Your Risk, Your Data.
Traditional systems have proven to be a robust system that’s worked for decades. While reliable, depending on third party service providers have shown to be ambigious. iDENTIFY works with Snowflake to secure your data cores, and bring faster-to-market solutions.
With iDENTIFY, we prioritize keeping your bank in control of your data. Rather than relying on third-party service providers to interpret your data, we guide the data development that’s required for compliance.
Is your data infrastructure compliant today?
By migrating your third-party and core data to your environment - you help your internal operations through risk mitigation with Snowflake. If/when the FDIC issues a consent order, you will have all the necessary documentation for regulators.
When it comes to IDENTIFY, we prioritize the following:
With our wealth of banking and data infrastructure knowledge, we know how to implement the best-in-class enterprise solution to help you manage your data!
iDENTIFY utilizes Snowflake's data lake for banks migrating to modern financial technology. Leveraging cloud-based technology, your customer data remains safe and ready to report.
iDENTIFY is a customer-centric agency aimed at creating unique solutions for our clients. With top-tier support and attention to detail, we strive to improve your operational efficiency.
Received a consent order?
Our Compliance Checklist
We have worked with enough FDIC and OCC-regulated banks now to know precisely what is needed to keep your data infrastructure in good standing. We break these down into six key areas that start day one of working with iDENTIFY.
Six Keys to Data Infrastructure Success:
Consent Orders from the FDIC should be manageable.
Find how banks are leveraging Snowflake below:
Enhanced Data Security and Compliance
Snowflake's robust security features, including always-on encryption and comprehensive compliance certifications, ensure that banks can manage sensitive financial data securely and meet strict regulatory requirements.
Real-time Data Analytics
Leverage Snowflake's ability to handle high-speed data ingestion and real-time analytics to gain immediate insights from transactional data, enhancing decision-making processes and customer service.
Streamlined Regulatory Reporting
Simplify regulatory reporting with Snowflake's capabilities to handle large datasets efficiently and perform complex queries quickly, ensuring compliance with financial regulations.
What is Snowflake?
Snowflake is a cloud-based data-as-a-service solution that utilizes the latest and cutting-edge technology to provide financial institutions and fintech companies with further insights and access to their financial data. Aside from a new infrastructure - which liberates much of the restriction from traditional systems, Snowflake provides comprehensive tools for managing,comprehending, and leveraging data to enable more informed.
Why Snowflake?
Snowflake stands as the premier solution for bank core migrations. With Snowflake, banks can open their core data to provide first-level monitoring for real-time data management, seamless integrations into CRMs, and schema support for banking needs. By migrating from Fiserv to Snowflake, banks have seen significant cost savings while gaining solutions for scalable and effcient data management solutions. Snowflake provides banks with effciency and effectiveness in the banking industry.
