VANCOUVER, British Columbia -- Canada's largest credit union is the first to use the Master Data Service platform from Chicago-based Initiate Systems Inc.
Vancouver City Savings Credit Union will use three of the platform's solutions to help executive regulatory compliance programs, support marketing initiatives and enhance member service, the company and credit union said.
The solutions combine to give $14 billion Vancity a single, comprehensive view of its membership across all its lines of business, the company and credit union said.
Vancity has 59 branches in Western Canada and about 400,000 members. The credit union also owns Citizens Bank of Canada, which serves members nationwide through the Internet, ATMs and by telephone.
Initiate Systems has six clients in the financial services sector and four in the insurance industry, the company said.