OnApproach Makes Strategic Investment in Data Analytics CUSO, CU Rise

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CU Rise Analytics, a Virginia-based, global CUSO providing data science and technology advancement solutions to credit unions, is pleased to announce its strategic partnership with OnApproach, the leading provider of data/analytics solutions for credit unions. This strategic partnership offers the credit union marketplace an end-to-end solution for data storage, analysis and actionable insights.

“The growing abundance of data can be overwhelming for credit unions today. Our strategic partnership with CU Rise Analytics presents an opportunity to provide credit unions of all sizes with the ability to transform credit union member data into valuable and actionable information to drive decisions,” stated Paul Ablack, Chief Executive Officer (CEO), OnApproach. “As the only collaborative analytics CUSO, we have a mission to build analytics competencies for as many credit unions as possible. Strategic partners such as CU Rise advance that mission by further enhancing opportunities for credit unions to take control of their data.”

With over 30 years of collective financial services, strategy and data analytics experience, Karan Bhalla, CEO, and Suchit Shah, COO launched CU Rise Analytics in March of 2018. Through this strategic partnership with OnApproach, CU Rise Analytics now has the opportunity to provide data science and technology services to a greater number of credit unions, furthering the CUSO’s mission to help credit unions better understand, serve, and support their members in the most effective and efficient manner.

“To be successful in the highly competitive banking environment, it is crucial for credit unions to maximize their data,” said Karan Bhalla. “CU Rise Analytics’ strategic partnership with OnApproach expands our ability to help credit unions leverage their member data. Through business intelligence and advanced statistical models, credit unions are able to better understand their data and then act on it in a way that positively impacts the credit union and, ultimately, their members. This is in-line with our broader mission.”

About OnApproach

OnApproach is the only CUSO dedicated to credit union success through a collaborative analytics ecosystem. By providing a secure and frictionless data experience, OnApproach empowers credit unions to take full control of their own data and their own futures. We exist to serve the credit union movement with technology and expertise required for the digital transformation of the industry business model. OnApproach’s collaborative ecosystem enables communities of users, data scientists, and application developers focused on analytics innovation. Learn more about OnApproach at www.onapproach.com.