Thousands of financial institutions fax, email and enter rates, fees and specials
into our system daily. Specially trained and assigned market research teams verify
this data and contact any institutions who require updating or clarification. Copious
notes, numerous quality controls and systematic procedures are in place to support
our
100% Accuracy
Guarantee.
It’s right or it’s FREE. It’s that simple.
Click here to learn more.
We give you a standardized, market driven benchmark to compare against. Datatrac's
consistency will allow you to base decisions on data and market conditions rather
than instinct or emotion. Having a benchmark will help you set and explain your strategies
with fellow pricing committee members, examiners and frontline staff. Datatrac also
establishes a baseline to compare your performance against over time.
Constantly. Our data is being updated all day long every business day. You know about
changes just as soon as we verify them. Rates are updated in real-time on RateDexPro
for instant access by you. Changes in your local rates are summarized each night and
distributed to you in a daily RateAlert. If for some reason an institution has not
updated its rates, we call them to make sure you have the most current data in your
report.
Datatrac monitors 20,000 financial institutions. Chances are we already monitor
your competition in your market. If an institution you want tracked is not in our
system, we'll be happy to work with the institution to add them to our database.
Datatrac monitors the most
highly requested products in all areas of retail and commercial
banking. If a product you want tracked is not on this list, we'll be happy to add
it to our database.
Datatrac standard products include over
70 different fee products. If there are fees
or product features you want monitored that are not on the list, no problem. Just
talk with one of our Research Consultants at 800-257-7101 extension 4 and we'd be
happy to quote it for you.
Yes. Current specials, effective dates, relationship pricing and unique marketing
features all are included in your reports. In addition, for variable-rate loans, such
as home equity, details on rate indexes and spreads used by your competitors are provided.
We'll add them! If it's not in our system, we'll add them to our database.
Our database is updated in real-time and available to you 24/7/365 via RateDexPro. Your meeting
ready reports such as RateIntelligence Reports are prepared on the day of the week
and the frequency (e.g., weekly, biweekly or monthly) you choose.
Datatrac has six standard formats and three file types (PDF, Excel spreadsheet, ASCII
data file), however, your data can be customized in any format you specify.
- RateDexPro is an interactive database that allows you to query, sort, graph and export
data on any institution in any market.
- Rate Intelligence Reports are customized rateshops of competitors and products you
specify. These reports are designed to be meeting ready to give you the competitive
information you need at a glance for your pricing decisions.
- RateAlerts are daily emails alerting you to rate changes and new specials in your
local market for your area of interest, including retail deposits, mortgages, consumer
loans, credit cards and jumbo deposits.
- Specialty Reports are custom research reports designed to your specification.
Please
click here for a detailed description of all Datatrac products.
You can monitor any number of institutions anywhere. RateDexPro gives you access to
search our database of over 20,000 institutions nationwide. Our meeting-ready RateIntelligence
Reports include any competitors you require.
Typically, you know your competitors and what product you want to monitor in your
report. However, If you need assistance selecting products or institutions in a market,
Datatrac can query its extensive database to inform you of whom your competitors are
monitoring most often.
Absolutely! Datatrac's research teams are specially trained to help you solve your
research question with our specialty reports.
Examples include:
- "It's IRA season, what are my competitor's rates?"
- "What are our competitors charging for SBA backed business loans?"
- "What is the average earnings credit and monthly business checking fee in our market?"
- "How are money market rates tiered in my market?"
- "How do my competitors segment their checking products?"
- "We're starting an indirect lending department. What are competitors charging?"
If you have a specific question, let us know. Datatrac has a "can do" philosophy to
continually meet your changing needs. Please contact a Datatrac Research Consultant
at 800-257-7101 extension 4 for a customized proposal.
Three very good reasons:
1) Experience: You get Datatrac's 20 years of experience in the research business.
2) Accountability: It's right or it's free. That's our
100% Accuracy
Guarantee.. You won't
get that level of assurance with research conducted by in house staff.
3) Price: Since we collect data for thousands of institutions, the cost is being shared
among our customers. If you do your own research in house, you bear the entire cost.
Datatrac is a proven industry resource serving over 10,000 financial executives and trusted provider to the industry's
top trade associations and governing organizations. Our data is backed by a
100% Accuracy Guarantee.: It's right or it's
free, and our price is less than you could do it for in house. Why wouldn’t you choose Datatrac?
To order or learn more,
click here or call a Datatrac Research Consultant at 800-257-7101
extension 4.