“Lehman’s” Terms is an ongoing blog series reviewing the basics of data management and technology systems to provide an introduction or definition to those who may be new to some of the concepts covered. Written by Bill Lehman, this series will cover topics such as the cloud, machine learning, metadata, and more. The cloud was
The following is an article written by Trellance’s President and CEO, Tom Davis. The article originally appeared on CUInsight.com 2023 began on an already shifting financial landscape, with rates higher than they’ve been in decades and talk of a potential recession. As the 2023 financial trends begin to emerge, credit unions need to be prepared
The following is an article written by Trellance’s Vice President of Professional Services, Dan Price. With the end of 2022 behind us, financial institutions are making predictions about economic conditions as they prepare their financial statement estimates for their annual reports. The CECL reserve is one of the most significant estimates a financial institution will
The following is an article written by Trellance’s Associate Vice President of Data Consulting, Merrill Albert. The article originally appeared on CUInsight.com Dashboards are an important tool for uncovering potential data quality issues. Data quality is a key issue for most organizations today that rely on data to understand customer behavior, dissect trends, and make
The following is an article written by Trellance’s Vice President of Professional Services, Suchit Shah. The article originally appeared on CUInsight.com The year 2025 is not far off, and yet that’s when consulting firm McKinsey predicts that in the business world, employees will use data to optimize nearly every aspect of their work. Credit unions, too, are
As economic uncertainty continues, credit union members are paying more acute attention to their financial situation. They are increasingly attuned to which financial products make the best sense for them – and so should the credit unions. Gaining the insights needed to remain closely aligned with members’ needs begins with two fundamental questions: Who are
The following is an article written by Trellance’s Chief Technology Officer, Doug Vanderpool. The article originally appeared on CUManagement.com. On Sept. 27, under mandatory evacuation orders from the impending Hurricane Ian, we shut down our Tampa offices while employees redeployed to safer locations. We were concerned for our employees, our physical offices, and the Tampa
The following is an article written by Trellance’s Chief Sales Officer, Patrick McElhenie. The article originally appeared on CUInsight.com. The journey to becoming data-driven will look different for each credit union, but the driving intention is often the same. It’s a near-universal desire of credit unions to make well-informed decisions that create loyalty-building member service
Authored by: Keith Beck (Symitar Business Analyst) and Robin Hess (Lead Symitar/Data Analyst) Q4 is here, and it is already a busy time for credit unions. For those using Symitar platform, end of year brings a host of additional time sensitive challenges. We have broken down three key things Symitar users should do before the
You now have more information at hand about your credit union than ever before. But are you using it to “out-think” your rivals? If not, you may be missing out on a potent competitive tool.
This blog will:
