PLEASANTON, Calif. -- Harland Financial Solutions is best knownin the credit union industry on the core processing side for itspopular UltraData system, but a new core offering for credit unionsis on the way.

Harland Financial Solutions said today that it is launching anew system that will build off the technology framework of itsPhoenix System. Harland acquired the Phoenix System from Fair Isaacback in 2004. Phoenix is used by 75 banks in the U.S., 75internationally, and 40 credit unions in Australia.

"It really is open technology. It is very much member, customercentric. It's a truly relational data base with the client at thecenter," said David McConney, executive vice president and generalmanager of Harland Financial Solutions' Credit Union Core SystemsGroup. "We have 10% marketshare in the $250 million and above [CU]segment. We want to protect that and grow that," he said.

The new system will be designed for CUs that offer morecommercial bank products such as business loans, mortgage lendingprograms, and others.

He noted that the new system, which has yet to be named, will inno way replace UltraData. Currently 615 credit unions are UltraDataclients. There will be four pilot UltraData credit unions for thenew system. They will help test and shape the system and willeventually migrate to it. The new system is expected to hit thestreets in 2009.