The $200 million Momentum Credit Union in Hamilton, Ontario, hasdeployed the new Acumen core banking solution from Fiserv Inc., thecompany and credit union said.
|The new platform replaced two core processing solutions that hadbeen in place since the incorporation of a second credit union lastDecember, they said. Streamlined processing and scalability werecited in the selection.
|“We simultaneously completed two system conversions with littleimpact to our 11,000-plus members – the implementation of Acumenwas a success for our credit union,” said Malcolm Stoffman, thecredit union's CEO.
|Momentum also implemented other Fiserv solutions during theprocess, including audio response and accounting products.
|Acumen was rolled out in late 2009 as a new, open platform based on Internettechnologies. It has now been sold to about 25 Canadian andAmerican creditunions.
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