Moving From Reactive to Proactive: Colony American Finance Partners with Big Squid to Harness the Power of its "Predictive Toolkit" From the Domo Appstore
Salt Lake City (PRWEB) June 02, 2016 -- Today Big Squid announced that Colony American Finance, a provider of acquisition loans, long-term debt financing for portfolios, and nonrecourse residential real estate financing for investors, has partnered with Big Squid to be among its first customers to leverage the company’s Predictive Toolkit™, a forward-looking software application built on Domo’s business optimization platform. The Toolkit puts the power of predictive analytics into the hands of business users, allowing organizations to scale their data scientist resources and leverage their data to form insights on future business trends and projections.
As a company fully leveraging cloud-based technology, the team at Colony American Finance recently implemented the Domo platform to acquire, integrate, disseminate, and synthesize data points from platforms like Salesforce, Facebook, Pardot, Twitter, LinkedIn, Zillow, and other critical business, financial, and marketing applications.
“In addition to the announcement of the Business Cloud at Domopalooza earlier this year, one of the other exciting developments is the development of the Big Squid app for Domo, which provides fully-integrated predictive analytics capability to further enhance our business intelligence program,” says Matthew March, CIO at Colony American Finance. “Enabling predictive analytics and machine learning is the ultimate goal of any advanced business intelligence program. We are excited to be an early adopter of this powerful platform that will empower Colony American Finance to further leverage one of our most important assets – our data.”
Big Squid announced the Predictive Toolkit™ beta release earlier this year at Domopalooza, Domo’s annual user conference. Chris Knoch, CEO at Big Squid, highlighted the capabilities of the app on the main stage and announced the availability of the Toolkit within Domo’s Appstore. Colony American Finance is among several early adopters of the software, and Big Squid is leveraging input from companies such as Colony American Finance to rapidly enhance the robust predictive app to help executives gain greater insight in planning the future of their business.
“We’re delighted to have Matthew and the team at Colony American Finance as one of our early customers of the Predictive Toolkit,” Knoch said. “Matthew has been full-steam ahead since seeing the Toolkit at Domopalooza, realizing the app can apply predictive modeling across multiple business channels, all within Colony’s existing Domo framework. We’re thrilled to be working together.”
Recently Domo launched the Domo Appstore with more than 1,000 business management apps. These apps are a mix of free and premium pre-packaged solutions that are easy to discover and use, enabling any decision maker to get real-time answers to their specific business questions.
“Domo and Big Squid have partnered together to engineer a powerful, fully-integrated solution that provides ease of use, a robust user interface, and a solid customer experience,” states Vurn Saeturn, Sr. Business Intelligence Architect at Colony American Finance.
About Colony American Finance:
Colony American Finance is a specialty finance company that provides a range of debt products to residential real estate investors. The company offers portfolio and single asset term loans for stabilized rental properties as well as short-term credit lines for acquisitions. CAF was founded in 2014 to finance single family, townhome, condo and small multifamily properties for customers nationwide. Its products are tailor-made for investors and it provides attractive rates, rapid timelines and closing certainty. The company works directly with borrowers as well as with brokers and correspondent partners. For more information, visit http://www.colonyamericanfinance.com.
About Big Squid:
Big Squid specializes in all aspects of Business Intelligence, Data Sciences and Predictive Analytics. The company is a Premier Domo Partner that develops and implements innovative solutions that assist business users in identifying and answering their most key business questions, and has successfully engaged over 300 customers on strategic Domo deployments. For more information, visit http://www.bigsquid.com.
Haley Castillo, Big Squid, http://www.bigsquid.com, +1 770-548-1281, [email protected]
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