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Many credit unions recently completed or signed for core system conversions and other major technological upgrades over the past few months. Here’s a look at some of the latest technology moves.

The Carmel, Ind.,-based Baker Hill announced that the $1.2 billion, Winston-Salem, N.C.-based Allegacy Federal Credit Union selected its portfolio risk management solutions. The credit union will leverage the Baker Hill Statement Analyzer, a web-based financial analysis tool, enabling Allegacy to better understand commercial clients’ credit risk; and Exception Advisor, which protects the quality of the credit unions’ commercial loan portfolio through continuous, automated monitoring of document, policy, compliance and exception management.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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