Overview:Zikher’s platform help small banks to streamline the loan, mortgage and account opening process to increase efficiency by cutting the time needed to process the application to one-fourth. Zikher’s proprietary analytics algorithms will help the institution with up-selling and cross-selling to their customer with “one click”, hence increasing bank’s assets and profits. Zikher will provide a high comparative advantage to credit unions, community and regional banks in US and Canada. The market size includes: • 6,818 Credit unions with the average of $2billion in assets per CU • 6,246 Community banks with the average of $6.5billion in assets per bank • 60 Regional Banks with the average of $30billion in assets per bank Banks spend about 30% of their total IT budget per year on Private Cloud and Market Analytics. This means banks have spent $19.44billion in Zikher’s market this year in the US alone and it is estimated by Celent, a prestigious financial research company, to increase by 5 percent every year.