Growing disadvantaged communities
When a financial organization wanted to improve how it grows disadvanted communities, we helped bring better data to investors.
CARS was created by the Opportunity Finance Network (OFN), a network of more than 160 private financial institutions. Their goal is to create financial growth that’s good for communities, investors, and the economy. Our goal was to help them achieve that.
Getting around the roadblocks
Prior to the project CARS was a manual system that wasn’t easily scalable. Its value was based on its ability to provide investors with timely and accurate information on CDFIs, but that wasn’t always happening. CARS needed a platform that gave them automated data import mapping and reporting, but without a formal IT organization, they weren’t in a position to efficiently build it.
First of its kind
“The Slalom team has been wonderful to work with from start to finish—we’ve loved working with our team; came back for a second round; and have been completely impressed with the new team. Slalom knows how to take care of its clients—you’re a partner, not just a vendor.”
Insight provided by CARS leads to more investments in CFIs, which puts money in the hands of people who can make a difference in the communities that need it most.