MINNEAPOLIS–OnApproach, a provider of big data and analytics, announced that Maine State Credit Union of Augusta has signed an agreement to implement the OnApproach M360 Enterprise, a data integration and analytics platform for the credit union industry.
"We have been determining how we can best serve our members and help them obtain their financial goals. Utilizing the data solutions provided by OnApproach will make it possible for us to gain a holistic understanding of each member and allow us to provide each with the recommendations and service they deserve,” said Duncan MacKellar, CFO, Maine State Credit Union, in a released statement.
The $376-million Maine State Credit Union, which runs Symitar’s Episys solution through Synergent Corp., said it was looking for a solution to integrate data from multiple sources in support of its efforts to build meaningful member relationships.
“Driven by an increasing number of product offerings and a widening variety of outsourced Application Service Providers and delivery channels (e.g. mobile), credit unions are facing the challenge of exponential data growth,” the company said in a statement. “The ability to integrate disparate data sources in order to capture value from data analytics is crucial and OnApproach M360 Enterprise will enable Maine State Credit Union to compete and thrive in an industry being constantly disrupted by finTech Startups and outside competitors.”
"We are thrilled to have the support of the Management team at Maine State Credit Union in choosing OnApproach M360 as their data integration platform for analytics. M360 is part of a collaborative Analytics Ecosystem that our CUSO is building to make this whole industry stronger. Maine State is a great addition to the OnApproach ecosystem,” said Paul Ablack, CEO, OnApproach.