Saggezza Announces Client Partnership with Standard Bank & Trust Company

Advanced analytics innovator for financial institutions, Saggezza, becomes first-choice implementation partner.

Chicago, IL, April 19, 2016 –Saggezza, Inc., an industry expert in providing advanced analytic solutions to the financial services industry, announced today plans to implement its TruVantage™ product at Standard Bank and Trust Company. TruVantage™ offers an end-to-end advanced analytics solution platform, providing revolutionary perspective for decision makers at financial institutions. By collecting and computing data from loan origination, general ledger, and other core sources, TruVantage™ generates compelling insight not intuitively visible. Enhanced by Saggezza’s embedded data scientists, TruVantage™ powers more informed business decisions and a greater competitive advantage.

“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,” says Matthew Dana, Executive Vice President – Consumer Banking at Standard Bank and Trust Company. “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 now has the ability to:

  • Quickly develop product-based, actionable insight
  • Drive revenue and retention by maximizing up-sell and cross-sell
  • Identify the highest-performing initiatives and develop best-practices
  • Leverage the experience of an embedded Data Scientist Consultant
  • Gain institution-wide business perspective
  • Quickly adapt, with deployments ready to generate insight in as little as 120 days

“In today’s increasingly competitive and diverse industry, financial institutions need advanced analytics to adapt to change and drive profitability,” says Reggie Beason, Sales Director at Saggezza.  “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.”

 

About Standard Bank & Trust Company

Established in 1947, Standard Bank and Trust Company offers customer-centered banking services to communities and neighborhoods throughout Illinois and northwest Indiana. We pride ourselves in making the important connection between local banking resources and the growth of local businesses. Today, we are more committed than ever to promoting the value and stability of the communities we call home.

 

About Saggezza

Saggezza is a global solutions provider with deep links and insights into the technologies shaping the next generation of business. Our proprietary, highly configurable analytics products inspire and enable financial institutions to unlock the power of their customer data. The result: An increased understanding of your customers and members that empowers informed decisions and greater revenue generation. We have offices in North America, Europe and Asia. Visit us at: www.TruVantage.com.

TruVantage and Saggezza are trademarks of Saggezza, Inc.

To find out more about how financial institutions can compete with data analytics download our latest whitepaper here.