Lodestar Partners with Monarch Bank

logo_monarchAugust 22, 2014 – Monarch Bank has chosen and implemented Lodestar’s Business Intelligence and Data Store solutions for their organization to drive growth and profitability. Monarch Bank is located in Chesapeake, VA, and manages over $1 billion in assets.

“We’ve always had access to data and reports,” says Denys Diaz, EVP Chief Information Officer. “Our goal was to add meaning to our data. Lodestar’s Business Intelligence solution has delivered unprecedented insight into our business. Our executive management now has on demand access to key information and metrics from their desktop or tablet. The need for accurate, timely and meaningful information has never been more important. We feel confident our collaborative effort with Lodestar will continue to yield excellent results.”

“We are extremely pleased that Monarch Bank has chosen to partner with Lodestar Technologies to deliver a business intelligence and data warehousing platform for their organization,” says Patrick O’Neill, Director of Account Management. “Monarch is a very progressive bank and is an ideal partner for us to expand our solution’s effectiveness to specifically meet the needs of banking institutions.”

Lodestar and Monarch are continuing to expand and build new functionality on the business intelligence platform, as well as adding additional data integration sources to connect disparate systems together to gain new consolidated insight into the customer and operations.

For more information, please contact:

Patrick O’Neill, Director of Account Management
Lodestar Technologies Inc.
Cell: 778.882.8024
patrick.oneill@lodestartech.ca

0