CUNA Mutual Group announced Tuesday that it has formed a data and analytics technology and services business to help credit unions see through the blizzard of information to better guide their relationships with members.
CUNA Mutual AdvantEdge Analytics LLC, based in at the group's headquarters in Madison, Wis., was spawned from part of the $250 million CUNA Mutual earmarked last year to acquire and develop new technology and capabilities for credit unions over the next few years.
Part of that effort led CUNA Mutual's acquisition in February of SavvyIntel, a Chicago-based data analytics startup, for an undisclosed price. SavvyIntel helps build-out the analytical reporting capabilities for the AdvantEdge Analytics product suite that CUNA Mutual developed in 2016 and tested late last year and early this year with a pilot group of six credit unions.
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