Open Solutions Inc. said more than 900 applications have nowbeen downloaded from its DNAapp store since the service launched inMay 2011.

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The app store allows clients, partners and independentdevelopers to create and share DNAapps to extend the functionalityof the Glastonbury, Conn., company's DNA core processingplatforms.

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“Having access to DNA's open technologies has been like being akid in a candy store,” said Charlie Lai, chief information officerat the $1.7 billion FAIRWINDS Credit Union in Orlando,Fla. He said his credit union recently created a multi-accountquick origination app that reduces the time it takes to openmultiple new accounts by 90%.

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FAIRWINDS can sell the app on the site. The $3.5billion Redstone FCU in Huntsville, Ala., in fact, launched a consultancy in June to market the applications ithad been selling on the DNAapp site.

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“With regulations, margin compression and channel proliferationmaking it more difficult for community-based institutions tocompete, collaboration has become essential to help theseinstitutions accelerate innovation, reduce costs and strengthenrelationships,” said Louis Hernandez Jr., Open Solutions chairman/CEO.

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“By working together, we can outperform, out-innovate and bemore efficient than the largest financial institutions in theworld,” Hernandez said.

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Open Solutions competitor Symitar opened its own app store this summer. COCC, which runs the OpenSolutions platform through its service bureau, did the samelast fall.

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