At this year's Finovate event, iDENTIFY took the stage to showcase the iDENTIFY Platform. Spencer, our Director of Data Infrastructure, and Lee, our President, walked through the iDENTIFY Product Demo to show how Banks and Credit Unions can validate data quality and data lineage across all of their disparate data sources.
The Presentation
Lee and Spencer's presentation captivated the crowd, showcasing how we're bringing our team's expertise into a new platform for clients of all sizes. Designed with the idea of Banks and Created Unions struggling with Data Governance - such as banks migrating their data cores to Snowflake, this platform leverages a seamless interface that captures the status of CORE data at all times.
Captivating and engaging- Lee and Spencer have done an incredible job showcasing our newest product to the stage. Here's what Spencer had to say about the demo:
Overall, the stage setup was crazy! It felt very professional, with many screens and tech people behind the curtain. They put mics on us, and we did sound checks, etc. I felt like being in a stage production of a Broadway show or something.
The iDENTIFY Platform
Data validation and risk mitigation are common themes in the banking industry. With robust traditional batch systems, this infrastructure has shown to be tried and true. However, these older systems may affect the bottom line simply because of their inherent issues with data hygiene. Reconciliation is harder than ever for Banks and Credit Unions because the data needed to reconcile doesn't always come in clean from the source, and we understand why.
After several years in the banking industry, we've found a product that caters to our market and fits our existing services. Now shifting from service to a software company, we've brought all our expertise into one unified place. We are unifying bank data and leveraging our entire tech stack by implementing modern technology to its fullest extent. iDENTIFY's data validation platform is our new product that leverages our technology stack with Power BI, React, and the expertise of our current and past clients.
Key Features
- Real-Time Validation: Parts of this product highlight how we leverage Snowflake's data lake for our clients. Not only are we testing data hygiene on the back end, but it's now shown on the interface when our clients need it.
- Enhanced Security: Further into the product, we leverage Snowflake for its security protocols, which inherently mitigate risk. Simply showcasing it on an interface, the data infrastructure retains integrity as consumed in Snowflake.
The journey to developing Data Validation was a collaborative effort across iDENTIFY, drawing on client feedback, industry trends, and our team's dedication to solving complex data challenges. Spencer and Lee's presentation showcased what's new at iDENTIFY - unifying bank data, but it is now in a new interface and ready to bring even faster-to-market solutions.
What's Next for iDENTIFY?
The positive feedback from Finovate from our presentation and at our booth has further validated our vision at iDENTIFY to unify bank data. Stay updated on our data validation platform and leave your email to receive news on the latest features we're implementing.
The iDENTIFY team notes:
Our goal is to help companies make better, data-driven decisions without worrying about inaccuracies or compliance issues. We're excited to see the impact Data Validation will have on our clients."
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