VALLEY FORGE, Pa. - Credit union data processor USERS announced that it has signed 50 credit unions to migrate to the Cache' post-relational database from InterSystems Corporation. Thirty of those CUs are now live with Cache'. "The ability for credit unions to choose an open database that is affordable, SQL compliant, optimized for on-line transaction processing, and uses object programming tools offers obvious advantages and opportunities," said Joe Barry, vice president of marketing for USERS. Cache' is a post-relational database that has been heralded for its efficiency in handling large volumes of transactions. It is in the mold of those from Oracle and Sybase, but cheaper, according to USERS. It is an open, non-proprietary database. USERS' clients are utilizing Cache' in a number of areas, but it has many benefits for supporting e-commerce applications. Carrie Mansueti, manager of information systems for 1st Advantage CU, Newport News, Va., said Cache' has helped the CU cut back-office processing time by 40% initially, and 20% reductions over time as the database has grown in size. USERS is a Fiserv subsidiary. For more information visit www.users.com
USERS signs 50 credit unions for Cache' database
Comments
Resource Center
View All »How Enterprise Software Helps Financial Services Firms Improve Efficiency and Reduce Costs
This white paper describes how enterprise software solutions, when built on a flexible and adaptable technology platform, can help financial services firms streamline workflows, consolidate...
Getting Ready for IFRS
This white paper describes how your company can make the transition to IFRS in a timely and cost efficient manner as well as what your...
