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  Business Intelligence Tools for Credit Unions

OpenData™

OpenData™ – Business Intelligence Tools for Today's Credit Unions

Get the Complete Picture of Your Member Relationships

OpenData gives you total access to the data stored in various system applications via powerful data mining tools. The results include comprehensive insight and analysis of:

  • Performance, market conditions and your competitors
  • Member and prospect behavior
  • Product, service and channel usage
  • Return on targeted marketing campaigns
  • Member profitability and bank wallet share

The data within the various systems within your credit union can be transformed into valuable information and leveraged across organizational lines and application systems. Exploiting this data for insight and solutions, such as short-term operations and long-term strategic planning, can result in a stronger bottom line for your credit union. OpenData unlocks your access to this valuable information and also provides a Web-based browser management application that helps you monitor the critical daily extraction and data-loading process with email alerts and notifications generated if errors occur.

Open Technology Built for You

OpenData is an effective tool that can help you manage the wealth of business data
and information you have at your credit union. At the heart of your business intelligence needs are two powerful yet user-friendly options for management reporting and data mining tools to help you retrieve information and format it to suit your needs:

ReportWizard™ — Simplify your ad hoc reporting process with ReportWizard, our enterprise-wide, browser-based query and report writing tool. ReportWizard is integrated with OpenData, cView and Open Solutions' enterprise data platform and is compatible with other application databases including Oracle®, DB2® or SQL Server. The ReportWizard also allows you to simplify views to complex database table designs, effectively collapsing multiple tables into one. You can streamline the publishing of reports by publishing reports directly to the included MyVision Portal and/or print reports, or save them as PDFs.

Livelink ECM - BI Query* — An ad hoc query application enhanced with Open Solutions' custom-built business models, which were developed and refined based on extensive banking experience and feedback from our clients. Using this application, you can quickly access your credit union's "most-wanted" data and create meaningful, eye-catching reports with ease. This flexible and powerful application easily connects to OpenData
and can connect to any open database compliant (ODBC) system, yet remains a user-friendly data analysis solution. Livelink ECM's maximum compatibility means you can access data outside the data warehouse, in relational databases on different operating
systems, as well as from your core processing system.

*Product of Open Text

Benefits

  • Easier Access to Member Data
  • Access to More Data
  • Managed Data Extraction Definitions
  • Central Data Source to Bring in Additional Data

The Knowledge to Make Sound Business Decisions

OpenData is the best business intelligence solution for managing information and putting it to work. If your credit union has lots of data — data you can't currently transform into business information and leverage for better operational and strategic decision making — you're ready for OpenData. Let Open Solutions enhance your credit union's business performance by improving the way it manages information.

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