CEDAR PARK, TX – October 17, 2016 – IBT, Inc., and Deluxe Corporation, have joined forces to help community financial institutions drive greater financial performance.
In an agreement with Deluxe Financial Services, IBT will now offer Bankers Dashboard and Credit Union Dashboard (collectively Deluxe Performance Dashboard) to clients using i2Core. IBT’s i2Core helps financial institutions improve operations, reduce costs, and mitigate risks by providing the ability to view all client data and transactions in a real-time environment.
Financial institutions use Deluxe’s Performance Dashboard to monitor performance across a spectrum of indicators. This powerful web-based tool provides performance management information to all levels of the organization, facilitating transparency and encouraging collaboration among financial institution leaders.
“Performance management and forecasting are critically important in the current regulatory environment,” said Mark Dittman, CEO of IBT. “As part of our commitment to delivering robust solutions to our customers, IBT sought a partner that would simplify the budgeting and forecasting process. With enhanced data visualization, the Deluxe Performance Dashboard provides outstanding financial reporting and analysis, and the data shows that Dashboard clients outperform the market on Net Interest Margin by an average 26bps over the past 3 years. We are excited to align ourselves with an organization with such impressive results.”
Both companies are dedicated to helping community financial institutions succeed. IBT places great value in partners that have demonstrated they can increase income for its financial institutions. Deluxe has demonstrated that they are a partner who meets this criteria. By pairing the Deluxe Performance Dashboard with IBT’s i2Core, community financial institutions are positioned to drive additional income to the bottom line.
“Deluxe Performance Dashboard is a critical tool that financial institutions rely on for timely performance metrics,” explained John Filby, president of Deluxe Financial Services. “Working with IBT, we are able to provide our mutual clients with the right data and the platform to gauge real-time financial performance, enabling them to make necessary adjustments to ensure that their financial performance is optimized.”