesting to know that McKinsey states that there will be a new operating model where Business and IT will massively collaborate and become one in the same. I am outlining 6 topics that will become a key part of analytic product teams in 2021. Analytics Topics to Watch in 2021.

Analytics 322
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 10 New Features in Oracle Analytics Cloud 5.9

Perficient

In the old days of on-premises computing, software companies had to make sure that their software and all up upgrades worked with many operating systems, databases, middleware and security platforms. Oracle Analytics Cloud (OAC) is automatically upgraded every quarter. Top 10 New Features of Oracle Analytics Cloud 5.9

Analytics 322
article thumbnail

Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. One of the most powerful tools in the financial sector is data analytics. Big Data analytics reached a market valuation of $29.87

Analytics 237
article thumbnail

Perficient Included in IDC Market Glance: Lending Digital Transformation Strategies

Perficient

Two-plus years later, banks and credit unions continue to feel the pressure to transform their credit and lending operations. The IDC Market Glance offers an overview of the landscape for consumer and small business digital lending. And for good. A Pathway to Improved Loss Rates and Happier Customers.

Lending 354
article thumbnail

Here Are 15 of the Best Deposit Marketing Campaigns Ranked

South State Correspondent

If you want to grab a material amount of new deposit balance, offer a 5.05% money market rate, post it all over Instagram, and sit back and watch the money roll in. In this article, we will show you 15 proven deposit marketing campaigns that will rack up deposit-gathering wins while building a high-performing bank in the process.

Marketing 195
article thumbnail

How Top-Performing CUs Innovate With Data Analytics

PYMNTS

For credit unions (CUs), data analytics can deliver that insight, helping them to more effectively address their members’ specific needs, and informing CUs of the products and services that can deliver the most effective returns on their investments. percent of CUs that did not focus on data analytics. For example, 91.7 Meanwhile, 80.6

Analytics 150