“Alone we can do so little; together we can do so much” – Helen KellerThe credit union industry (or credit union movement as it’s often referred to) is probably one of the most collaborative industries in the United States, if not the entire world. Unlike other organizations, credit unions share everything from ideas to secrets. They truly care about the welfare of the industry and its millions of members. It’s great! Collaboration benefits credit unions in several ways – however, in my opinion, one way in particular presents the biggest opportunity.The ChallengeAccording to Credit Union Financial Exchange (CUFX), Credit Unions spend millions of dollars independently integrating similar technologies. From what we’ve seen, this is especially true in what I define as Credit Union Big Data and Analytics. Credit Union Big Data and Analytics is comprised of data integration (data warehousing), report writing, and the creation of predictive analytic models and applications. Today, credit unions spend a significant amount of time and money building their own isolated solutions to satisfy pressing reporting needs.While this may solve the short term problem, the unique design hinders the ability to share reports and pool data with other credit unions. Different credit unions often spend resources building similar reports and dashboards. This begs the question that was recently raised by John Best of CU Wallet and Best Innovation Group. Can credit unions be considered as technology companies that deliver financial services, or are they financial service companies that use technology?The OpportunityBig Data and Analytics presents a tremendous opportunity for credit unions but it becomes a REAL opportunity with collaboration. You’re probably thinking, “How can we collaborate our big data and analytics efforts with other credit unions? Every credit union’s data sources are different…” In order for credit unions to collaborate their big data and analytics efforts, they need to have an industry standard data model – a data model that does not discriminate against core system, loan origination system, etc – a truly holistic solution.With an industry standard data model, credit unions have the opportunity to greatly reduce the resources needed to execute a Big Data and Analytics initiative. A common data model will enable credit unions to “connect” to each other, allowing them to share reports and analytics applications amongst each other. When a report, application, or predictive model is built by or for a specific credit union, that credit union will have the opportunity to exchange it with all other credit unions that are connected to the data model. As a result, all credit unions – big and small – can immediately and effortlessly benefit by using others’ reports and applications shared in a place similar to the Apple App Store.Essentially, standardizing a data model gets credit unions out of the report-writing game and into the analytics game. This means less time and money spent collecting data, and more time doing actual analysis. When you look at the amount of money big corporations spend on Big Data and Analytics, you have to think, “Is this something our credit union can do ourselves, or should we instead leverage the power of collaboration that already exists in the credit union industry?” 108SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Austin Wentzlaff Austin J. Wentzlaff joined OnApproach in 2013 as a Business Development Analyst and is now currently Director of Business Development. He is responsible for developing marketing strategies, driving prospects to … Web: www.onapproach.net Details
Comment Metro Sport ReporterFriday 15 Feb 2019 2:11 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link135Shares Mesut Ozil has barely featured for Arsenal over recent weeks (Getty Images)Former Manchester United striker Andrew Cole has questioned Unai Emery’s decision to leave Mesut Ozil out of Arsenal’s starting line-up, suggesting that it is having a negative impact on his strikers.Pierre-Emerick Aubameyang is third in the Premier League golden boot standings with 15 goals this season while Alexandre Lacazette has also chipped in with ten. Between them, Aubameyang and Lacazette account for 47% of Arsenal’s 53 league goals this season.Despite both strikers playing well, though, Arsenal rank ninth in the Premier League for chances created this season, behind the other top six clubs as well as relegation threatened Fulham, Wolves and Crystal Palace, creating 9.6 chances per game.AdvertisementAdvertisementAnd Cole believes a major factor behind the team’s chance creation problem is that Ozil has not been starting regularly, with the 2014 World Cup winner featuring only twice for Arsenal since their Boxing Day draw against Brighton.ADVERTISEMENT Unai Emery is harming Arsenal’s strikers by dropping Mesut Ozil, says Andrew Cole Advertisement Alexandre Lacazette was sent off against BATE (Getty Images)Speaking on Sky Sports’ debate show, Cole said: ‘Arsenal over the previous years, when Wenger was there, did that. You’ve got to play your best players when you need them, and Ozil is one of Arsenal’s best.‘If you asked Lacazette and Aubameyang: ‘Do you want Mesut to play?’ they’d say yes all day long, all day long! It’s really, really strange.’Ozil signed a £350,000 per week deal to stay at Arsenal last January and it was expected that he would be one of the key player’s that Emery built his new-look team around when the Spaniard replaced Arsene Wenger last summer.That hasn’t proven to be the case, however, with Emery frequently dropping Ozil to the substitute’s bench or out of his 18-man squad entirely, as was the case for Thursday’s embarrassing 1-0 defeat to BATE Borisov in the Europa League.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityDespite dominating possession with 77% of the ball throughout the course of the game, Arsenal struggled to create too many clear-cut opportunities against BATE. Lacazette did find the net from a Sead Kolasinac cross only to be correctly adjudged to be offside.Lacazette later let his frustrations get the better of him as he was sent off five minutes from time for flinging an elbow into an opponent’s face. Aubameyang, meanwhile, was given only 20 minutes to score after coming off the bench.Arsenal’s most creative player in the Premier League this season has been Granit Xhaka and his 27 chances created ranks 43rd in the division. Ozil, meanwhile has created 1.8 chances per game which is the highest average in Arsenal’s squad.More: Manchester United FCRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseEx-Man Utd coach blasts Ed Woodward for two key transfer errors Advertisement
The family of 6-year-old Kaia Rolle shared with the Orlando Sentinel on Monday evening the body camera footage from Rolle’s arrest at her school, Lucious & Emma Nixon Academy.The incident took place in September, and it made national news.Kaia, a first grader at the charter school, had a tantrum earlier in the day where she had kicked and punched three school employees, leading to her arrest on a charge of misdemeanor battery.The video shows Orlando police officers enter a classroom before taking away the 6-year-old who was crying throughout the entire time.Officer Dennis Turner said about the zip ties, before another officer tightened them around her wrists. Kaia immediately began weeping.Although it was clear that Kaia was in extreme distress the officers continued with the arrest while employees at the Orlando charter school stood there.When the officer who arrested Kaia returned to speak with school officials, he downplayed the juvenile detention center, saying it’s “not like you think.”He told them he had arrested 6,000 people in his career — the youngest, to that point, was 7. When school employees told him Kaia was 6, not 8 like he thought, he did not seem concerned.“Now she has broken the record,” he said.Orlando Police Department officials fired Turner. The said Turner violated agency policy on arresting children younger than 12, which requires officers to get a supervisor’s approval — something Turner did not do. However, his decision was not illegal as Florida currently does not have a minimum age for arrest.Meralyn Kirkland, Kaia’s grandmother, told reporters her granddaughter had sleep apnea, which is why she would act out in school. The family says they hope that in releasing the video it will help support a proposal to change that law by making 12 the minimum age for arrest.Kirkland says she worries that her granddaughter will suffer from trauma because of this incident. Kaia was taken to the county Juvenile Assessment Center, where the girl’s mugshot and fingerprints were taken. Employees had to use a step stool for Kaia to capture her mugshot.Kaia is now attending a private school, after refusing to attend a school with an officer on campus, Kirkland said.