Stanford Federal Credit Union is replacing its 12-year-old core processing system from Open Solutions Inc. with the company's flagship DNA solution, the company and credit union said.
The new platform will replace the Wealthview Banking System the 47,000-member credit union has been running since 1999 to process deposit and transaction accounts.
The DNA relational core platform is now in use at approximately 450 credit unions. Stanford FCU said it will run it in-house, along with ancillary solutions it chose including DNAvoice, DNAmobile, DNAweb, document management, business intelligence and marketing software. Stanford FCU will also implement the Automation Platform from Open Solutions alliance partner UC4.
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