Federal regulator orders Symitar provider to resolve disaster recovery issues following Hurricane Sandy.
The $253 million Virginia-based credit union will convert to Symitar's Episys after running on Fiserv's DataSafe for more than 20 years.
Two credit unions commit to Symitar, while a third converts from one Fiserv platform to another.
UltraData loses two and CU*Answers gains two clients in this core conversion wrap-up.
Fiserv and Symitar dominate core processing for credit unions. Data from Callahan & Associates show just how much.
Built on Symitar's .NET architecture, CruiseNet includes integrated loan collections, relationship pricing, accounting, automated reporting and workflow options.
Build a better mousetrap and they will download it. Monetize it, and the proposition becomes even more enticing.
Core processors are helping credit unions streamline operations with new apps and products.
The $217 million Massachusetts credit union had been running on Fiserv's DataSafe system.
Fiserv and Symitar dominate the credit union core processing business above and below the $1 billion mark.