#United States #Financial Services #Milwaukee #Snowflake #7Rivers

7Rivers Achieves Snowflake Financial Services Industry Competency

7Rivers, a recognized Premier Snowflake Services Partner, recently celebrated a significant achievement: the attainment of the Snowflake Financial Services Industry Competency. This accolade underscores 7Rivers' dedication and expertise in providing high-impact data and AI solutions tailored specifically for the financial services sector.

The acknowledgment not only showcases the company's proven ability to drive digital transformation but also reflects its commitment to facilitating modernization within banks, insurance companies, capital markets firms, and fintech organizations. With its unique proprietary model known as Data Native™ and leveraging an array of Snowflake accelerators, 7Rivers effectively helps its clients unlock substantial business value. By utilizing AI-powered applications, predictive analytics, and intelligent user experiences, the company positions its clients at the forefront of industry evolution.

Ben Kerford, President of 7Rivers, remarked, "Achieving the Snowflake Financial Services Industry Competency is a meaningful milestone for our team and our clients. It reinforces our commitment to helping financial institutions navigate modernization with confidence, transforming data into real-world outcomes that drive growth, mitigate risk, and elevate the customer experience."

The strategic partnership between 7Rivers and Snowflake empowers financial service providers to gain greater autonomy from traditional core providers by simplifying data access. This easier access enables banks and insurance entities to execute their growth strategies more effectively and efficiently. For example, the newfound capabilities allow institutions to:

• - Develop organic growth strategies by pinpointing essential customer segments for cross-selling and upselling opportunities.
• - Create advanced predictive models focused on preventing customer churn while enhancing targeted marketing initiatives.
• - Identify geographical and market expansion prospects through empirical analyses.
• - Construct pro forma modeling scenarios for assessing mergers and acquisitions.
• - Harness generative AI technologies to automate workflows and bolster productivity.
• - Streamline governance and performance within Snowflake environments for improved cost-efficiency.
• - Enhance compliance with regulatory frameworks through robust data governance practices.
• - Support instantaneous decision-making in transactions such as trading, claims processing, and underwriting.
• - Improve risk detection across domains such as fraud, anti-money laundering, and operational risk.
• - Innovate underwriting and risk-scoring models to accelerate the lending and insurance offer processes.

As financial institutions navigate an increasingly intricate landscape, marked by heightened risks and evolving regulations, 7Rivers remains a partner in proactively addressing these challenges. Notably, their collaborations with prominent banks, fintech, and insurance entities have led to a surge in initiatives focusing on:

• - Driving deposit growth and account openings through insightful, data-driven personalization and targeted campaigns.
• - Fortifying fraud detection and risk management leveraging AI techniques for surveillance and anomaly identification.
• - Streamlining the loan and mortgage processes using predictive modeling and automation techniques.
• - Enhancing investment analytics via real-time dashboards paired with AI-driven recommendations.
• - Amplifying customer experiences through personalized services, intelligent routing, and AI agents.

These offerings form the backbone of 7Rivers' mission to assist financial institutions in their transformation into modern, data-centric enterprises. The solutions provided are designed to not only address present challenges but also equip clients for future opportunities.

Equipped with extensive experience in Data Vault 2.0, AI/Machine Learning, and Snowflake-native architecture, 7Rivers is ideally positioned to guide its clients in becoming agile, data-driven organizations steered by innovation.

About 7Rivers

7Rivers is dedicated to empowering businesses to unlock the transformative capabilities of data and AI, ushering unprecedented success for organizations and their teams. The mission revolves around guiding business leaders to fully realize the potential of their data via state-of-the-art data modernization and advanced AI solutions. As a proud Snowflake Premier Partner, 7Rivers specializes in converting raw data into actionable insights that yield tangible results. From establishing an AI-driven data infrastructure to identifying high-value use cases, the company's commitment to navigating today's intricate landscape ensures a pathway toward becoming augmented enterprises. Discover how 7Rivers can elevate your data strategy and improve business outcomes by visiting 7Rivers.