The 2022 CULytics Day, held virtually on August 22nd, could not have been any better, thanks to our phenomenal speakers, sponsors, and attendees for making this a grand success. The conference attracted over 320 attendees from more than 165 credit unions.

                                                                                                                              Pic: Attending Credit Unions

The event was jam-packed with engaging presentations that exemplified the spirit of change and creativity and, most significantly, honored the achievements of some of the industry's top leaders in the field of digital transformation.

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In this blog, we're spotlighting insightful moments from #2022CULyticsDay and some ways you can relive the magic.

 Relive the action with Session Spotlights

Immerse yourself in the content that is led by experts in the industry.

The event began with a welcoming message by the founder and president of CULytics, Naveen Jain. While addressing the attendees, Naveen reaffirmed that CULytics is all about helping credit unions be successful with their data analytics initiatives. He shared that CULytics has established a realistic, business-proven approach for analyzing and advancing a credit union's data and analytics maturity based on decades of applied experience enhanced via interactions with more than five hundred credit unions.

Moreover, he stated that many credit unions are turning to CULytics consulting as an efficient way to drive successful outcomes and accelerate their pursuit of data and digital transformation. In addition, Naveen spoke about what lay in store for all the attendees.

Thomas Novak, VP/Chief Digital Officer of Visions Federal Credit Union and a well-known thought leader, was the CULytics Day's keynote speaker. His presentation "To Build or Not to Build (Buy)" drew the audience's attention as many credit unions are grappling with this challenge.

Want to know how analytics influences financial lending? If so, you shouldn't miss out on hearing from Tavish Taylor, Director of Data Analytics and Financial Reporting at Credit Union 1 – Alaska, at this event.

Want to comprehend two things? "Why are members leaving?" and "Is there anything we can do to prevent it beforehand?" The following discussion was given by Jen Larson, PSECU's Director of Marketing Analytics and Research, and was titled "Case Study: Leveraging Member Data to Prevent Closures." She advises kicking off a data modeling project, launching associated marketing initiatives, and gauging their efficacy.

Later, in the next session, Kalyana Sundaram, EVP, and CIO, Partners Federal Credit Union, shared insights on Contactless Verification and Validation for Members at Teller Stations using secure, dynamic, and time-bound QR codes generated using FI's Mobile Banking App.

The next session was a fireside conversation titled "Changing Lending Landscape" features Sumeet Bhalla (Senior VP, Consumer Banking, PenFed Credit Union), Bill Snider (Vice President, Digital Strategy and Marketing, Clearview Federal Credit Union), and Naveen Jain (Founder & President, CULytics). They spent considerable time discussing the potential impact on lending of economic shifts, inflation, and recession fears and what credit unions can do to better compete in the marketplace.

Nishant Upadhyay, Vice President, Data and Analytics, UW Credit Union, kicked off the event's final session by presenting on "Cloud Data Platform-Things To Watch Out For." He shares insights on dos and don'ts when moving data management infrastructure to the cloud.

Thanks to the moderators Amie Hale, Valley Strong Credit Union; Bill Snider, Clearview Federal Credit Union; Kevin Yebuah, Northrop Grumman Federal Credit Union; Stephanie Hulsey, Arsenal Credit Union; who interacted with the presenters, addressing questions and doubts from the attendees about the presentation. This helped the attendees connect better with the speakers and gain more profound knowledge and understanding of the topic.

Also, thanks to the event EMCEE, Himani Agarwal from CULytics, for flawlessly managing the event's flow.

Solutions Demo

 Giving our community a chance to network with fellow professionals is something CULytics events excel at – and this year was no different. There were also many interactive virtual booths set up by our sponsors, Aunalytics, CoinBeam, Interface AI, and EXL | Corridor Platforms | Oliver Wyman.

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Attendees had a chance to interact with them and find out more about their offerings. Furthermore, they also explored their solution demos that could help them grow their business.

We have also made these demos available on the CULytics Transformation Center, so that you can get valuable context about how different types of solutions and services can work together.

Aunalytics - Daybreak for Credit Unions

Explore how the Aunalytics’ Daybreak solution empowers community financial institutions with advanced analytics and valuable business insights to improve member relationships, strategically deliver new products and services through data-driven campaigns, and drive competitive advantage with Aunalytics’ side-by-side digital transformation model.

CoinBeam - Crypto Solutions for Credit Unions

Explore how the CoinBeam Design Partner Program offers a clear path for your credit union to begin building your crypto strategy.

Interface AI - Powered Phone Banking

Explore how the interface’s AI Powered Phone Banking significantly enhances member experiences and operational efficiencies for your credit union.

EXL | Corridor Platforms | Oliver Wyman - Risk Decisioning As A Service

Explore how Risk Decisioning-as-a-Service leverages advanced analytics, AI, and the cloud to deliver instant credit decisions necessary to support digital lending initiatives.

Visit here to check out all the presentations and binge-watch the video content of CULytics Day.

Summing up

CULytics Day served as an example of how a virtual symposium may be both thought-provoking and interesting. Regarding the success of the event, Naveen Jain, Founder & President of CULytics, stated, "We owe an immense amount of thanks to all of our speakers, attendees, sponsors, and the CULytics team. We work so hard to make CULytics Day a rewarding experience for everyone since our community relies on us to give them opportunities to learn industry best practices.

Ready to take your data analytics practice to the next level? Contact us at info@culytics.com

See you at #2023CULyticsSummit 

Join us for three exciting days in Redmond, WA, as we’ve got a blockbuster lineup of sessions planned – with all the tools you need to make workflow better, faster, and easier throughout your organization. Pre-Register Now at no-cost to make sure you don’t miss out.

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Those who were present are the best to tell the whole story. So keep the conversation going by sharing your experience with the official hashtag #2022CULyticsDay. Connect with us to find out more about the events on LinkedIn, Twitter, and Facebook.

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