Our tool makes the complex data points easy to assess and perform benchmark analysis, empowering you to focus on What-Ifs

To elaborate on the functional capabilities of UBQuant cloud platform, Gorjala cites one of his company’s recent partnerships with a banking institution. The bank’s ongoing regulatory compliance reports generation and presenting to the board of directors has always been a concern for the bank president for one key reason – too complex and time-consuming, yet not good enough results. However, with UBQuant’s bank performance-analytics platform, envisioning the performance through multiple dimensions became a seamless task and the analysts can focus on What- If’s more than how to generate reports. The bank now collates and visualizes all the data—in all possible data combinations—in real-time, to measure the holistic performance of the bank in an intuitive way.

Today, banks can also leverage UBQuant’s innovative platform for their unique ability to create custom peer groups. These peer communities aim to define target benchmark related groups, pick their preferred set of banks, and access any metric and financial ratios to compare against. UBQuant helps banking institutions with standard and critical financial ratios (key indicators of the financial performance of the entity). The company has organized the industry standard financial ratios for intuitive access and better analytics. Additionally, banks can define their own financial ratios and make it their way of analyzing the data, while UBQuant’s insights engine transforms the data for clients’ needs.

At present, UBQuant is working on the beta version of their solution for banks and financial institutions that are working with the Community Reinvestment Act (CRA). The add-on solution is stipulated to help financial institutions meet the needs of borrowers in all segments of their communities. The company is also refining its intuitive data visualization aspects with features like a heat map. Above all, UBQuant is setting up the foundation to unify economics, and streamline the UBPR compliance process for future data analysts.