Don’t know about Finovate? Never heard of it? For shame!
This is an awesome place where some of the coolest people come together to talk all about their brand new ideas and technologies for financial services. The awesome format of this event keeps it fresh and interesting all the way through with each presenter only getting a 7 minute slot before a rather loud gong ushers them from the stage. I have a feeling that I should have a gong for other things in life to indicate their time is up… Anyway, I digress….
Here are my top 3 favourites from today, expect more tomorrow:
“Too many graphs!”
Yseop is a clever little piece of software, so clever I’m convinced that there must be a wizard hiding in it somewhere. Alas, I have been assured there isn’t. So, what is it? Yseop is a piece of software which will analyse your data and essentially write your exec summary / monthly report for you in a quick and digestible fashion. Ever had your boss tell you that you have too many graphs?! Well, a thing of a past with Yseop. The ability of this software to simplify and deliver information in bite-sized chunks means that you can provide information and data to your organisation that everyone can understand as well as ensure that your busy ‘on the go CEO’ can still digest everything you want to tell them. More than this, Yseop also allows tellers to run similar reports on members, meaning that your teller (at the click of a button) can have a complete summary of the member in front of them without trawling through data. Now, that’s cool. Right?
“Another budgeting and money management app, joy.”
Joy indeed! Toshl finance provide us with nothing completely revolutionary, however, what they do provide us with is entertainment and engagement. This cool little app from the genuinely hilarious people at Toshl makes budgeting and expense tracking slick, easy and actually – fun. And isn’t that what we need? Some fun in our financial lives? So why is this important for you? Well – imagine credit union members who enjoy managing their money! Members who did this on the go. Members who cared. Would this lead to higher engaged members, members who were better ‘up’ on their money, members who were more in control… And ultimately, lower risk members? Who knows. But pretty groovy nonetheless, check it out!
“Cloudy, cloudy, cloud, cloud.”
Cloud core banking system from Five Degrees. I like clouds. I don’t like rain. But clouds are fun. This one especially. Demonstrating their ‘Matrix’ platform, Five Degrees brought with them a clean, crisp and ultimately user friendly core processing system. This 360 system shows both the member and credit union (or ‘b’ word) the same information, the same view. That’s fun, right? Both member and financial institution on the same page. But this is not what was most impressive… The ability to seamlessly change, edit, adjust the front end, the member experience with simple click or plug and play options in the administration system demonstrated the ease in which every organisation should be able to manage their core processing systems. Bravo Five Degrees, bravo.
So, that was great. Thanks for joining in! Want some more? You mean, that wasn’t enough? Ok then, click here for Ben Rogers’ favourites from today.