Three community banks in the US have chosen the KlariVis data analytics platform to boost their decision-making process with actionable data.

The solution was chosen by Select Bank & Trust, Bank of Botetourt, and the Farmers Bank of Appomattox, who manage assets of $1.3bn, $492m, and $236m, respectively.

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The selection was driven by KlariVis’ ease of deployment.

Select Bank & Trust EVP and COO Lynn Johnson said: “The KlariVis team offers white-glove implementation service and due to their deep industry and system knowledge, they have been able to execute on it brilliantly with no disruption to our Jack Henry SilverLake core.”

The KlariVis platform aggregates actionable data, enabling financial institutions to gain insights on deposit, loan and revenue growth and other important areas of their business.

The platform also provides a complete view of a financial institution. It covers various aspects such as the branch, market, product and customer information, among others.

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Besides, KlariVis is said to provide advanced report capabilities.

KlariVis CEO and founder Kim Snyder said: “Each of these banks has taken an innovative step forward by recognising data as an enterprise-wide asset and strategic priority. Accessing the massive amounts of customer, market, product and service data that resides in their core and ancillary siloed systems will help them gain a holistic view of their bank and its needs.

“The innovative approach we took in developing KlariVis was to ask the hard questions of our clients and create a tool that brings actionable data to their desktop. This approach allows bankers to serve their customers and drive value for their shareholders.”