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THE BOTTOM LINE

Datawatch ROI case study: Pentagon Federal Credit Union

Pentagon Federal Credit Union (PenFed) deployed the Datawatch Monarch platform to modernize its data management and analysis capabilities. The company realized dramatic time savings with one team saving over 200 hours in a year from simpler workflow mechanics and task automation on the platform. Most strikingly, using the analytics on the platform allowed PenFed to negotiate a dramatically improved deal with a vendor, resulting in savings of $13 million. Since deployment, the organization has seen an overall change of culture; the data analysis capabilities and ease-of-use of the platform have contributed to a culture of trust and confidence throughout the organization.