– Merger analysis and market evaluation tool selected for its comprehensive analysis capabilities –
BIRMINGHAM, Ala. (Sept XX, 2024) – Bancography, a financial services consulting firm, was named Best of Show at this year’s FinovateFall for its Bancography Plan software tool.
Bancography President and co-founder Steve Reider demoed Bancography Plan, a software tool that 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. Bancography Plan also enables users to evaluate potential merger candidates, providing a prospective combination of any two institutions, identifying overlapping branches, forecasting probable attrition from closed branches and estimating the likely financial impact under an array of expense-reduction scenarios.
“Congratulations to Bancography for winning Best of Show,” said Greg Palmer, Host of Finovate. “They were selected on the basis of demo quality and potential impact of the innovation. It’s clear that the industry is excited about a solution like Bancography Plan.”
Audience members named Bancography as one of eight Best of Show winners; others included CardLift, Credit Mountain, Delfi Labs, Eko Investments, Illuma, Nest Bank and Efigence, and Themis. FinovateFall showcased more than 65 short-form live demos of emerging technology solutions.
“We are honored to be awarded Best of Show by our peers at an industry-leading event,” Reider said. “This recognition underscores the importance of a tool like Bancography Plan, which helps banks and credit unions make informed branching decisions. As a first-time attendee and winner, we are proud to win this award and look forward to continued momentum in the industry.”
The full list of winners can be viewed by clicking here.
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.