SAN DIEGO — Symitar's Episys core processing platform continues to dominate the standings in Callahan & Associates' annual list of core processing system adoptions.
For the seventh straight year, the Symitar solution was the most widely adopted platform in the 2006 Credit Union Technology Survey from Callahan (www.creditunions.com), which confined its list to credit unions of at least $25 million in assets.
According to the 2006 book, 36 of the 146 credit unions that converted to a new core platform in 2005 went with Episys, three times the number that chose the second-place finisher in the list of 19 competitive platforms.
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There now are 424 credit unions running on Episys, the publication says, more than the next five most-widely adopted core platforms combined, and 30 of the 107 credit unions of $1 billion in assets or more are Episys users.
"It is extremely rewarding to once again have our progress, competitive position, and industry leadership validated by the results of Callahan's impartial survey," says Jack Prim, CEO of San Diego-based Symitar's corporate owner, Jack Henry & Associates (www.jackhenry.com).
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