KlariVis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, announced its new relationship with its first Indiana-based institution, First Farmers Bank & Trust, as “a key data partner for the bank’s future.”
KlariVis explains that it “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.”
As a solution developed for bankers by bankers, KlariVis continues “to see rapid growth as financial organizations seek a simpler way to transform their data and empower executive and frontline decision-making.”
Tade Powell, Senior Vice President, Director of Communications & Public Relations at First Farmers Bank & Trust, said:
“We are currently on the tip of the data iceberg, and our goal is to efficiently take in customer data and provide the best possible experience for each customer as they evolve. KlariVis has an impeccable reputation within the industry, and that played a role in moving forward with their team.”
With $2.5 billion in assets serving over 60,000 individuals, families and businesses in Indiana and Illinois, First Farmers Bank & Trust is “one of the premier community banks in the Midwest.” Its team is committed to “fostering relationships that service and grow its community while focusing on agricultural financial services.”
The financial landscape has “grown increasingly competitive, and many banks feel the pressure of enhancing technology to meet customers’ expectations.” Banks like First Farmers are “tapping into data to transform the experience, but having access to the massive volume of data does not automatically correlate to having valuable insights.”
The value is “found in being able to easily turn this cache of data into actionable insights that drive the institution’s ability to serve its customers and its community, streamline operations, and ultimately compete with larger institutions and non-bank competitors.”
Kim Snyder, CEO of KlariVis, says:
“We are thrilled to work with our first Indiana-based institution and enable First Farmers to become a more data-driven community bank. With KlariVis, their team will be able to harness the full potential of their data, increasing visibility at every level of the organization and empowering them with the tools to further enhance the customer experience.”
