Case Study: Locality Bank achieves unified customer insights and streamlined reporting with Praxent

Locality Bank streamlines reporting across 6 data sources with Praxent

Locality Bank, a community bank based in South Florida, faced challenges with siloed customer data and a highly manual, time-consuming reporting process. This prevented a holistic view of their customers and hindered decision-making. To achieve data independence, the bank partnered with vendor Praxent to develop a data lake and business intelligence system.

Praxent implemented a serverless AWS data lake architecture for Locality Bank, utilizing tools like AWS Glue and QuickSight. This solution automated report generation, consolidated data from multiple sources into a single customer view, and streamlined compliance reporting. As a result, Locality Bank gained powerful, real-time insights to enhance its services and improve data-driven decision-making.

Locality Bank