Corelation Inc. said its new KeyStone core processing platform is now live at an Alaska credit union and has been contracted to another credit union in Georgia.
The conversion at the $41 million ALPS FCU in Sitka was the first done through Corelation's partnership with Wescom Resources Group, the company said. ALPS also will be using that CUSO's service bureau solution for computer operations staff, network management and COLD storage.
Meanwhile, the $77 million Georgia Heritage FCU in Savannah plans to go live on the KeyStone platform in July after 20 years on its current Fiserv Spectrum platform, the company said. ALPS FCU also was a Fiserv Spectrum user.
Corelation's KeyStone system will allow the credit union to bundle technologies such as teller, lending and collection platforms without the need for third-party applications, lowering costs and allowing Georgia Heritage to move on its plans for branch expansion, it said.
San Diego-based startup Corelation said its platform is now live at four credit unions and scheduled for installation at seven more.
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