Many credit unions struggle to transform report data into actionable business intelligence, which can produce accurate, strategic decisions and improved systems. To overcome this challenge, some are implementing self-service data prep solutions.

The Bedford, Mass.-based Datawatch, which claims more than 700 credit union customers, helps automate tasks such as teller, debit and credit card reconciliation; ATM terminal activity analysis and loan servicing.

Datawatch Monarch, the company's flagship solution, helps expedite data access, preparation and analysis; streamline reconciliation; distribute reporting processes and datasets; and facilitate data-driven financial decisions.

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