Akcelerant said it added 16 new customers in the first half of 2011 as users of its lending and collections and other software products.
New customers of the Frameworks collections software included the $5.4 billion American Airlines FCU in Fort Worth and the $4.3 billion Randolph-Brooks FCU of Live Oak, both in Texas, and the $2.1 billion Michigan State University FCU in East Lansing.
The Malvern, Pa., company said a number of its existing collections software customers also have begun using the company’s SOLUTION.LENDING loan origination system.
“Akcelerant’s strategy of offering two distinct product lines, each tailored to meet a different demographic, has proven successful over the last few quarters,” said Eric Snyder, vice president of business development at Akcelerant.
The company now has a second office in Vancouver, British Columbia, and said it has a client list of about 500 financial institutions in all 50 states and each of the Canadian provinces.