CARMEL, Ind.–Allied Solutions, a provider of insurance, lending and marketing products, said it has made an investment in OnApproach, a CUSO that provides data analytics solutions to credit unions.
“While there is much discussion in the industry and the media about Big Data, analytics, and intelligence, it really comes down to how can credit unions can leverage their vast data to better serve their members and more effectively manage their organization,” said Pete Hilger, CEO of Allied Solutions. “We are excited about the market interest and traction OnApproach is achieving and proud to be a part of the innovative model OnApproach is championing with credit union investors and customers alike. Customers using the OnApproach platform are producing real bottom line results which aligns with Allied Solutions’ mission to help our clients be successful. With this investment in OnApproach, Allied Solutions can deliver truly collaborative analytics to the credit union movement to help organizations more easily and cost effectively make sense of all their data, share best practices, and obtain insights never available to them before.”
Added Paul Ablack, CEO of OnApproach, “It is wonderful to have such support from our partner, Allied Solutions. Allied Solutions provides highly valuable services to the credit union industry. With that, they are a unique solutions provider as they work to empower credit unions to leverage valuable member data without having to relinquish the credit unions’ ownership of this data. Credit unions should not be forced to release their data to be monetized by other companies. Allied Solutions’ vision for the future of the credit union movement is very well-aligned with OnApproach’s mission, and this investment is a firm step in the direction we are taking together to revolutionize the credit union industry.”