Saggezza Inc., a company that offers advanced analytic solutions to the financial services industry, has offered its TruVantage product to Standard Bank and Trust Company (SBTC).
TruVantage collects and computes data from loan origination, general ledger and other sources, generating insights that may not otherwise be visible. This leads to more informed business decisions.
“In order to continue providing first-class services and products and to keep pace with our clients’ evolving needs, we recognized the importance to enhance the way we interact and communicate with our clients,” Matthew Dana, executive vice president of consumer banking at Standard Bank and Trust Company, said. “We chose Saggezza’s TruVantage for its powerful analytics tool that will enable our institution to transform our operating model, continuously improve client experiences and resources, and ultimately grow our business.”
With TruVantage, Standard Bank & Trust can develop product-based insights, identify high performing initiatives and develop best practices in as little as two months.
“In today’s increasingly competitive and diverse industry, financial institutions need advanced analytics to adapt to change and drive profitability,” Steven Simpson, senior vice president of financial institution solutions at Saggezza, said. “Standard Bank & Trust recognizes these challenges and took action by adopting the advanced analytics imperative. We look forward to working with Standard Bank & Trust and seeing their institution gain significant benefit from using TruVantage.”
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