Running a community bank during the Recession (Covid-19) or otherwise is a challenging task.
Here’s what we found in an article by Big Sky Associates, Inc. , which mentioned Top challenges that the community banks face-
1. Increased #regulatory pressures
2. Increased capital demand / cost
3. Changing economy
4. Adoption of Technology platforms
5. Birth of alternate competition
While these challenges are realities that all #communitybanks must deal with, HEXANIKA helps you solve these challenges with solutions that provide
1. Seamless #Regulatoryreporting (40% faster time to report) with 100% #datalineage and #traceability.
2. Up to 50% #cost savings.
3. #Adaptability of data consumption.
4. Patented algorithms based on #AI
5. Keeping the #technology and process competitive.