OSI, uMonitor Partner for Joint Offerings

GLASTONBURY, Conn. -- Open Solutions Inc. is integrating the account opening and funding solutions from uMonitor into the Connecticut-based company's core processing systems.

The partnership means that the thousands of credit unions and banks running on Open Solutions platforms can use the uMonitor solutions to facilitate online account openings and enhance Internet banking and loan-decisioning systems, the companies said.

"This partnership creates unique opportunities for both companies to address the growing demands from financial institutions to expand online services," said Dinesh Sheth, CEO of uMonitor in Memphis, Tenn.

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