First Hope Bank to Drive Innovation Through Data with Arkalytics

by Hannah Barrett, on November 21, 2024

First hope bank press release graphic
 
First Hope Bank, a family-owned community bank in New Jersey established in 1911, has entered into a strategic partnership with Arkatechture, a top provider of data analytics solutions, to optimize its data management processes and improve the customer experience through the implementation of Arkatechture's Arkalytics platform.

In alignment with its commitment to modernization, First Hope Bank sought a comprehensive data analytics partner to integrate its various data sources and provide the bank with real-time, actionable insights. With a strong data strategy in mind, First Hope Bank will use the Arkalytics platform to consolidate data from multiple systems into a unified, cohesive view. This platform empowers the bank to organize and index its systems, as well as standardize data, leading to faster and more effective reporting and analysis capabilities.

We’re definitely going to be able to correlate our data better, getting all these different sources into a single platform which is just going to be able to let us move faster and more efficiently,” said Jennifer Finer, Chief Operations Officer at First Hope Bank.

This partnership is going to validate that we are providing our customers with the services that they want and need, and help us stay ahead of their needs as they evolve,” said Scott DeGuilo, VP of IT Infrastructure & Technology at First Hope Bank.

The Arkalytics platform will offer First Hope Bank a "single-pane-of-glass" experience, facilitating streamlined data access across departments, allowing the bank to remain agile in a constantly changing financial environment.

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