VSoft Lands First CU Client for New Core Solution
Imaging specialist VSoft Corp. has landed its first credit union user of its new core processing platform.
The $46 million UCF Federal Credit Union in Orlando, Fla., will use the CoreSoft solution through the Atlanta-based company’s data center in Davenport, Iowa.
VSoft developed CoreSoft in cooperation with a Virginia bank and rolled it out last summer, selling it first into the community bank market.
The browser-based CoreSoft solution uses a centralized relational database to drive an open platform that provides real-time, high-volume performance and additional capabilities, the company said. It’s available in cloud, hosted or in-house versions.
“Implementing CoreSoft enables us to drastically improve productivity and add creative, robust products and services that directly benefit our members,” said Mike Murray, president of UCF FCU.
The 4,000-member credit union serves the University of Central Florida and currently operates on a Fiserv XP2 core platform, according to the Callahan & Associates’ technology survey.
UCF also will use VSoft’s remote deposit capture solutions, including mobile capture, and its item processing and imaging products, the company said. VSoft said it now has Check 21 solutions in place at more than 4,000 credit union branches and an international client list of more than 1,900 financial institutions.