Case Study: Wyth Financial accelerates loan processing and reporting with Cinchy Dataware Platform

How Wyth Financial is Using Cinchy Dataware to Build a Digital-First Bank

Wyth Financial, formerly Concentra Bank, wanted to become a more data-centric, digital-first bank while improving customer service and addressing challenges around data integration, manual reporting, and regulatory reporting. To support this transformation, Wyth Financial selected the Cinchy Dataware Platform from Cinchy.

Using Cinchy’s Dataware Platform, Wyth Financial automated loan reporting, improved operational intelligence, and rapidly delivered data-driven solutions for programs like CEBA and ongoing loan management. The results included 50% savings on IT project and development costs, 4x faster loan processing, +10% annual growth in loan data volume, 28% more automated data loads and processes, 110% higher overall loan volume capacity, and efficient management of more than $520 million in loans.

Wyth Financial

Neal Oswald

Chief Operating Officer and SVP