FI Navigator Launches FIN VendorFit to Gauge Best Core Vendor-Product Fits for Financial Institutions

Posted July 2nd, 2021 in Press

Atlanta, GA – FI Navigator, the banking vertical’s data analytics leader, today announced the launch of FIN VendorFit, a groundbreaking tool designed to leverage comprehensive banking industry data to rank core processing vendor-product fit for each financial institution. The regression analysis integrates over 100 independent variables ranging from asset size to previous technology purchase behavior.

Financial institutions can utilize FIN VendorFit for their critically-important core processing conversion decisioning. Conversely, core processing vendors can leverage the scoring to identify higher probability conversion candidates or in their account management to identify at-risk clients.

“Core conversions are often the result of heightened friction with the incumbent vendor due to material differences between the converting institution and the core client base.” said Steve Cotton, CEO & founder of FI Navigator. “FIN VendorFit allows users to gauge the best fits for any institution.”

Key benefits of FIN VendorFit include:

  • Data-Driven Vendor Matching – Identify vendors whose solutions align with an institution’s strategy, size, market, performance, purchase behavior and other segmentations.
  • Comprehensive Market Coverage – Examine vendor-product market share across different financial institution firmographics.
  • Competitive Benchmarking – Compare any institution to the core vendor-product client base on strategy, market size, profitability, growth, risk, productivity and technologies deployed.
  • Faster Decision-Making – Reduce the time and complexity of the vendor evaluation process.

For more information about FIN VendorFit and FI Navigator’s solutions, please visit www.fi-navigator.com.

About FI Navigator
FI Navigator delivers the data analytics platform guiding performance enhancement and strategy development for the U.S. banking vertical’s vendors, advisors and financial institutions. Whether transforming a vendor’s B2Bank go-to-market strategy or pinpointing a financial  institution’s top opportunities, FI Navigator’s platform excels due to proprietary data and innovative analytics.