Bancography to Demo Bancography Plan Software at FinovateFall 2024
August 27 2024 - 7:55AM
Business Wire
– Branch-planning specialist to present
seven-minute live demo showcasing merger analysis and market
evaluation tool –
Bancography, a financial services consulting firm, has been
selected to demo at FinovateFall 2024. Bancography’s President
Steven Reider will present the company’s Bancography Plan software
tool during a seven-minute demo session on Sept. 10 at 10:01
a.m.
FinovateFall showcases cutting-edge banking and financial
technology through short-form demos and key insights from industry
thought leaders. Bancography will showcase Bancography Plan’s
ability to evaluate potential merger candidates, allowing users to
examine a prospective combination of any two institutions, identify
overlapping branches, forecast probable attrition from closed
branches and estimate the likely financial impact under an array of
expense-reduction scenarios.
This year’s FinovateFall takes place Sept. 9 - 11 at the
Marriott Marquis Times Square in New York. It is expected to host
60+ live demos ranging from startups to established firms. Over
2,000 senior decision-makers, representing more than 1,000 from
financial institutions, are expected to attend.
Bancography Plan is an innovative software tool that helps
financial institutions allocate capital investments and noninterest
expenses in their branch networks, optimizing the return on branch
investments ‒ a critical channel for consumers and small
businesses. Bancography Plan provides demographic and competitive
reports, customer and competitor maps, and full pro forma financial
projections for any proposed branch location, giving bankers every
datapoint they need to reach optimal decisions regarding branch
capital and noninterest expenses. The tool is equally effective at
analyzing current branch performance, providing estimates of
current performance versus fair-share market potential, to support
decisions as to whether to keep, close, reconfigure or otherwise
reposition each branch to yield the optimal network
configuration.
Reider said, “Branches consume sizable capital and noninterest
expense costs – and banks and credit unions deserve an intuitive
tool that can help make informed branching decisions. We’re excited
to show Finovate what Bancography Plan can provide today’s savvy
bankers.”
About Bancography
Bancography provides branch planning solutions and primary
marketing research for financial institutions across the U.S.
Bancography offers custom branch network optimization services in
addition to Bancography Plan, our market analysis and branch
planning software tool. Bancography’s Branch Network Optimization
service provides a market-wide assessment of any region to deliver
a long-term plan for branch openings, closings, relocations and
acquisitions. Our branch planning projects have addressed nearly
every region in the U.S. In support of our clients’ current
operations, Bancography performs primary marketing research to
measure customer experience and brand awareness.
For more information, visit bancography.com, connect with us on
LinkedIn or contact info@bancography.com.
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