Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, has announced a partnership with MX Technologies, Inc., a key player in Open Finance.
Together, KlariVis and MX will empower financial institutions “with new data-driven capabilities and financial insights to equip leaders to make more-informed decisions and uncover additional revenue and growth opportunities.”
KlariVis compiles and aggregates high-value, actionable data “into an interactive, user-friendly enterprise dashboard and analytics platform.”
The KlariVis platform provides financial institutions “with timely insights and an infrastructure to modernize elements of their tech stack while driving profitability, productivity, and performance.”
Don Parker, Executive Vice President of Partnerships, MX, stated:
“Our integration with KlariVis demonstrates our shared commitment to power the open finance economy by empowering financial institutions with data-driven insights. Data is complex, and MX reduces that complexity to make it actionable. The KlariVis user-friendly analytics platform together with MXdata will help financial institutions build a stronger, more modern data infrastructure.”
As mentioned in the update, the MX Data Engine helps financial institutions and fintech companies transform transaction data “to better understand consumer profiles, measure performance gaps, and identify new areas of investment.”
By partnering with MX, KlariVis will be able “to offer its clients data insights that provide additional breadth and scope to the KlariVis reporting and analytics platform.”
Kim Snyder, Founder and CEO of KlariVis, remarked:
“We are thrilled for the future of our relationship with MX, and what it means for our clients. Our partnership with MX will expedite our ability to create transformative opportunities for financial institutions across the country. Once integrated, KlariVis clients will be able to easily act on additional revenue and cross-sell opportunities that live in their transactional data.”
As covered, MX Technologies, Inc., a key provider focused on Open Finance, “helps organizations everywhere connect to the world’s financial data and turn raw, unstructured data into their most valuable asset to deliver intelligent and personalized money experiences.”
MX connects over 13,000 financial institutions and Fintechs “providing the industry’s most reliable and secure data connectivity network.”
Additionally, MX “powers 85% of digital banking providers, as well as thousands of banks, credit unions, and fintechs, with a combined reach of over 200 million consumers.”
Created by veteran community bank executives, KlariVis was “developed to enable institutions of all sizes to see their institution clearly and access transformative data in an efficient way, interpret it, and act decisively on it.”
The KlariVis team aims “to provide financial institutions with an enterprise dashboard and analytics solution designed to solve the data conundrum that is prevalent in the industry today.”