More than 20 financial institutions have signed up to use integrated services from Open Solutions Inc. and uMonitor since the pact was announced last spring, the companies said.
Memphis-based uMonitor's account opening, funding and transfer solutions are being marketed as an integrated part of Open Solutions' core processing, online banking, check imaging and loan origination solutions.
Users of the combined solutions include $598 million Meritrust Credit Union in Wichita, Kan., and $185 million CDC Federal Credit Union in Atlanta.
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"Our clients need solutions that provide new business opportunities as well as operational efficiencies," said David Mitchell, chief marketing officer at Open Solutions in Glastonbury, Conn.
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