Open Solutions Inc. has expanded its re-seller relationship with uMonitor, the Memphis-based account acquisition and funding specialist, the companies said.
The new agreement, announced at the BAI Retail Delivery Conference & Expo in Boston, calls for Open Solutions to re-sell all three uOpen and uFund deployment options from uMonitor: the Go-to-Market Solution, the Plus Solution and the Total Solution.
To expand the self-service channel, uMonitor's uTransfer, uView and uSwitch products also will be part of the re-selling agreement.
Earlier this year, the companies said more than 25 credit unions and banks already had begun using uMonitor's uOpen and UFund solutions with Open Solutions' core systems.
Credit unions comprise about half of uMonitor's client list of 125 financial institutions, the company said. Connecticut-based Open Solutions serves about 5,400 financial institutions, including about 460 running its flagship DNA enterprise processing platforms for credit unions and community banks.
