STUART, Fla., Dec. 16, 2016 /PRNewswire/ -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF) announced that Mark Blanchette, vice president and director of Business Technology and Data Management, is the 2016 recipient of Ventana Research's Technology Leadership Award in Business Intelligence.
The prestigious annual awards by the business technology research and advisory services firm recognize business leaders who employ technologies and apply best practices to create the best possible outcomes in productivity, performance and support of an organization's goals and objectives.
Blanchette was recognized for his leadership in executing partnerships with Denodo, SAS and Tableau to set a standard of excellence for how community banks use advanced digital technology to improve customer satisfaction and overall business success. The award reflects his work to build a so-called logical data warehouse, or LDW, using the Denodo Data Virtualization platform. An LDW is a new data-management architecture for analytics that combines the strengths of traditional repository warehouses with alternative data management and access strategy.
Its LDW enables Seacoast to integrate data easily across cloud-based and on-premise information systems to deliver the aggregated data as logical data marts for analytical and reporting purposes. It has played a pivotal role in the bank's information delivery strategy and provides a secure, scalable and timely platform for operational reporting, dashboards and analytics.
"I congratulate Mark and the Seacoast team for their Leadership Award work, which advanced their bank's processes by using data and analytics efficiently for business intelligence," said Mark Smith, Ventura's CEO and chief research officer. By maximizing the use of technology vendors such as Denodo, to virtualize its data assets, Seacoast "was able to access needed information and analytics," he noted.
At Seacoast, Blanchette has turned an ad-hoc reporting team into a high-performance data-management team that has delivered over 15 process improvement projects and performed the integration work for Seacoast's soon-to-be-launched consumer credit card.
"I am honored," said Blanchette about his selection. "The quality work product and resulting business value could not have been accomplished without the support of Seacoast's executive management team and business unit leaders, as well as our technology partners. I am excited for what the future holds at Seacoast as we continue to embrace technology to transform our business."
The 2016 Leadership Awards cover 28 business and technology categories and are open for organizations across business and IT, technology vendors and consulting firms. Analyst reviews case studies and submissions are evaluated based on the stringent guidelines set out by awards program criteria.
About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)
Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $4.4 billion in assets and $3.5 billion in deposits as of June 30, 2016. The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, 52 traditional branches of its locally-branded wholly-owned subsidiary bank, Seacoast Bank, and five commercial banking centers. Offices stretch from Ft. Lauderdale, Boca Raton and West Palm Beach north through the Daytona Beach area, into Orlando and Central Florida, and west to Okeechobee and surrounding counties. More information about the Company is available at SeacoastBanking.com.
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SOURCE Seacoast Banking Corporation of Florida