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On Finovate.com
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Community banking and marketing services company Kasasa has cut a deal with enterprise software firm MicroStrategy. Under the agreement Kasasa will integrate MicroStrategy 10 into its business intelligence platform, Insight.
Kasasa’s Insight is a data-backed analytics solution that offers community banking clients product and marketing performance awareness, and helps them better understand consumer portfolios and market conditions. MicroStrategy 10 brings to the table a suite of research and adjustable product marketing tools to drive customer engagement at different levels.
Michael Saylor, CEO of MicroStrategy said, “This integration allows financial institutions to have a single version of the truth that provides the insight needed to identify new opportunities and drive profitability.”
“Delivering the most practical and impactful insights to our clients is a top priority,” said Gabe Krajicek, CEO of Kasasa. “Our goal is to help community institutions build stronger relationships with their customers so they can win new business and better serve their existing customers. MicroStrategy provides Kasasa Insights with a critical competitive edge to help us accomplish our goals.”
Kasasa selected MicroStrategy for its new adaptive layout capabilities and its bootstrap framework. These elements will help Kasasa’s developers easily update the design across multiple devices. Speaking about a specific implementation of Insight, Krajicek said, “Our analytics platform now allows us to see the entire consumer base of the fifth-largest banking network in the country. We can extract actionable insights from large amounts of consumer data to increase the profitability of their customers.”
Kasasa was founded in 2003 when it launched its flagship REWARDChecking account to help community financial institutions compete against big banks. Since then, the company has expanded to 350 employees and now offers a full suite of branded bank products. Kasasa debuted at FinovateFall 2009 under BancVue, which was founded in 2003, and created a premium, national consumer brand for the BancVue product offering – Kasasa – which launched in 2009. Kasasa will present its newest technology at FinovateSpring next month. To check it out, register before April 27 and save.
Founded in 1989, MicroStrategy demoed a mobile identity network at FinovateSpring 2013. The company went public in 1998 and the latest release of its business intelligence platform, MicroStrategy 10, was released in 2016.
On Finovate.com
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This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
On Finovate.com
Around the web
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.
eMoney Advisor, MicroStrategy, Yseop. What do these three companies have in common? In addition to being Finovate alums, all three were recognized by MyPrivateBanking Research as “leading vendors” in the field of digital solution providers for wealth managers and financial advisers.
The three companies join 12 others in MyPrivateBanking Research’s latest report “Digital and Mobile Solutions for Financial Advisers 2015”. The report focuses on innovations and technical contributions to the wealth management industry that take the form of “mobile apps, digital communications, and analytical and social media solutions.”
Swiss-based MyPrivateBanking Research has for over a decade provided analysis on how financial services companies use the Internet, social media, and mobile to engage customers. The judging process for the report included looking at 45 different potential features for mobile apps, 15 factors in assessing digital communications technology, and eight features for social media solutions. The report includes analysis of each company and its technology, as well as “individual recommendations for each vendor on how to improve its offerings.”
From the report’s executive summary:
We see that traditional wealth managers cannot defend their business model against robo-advisers and other digital do-it-yourself tools by merely pointing out that their advisers offer a ‘human touch’ and specific banking know-how. They need to reinvent their business model from the ground up in order to arrive in the 21st century.
eMoney Advisor was highlighted in the report in the mobile app category. eMoney Advisor made its Finovate debut at FinovateFall 2014, introducing a “reboot” of its wealth-planning system for financial advisers, EMX. The company was founded in 2000, and is headquartered in Conshohocken, Pennsylvania. Last month, eMoney Advisor announced that it had been acquired by Fidelity Investments for $250 million. Read our Finovate Debut post for eMoney Advisor.
Founded in 1989 and based in Tyson’s Corner, Virginia, MicroStrategy specializes in enterprise software. The company’s solutions range from its Business Intelligence (BI) platform to its Mobile Platform and Applications to Usher, the mobile identity network MicroStrategy unveiled at its Finovate appearance in San Francisco in the spring of 2013. Like eMoney Advisor, MicroStrategy was also recognized by MyPrivateBanking Research for its mobile app development platform.
Yseop may seem an unlikely member of this trio; however, the company distinguished itself as a resource for financial managers in the “analytics, natural language generation and other solutions” category. An innovator in the field of putting artificial intelligence to use to support business operations, Yseop has developed technologies like Yseop Sales Force Productivity Suite (demoed at FinovateSpring 2014) and Yseop Financial Suite (demoed at FinovateFall 2013). The company was founded in 2008, and is headquartered in both Dallas, Texas, and Lyon, France. John Rauscher is CEO.
Also noted in the report were Finovate alums Crealogix (mobile apps), Temenos (mobile apps), and Narrative Science (analytics, natural language generation, and other solutions).