Minneapolis, MN (December 15, 2016) – OnApproach (www.onapproach.com), the leading provider of Big Data and Analytics for credit unions in the United States, is excited to announce it has entered into a strategic partnership with Celero, a banking application and Information Technology services provider for 125 Canadian credit unions. This partnership will bring advanced data integration and optimization to the Canadian network of credit unions through the OnApproach M360 Data Platform.
“The retail financial services industry is changing, and true enterprise data integration is now a necessity along with business analytics,” said Simon Vincent, Chief Commercial Officer, Celero. “Data analytics is a key component of Celero’s omni-channel strategy for credit unions. We saw the need and demand for an open and agnostic data platform that strengthens data integration from multiple sources and enables predictive analytics capabilities for our credit union clients. We look forward to partnering with OnApproach to bring their revolutionary M360 data platform and ecosystem of integrated solutions to Canada.”
Celero has an impressive record, supporting over 100 different banking applications and operating systems for more than 1.1 million credit union members. The exponential growth of data and delivery channels has created a major challenge for financial institutions. To continue providing credit union clients with innovative solutions designed to enhance member experience and improve business performance, Celero made it a top priority to find a solution capable of integrating data from multiple sources and enable advanced analytics.
“We are thrilled to have the opportunity to work with Celero, another like-minded credit union service organization (CUSO) to advance analytics capabilities for credit unions,” said Paul Ablack, Chief Executive Officer, OnApproach. “Data integration and advanced analytics have become a major pain point, especially for smaller credit unions. By using Celero’s hosting services, we are able to strengthen the industry by reaching 125 new credit unions. We look forward to extending our reach into a new country and providing Canadian credit union members the financial services experience they desire.”
OnApproach is a CUSO that focuses on providing credit unions with the power to use data as a competitive advantage both independently and cooperatively. With OnApproach, credit unions can now harness the value of Big Data/Analytics through integration, advanced reporting, and predictive analytics. This deeper understanding of data allows credit unions to discover vital trends in member behavior, resulting in improved financial performance, reduced risk, and enriched relationships with members.
Austin Wentzlaff, Director of Business Development
(888) 523-6121 Ext. 110
Celero is a leading provider of IT solutions to financial institutions across Canada and is consistently ranked among the world’s top financial technology companies on the annual FinTech Forward Top 100 list. A full-service information technology company, Celero provides complete banking solutions, IT planning, systems integration, hosting, support, maintenance and professional services. Celero meets the unique needs of all financial institutions and delivers world-class reliability through our Canadian-based data centers, employees, and operations. For more information about Celero, visit celero.ca.