FRISCO, Texas – IntegraSys has completed beta testing of its newest core processing platform and is now offering it to the small- and mid-sized credit union market. Called CubicsPlus, the new solution is expected to replace the CUBICS platform IntegraSys had installed in more than 200 credit unions when Fiserv bought the operating unit from EDS. CubicsPlus was beta tested by 14 credit unions and has been ordered by more than 130 current CUBICS users, IntegraSys officials said. They said the new platform was built on Microsoft's .NET framework and SQL 2000 database, allowing easy access to complete member profiles and third-party applications, and is the second that IntegraSys has released since adopting its current service-oriented architecture strategy. It's intended to provide small and mid-sized credit unions affordable advanced features and flexibility, using a standard XML interface that also facilitates a user-friendly look and feel to Windows users. "Our decision to completely rebuild CUBICS from the ground up fulfilled a promise we made to our clients," said Dave Campbell, IntegraSys' senior vice president and general manager for CubicsPlus. "As competition grows fiercer, the capabilities of this new technology will allow smaller institutions to compete on a more even level with banks and larger credit unions," Campbell said. He said the CubicsPlus allows credit union staff to open and manage accounts, process loans and deposits, and handle other member-relationship and accounting functions with "little or no training." The open interface of the .NET-based platform also allows credit unions to seamlessly integrate new services such as asset and liability management, online lending and bill payment, which employees can then access by simply changing screens, not applications, the company said. "CubicsPlus is easy to use, and will help us grow, become more competitive and plan for the future," said Tootie Holmes, president of IEC Federal Credit Union in Springfield, Ill. The $12.2 million, 2,100-member CU has been a customer since 1994 and was one of the 14 beta sites. -
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