MountainOne had only been utilizing the Monarch platform for about one month before quickly reaping the benefits of the tool for other operational use cases. Litke used Monarch to quickly create accurate, random samples of accounts across various databases for core conversion data validation as well as extract data from multiple, disparate reports for loan insurance and cash transaction monitoring."We are amazed at what we've been able to accomplish in a very short time using Datawatch Monarch - and know that we've only scratched the surface in terms of how we can leverage its capabilities throughout the bank. Not only is the data prep software incredibly intuitive and easy-to-use, the Datawatch team took the time before I purchased the software to truly understand what problems we were trying to solve. That commitment to our success really impressed me, and was a big factor in my selection," added Litke. "Self-service data prep is most commonly thought of as a means to get data ready for analysis in an analytics platform or visualization tool, but as demonstrated by organizations like MountainOne, it also delivers tremendous operational business value," said Ken Tacelli, chief operating officer, Datawatch. "Only Datawatch Monarch enables organizations to bridge the data divide, giving business users the ability to access and merge all of the trusted data they need from any report or other data source. As a result, banks and credit unions are solving pressing data problems across planning and budgeting, reconciliation, audit, compliance, sales and much more - without the pain or cost of data warehousing initiatives." To learn more about Datawatch Monarch, visit: www.datawatch.com/our-platform/monarch/. About Datawatch Corporation Datawatch Corporation (NASDAQ-CM: DWCH) enables ordinary users to achieve extraordinary results with their data. Only Datawatch can unlock data from the widest variety of sources and prepare it for use in visualization and analytics tools, or for other business processes. When real-time visibility into rapidly changing data is critical, Datawatch also enables users to analyze streaming data, even in the most demanding environments, such as capital markets. Organizations of all sizes in more than 100 countries worldwide use Datawatch products, including 93 of the Fortune 100. The company is headquartered in Bedford, Massachusetts, with offices in New York, London, Frankfurt, Stockholm, Singapore and Manila. To learn more about Datawatch or download a free version of its enterprise software, please visit: www.datawatch.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any such statements contained herein, including but not limited to those relating to product performance and viability, are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. The factors that could cause actual future results to differ materially from current expectations include the following: rapid technological change; Datawatch's dependence on the introduction of new products and product enhancements and possible delays in those introductions; acceptance of new products by the market, competition in the software industry generally, and in the markets for next generation analytics in particular; and Datawatch's dependence on its principal products, proprietary software technology and software licensed from third parties. Further information on factors that could cause actual results to differ from those anticipated is detailed in various publicly-available documents, which include, but are not limited to, filings made by Datawatch from time to time with the Securities and Exchange Commission, including but not limited to, those appearing in the Company's Annual Report on Form 10-K for the year ended September 30, 2015. Any forward-looking statements should be considered in light of those factors. © 2017 Datawatch Corporation. Datawatch and the Datawatch logo are trademarks or registered trademarks of Datawatch Corporation in the United States and/or other countries. All other names are trademarks or registered trademarks of their respective companies.
Media Contact:Amanda BeaupreMarketing Communications Manager, Datawatch Corporationamanda_beaupre@datawatch.com 978-275-8387Twitter: @datawatch