Fortis Bank, Middlesex Federal Savings tap iDENTIFY for data management

GlobalData

Tue, May 13, 2025, 5:04 AM 1 min read

US assemblage banks Fortis Bank and Middlesex Federal Savings person teamed up with GOiDENTIFY, operating arsenic iDENTIFY, aiming to heighten compliance, regenerate bequest batch systems, and modulation to real-time, cloud-based information environments.

iDENTIFY provides a structured attack to information transformation, which is indispensable for assemblage banks facing analyzable regulatory requirements and expanding integer show expectations.

Fortis Bank, with branches successful Colorado and Utah, is collaborating with iDENTIFY to found a modern information infrastructure.

This inaugural aims to consolidate the bank's transaction and acquisition information from assorted sources into a secure, centralised level designed for ratio and scalability.

Meanwhile, Middlesex Federal Savings, based successful Massachusetts, is partnering with iDENTIFY to standardise reporting processes, streamline information from fintech initiatives, and presumption itself for aboriginal growth.

iDENTIFY president Lee Easton said: “Banks contiguous can’t spend to run successful the dark.

“Our ngo is to assistance institutions determination distant from siloed batch-processing systems and into secure, scalable environments that unify information crossed each function—from compliance to lawsuit experience. These 2 clients exemplify that vision.”

iDENTIFY employs a phased transportation exemplary that outlines a systematic pathway from archetypal appraisal to implicit implementation.

This process includes respective cardinal stages, including a find signifier that examines infrastructure, licencing, and information root mapping.

Next, a plan signifier that focuses connected creating information models, governance frameworks, and illustration dashboards.

It is followed by implementation, which involves constructing interior information pipelines, staging environments, and unified information layers to facilitate compliance and show monitoring;

Finally, ongoing enactment from the iDENTIFY squad volition assistance guarantee operational ratio and adaptability.

"Fortis Bank, Middlesex Federal Savings pat iDENTIFY for information management" was primitively created and published by Retail Banker International, a GlobalData owned brand.

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