FedComp's Next Generation Hits 600
FAIRFAX, Va. - FedComp Inc. said that it has now sold its newest core processing system, The Next Generation (TNG) to more than 600 credit unions in the 18 months or so since it was introduced. Four hundred of those installations have been completed. FedComp has more than 2,500 CU and financial cooperative clients worldwide using its core solutions and the open-architecture. The TNG in-house system is intended to help the firm establish itself with increasingly larger financial service institutions.