Starved for information, even as they are drowning in a sea of data
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Maintaining data, not managing data
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Industry pressures forcing banks to develop a data management and analytics strategy
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Leveraging information to change business outcomes is not easy
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Lack the staff to design, build, and interpret results of analytics
Lumio’s Banking Insight Platform is a cloud-based data management and analytics service. Our banking insight service provides community-based financial institutions with customized, transformative workflow automation and data to uncover valuable insight. High-value insight allows your institution to make better business decisions and gain a competitive edge.
Eliminate manual processes and reduce errors using data integration and workflow automation services.
Gain understanding from insightful information refreshed daily, along with fractional use of our Insight Experts team.
Act faster as revenue-generating and cost-saving opportunities are presented in almost real-time.
Eliminate manual processes and reduce errors using data integration and workflow automation services.
One-click creation of Loan Portfolio Analysis package for board of directors
Deposits Analysis showing large balance changes with drill-down to details
Listing of loan renewals in next 60 days
Warehouse lending integration with wire transfer system and general ledger to automate manual processes for sending wires and journal entries
Gain understanding from insightful information refreshed daily, along with fractional use of our Insight Experts team.
Branch performance dashboards and reports
Branch stafing optimization using teller transaction analysis
Integrated household segmentation based on demographics, lifestyle behaviors and actual financial behaviors
Customized analysis and creation of
models/dashboards/reports
Embedded profitability calculation engine to help understand profitability at account, customer, product, and organization levels
Customer-level data elements that provide new insight the bank has not been able to understand
previously.
-> Direct Deposit Indicator
-> Primary Bank Indicator
-> Job Change Indicator
-> Considering New Home Indicator
-> Loan with Another Institution Indicator
-> Unhappy Customer Indicator
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Act faster as revenue-generating and cost-saving opportunities are presented in almost real-time.
Daily delivery of cross-sell opportunities
Data quality checks
Insight Feed
Lumio Insight provides more than data analytics and management, we provide skilled on-call data scientists. Our team of experts are poised to help your institution understand and discern value from your data using our integrated collaborative capabilities and custom reporting. Our insight experts and support professionals are like having an instant “out of the box” IT department at your fingertips. With the click of a button, we are here to assist your institution with its insight strategy.
Insight experts and data scientists ready to help.
Custom report building, analysis interpretation services included.
Integrated collaboration capabilities – User to Expert and User to User.
Turn your financial institution into an Insight factory
One-click creation of Loan Portfolio Analysis package for board of directors
Turning information into insight takes more than just technology; we have Insight Experts on-call.
Secure, industry-leading data analytics platform custom-fit to help you Automate, Understand, and Act .
Average time-to-value is less than 30 days.
Lumio Insight is ready when you are. Our applications contain a comprehensive library of analytics content, but you decide when and what to deploy.
Take a phased approach or go all in from day one.
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