Open Solutions Touts App Store Growth
In-house developers from 38 countries have contributed so far to an app store launched last spring by Open Solutions Inc. to support users of its DNA core processing platform for credit unions and banks, the company said.
The DNAappstore and a software tool suite were rolled out as part of what Chairman/CEO Louis Hernandez calls his Glastonbury, Conn., company’s strategy to be a “disruptive leader” in financial services technology.
“Since its launch in May, DNAappstore has grown to include 92 DNAapps, 41 institutions have started the certification process to develop DNAapps, and we’re also seeing visitors from 38 countries, showing its true global reach,” Hernandez said. There have been 176 purchases so far, the company added.
Open Solutions platform users create the apps and upload them for use by other financial institutions, and contributions so far have included such items as a research tool that provides real-time snapshots of transactions.
The app store and the solutions can be used by other companies, too, such as client-owned COCC, which offers an outsourced version of the DNA platform to about 165 community banks and credit unions through its Avon, Conn., data center.