|
FOR IMMEDIATE RELEASE
Contact:
Marvin (Mickey) Goldwasser
Open Solutions Inc.
860.652.3153
mgoldwasser@opensolutions.com
Mid-Atlantic Corporate Federal Credit
Union Chooses Open Solutions For
Enterprise-Wide Data Processing
- Corporate credit union
seeks open platform to support other systems -
GLASTONBURY, Conn.,
March 13, 2008 –Mid-Atlantic
Corporate Federal Credit Union, based in Middletown, Pa., recently
selected Open Solutions Inc.’sÒ latest version of its’ popular relational core
data processing platform -- The Complete Credit Union SolutionÒ:DNA to efficiently address its
enterprise-wide data processing needs. Open Solutions Inc. is a leading provider
of integrated enabling technologies for financial institutions in the United States, Canada and other international markets.
As a corporate
credit union, Mid-Atlantic serves 1,050 other credit unions and has more
than $3.3 billion in assets.
“We are highly
Web-based and we needed a core system that works in this type of
infrastructure,” said Jay Murray, president and COO of
Mid-Atlantic. “We also needed a solution that would easily
interface and integrate with our other systems. Open Solutions’ open
relational architecture was the basis of our decision to select the
company’s core data processing platform.”
Built on a powerful OracleÒ relational database, The Complete Credit Union
Solution’s open architecture and member-centric platform is
designed to help credit unions streamline both the front- and back-office
applications with a strong focus on member service. The Open Solutions
core platform offers credit unions a centralized relationship-based view
of its specific relationships with members, employees and business
partners.
In addition
to The Complete Credit Union Solution: DNA data processing
platform, Mid-Atlantic will be implementing Open Solutions’ full
cView CRM suite, Digital Document Systems, Financial Accounting Suite
including general ledger, and ProfitVision™ and the Channel
Management Center (CMC) Toolkit.
“With
Open Solutions’ platform, we expect better integration across all
platforms and the ability to offer more innovative products more quickly
to our member credit unions,” said Murray. “Through cView, we
will consolidate all of our member data into one database as well. We
have three locations that we pull data from, and this will simplify our
ability to gain a complete view of our members with a quick snapshot on
one screen.”
“Open Solutions strives to provide a comprehensive,
enterprise-wide data processing solution that allows corporate credit
unions like Mid-Atlantic to deliver customizable products and services to
its member credit unions,” said Louis Hernandez, Jr., Open
Solutions chairman and CEO. “With our open platform, our clients
can remain shoulder to shoulder with emerging technologies. As the
industry evolves, we believe Mid-Atlantic will be in the position to take
advantage of our suite of features and functionality which have been
designed to help them to meet their strategic goals and goals of their
member credit unions are continually met. We look forward to working
closely and providing Mid-Atlantic with the variety of focused- solutions
necessary to expand its services and to continue to offer the outstanding
service to the credit unions that Mid-Atlantic has garnered an
industry-wide reputation for.”
About Open
Solutions Inc.
Open
Solutions Inc. offers a fully-featured, strategic product platform that
integrates core data processing applications built on a single
centralized Oracle relational database, with Internet banking, cash
management, CRM/business intelligence, financial accounting tools,
imaging, digital documents, Check 21, interactive voice response, network
services, Web hosting and design, payments and loan origination
solutions. Open Solutions’ full suite of products and services
allows banks, thrifts, credit unions and financial services providers in
the United States, Canada and internationally to better compete in
today’s aggressive financial services marketplace, and expand and
tap their trusted financial relationships, client affinity, community
presence and personalized service.
For more
information about Open Solutions or its financial product line, contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com,
by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open
Solutions’ Internet site at www.opensolutions.com.
Open
Solutions Inc. and The Complete Credit Union Solution are
registered trademarks of Open Solutions Inc. All other company and
product names may be trademarks of their respective owners. Copyright
2008 Open Solutions Inc. All rights reserved.
###
Editor’s
Note: The correct usage of the company name, Open
Solutions Inc., is either referring to it as Open Solutions Inc. or Open
Solutions. Open Solutions no longer uses the acronym of OSI to refer to
the company.
###
To ensure
delivery to your inbox,
please add pressreleases@opensolutions.com
to your address book.
Copyright ©2008 Open Solutions Inc. All rights
reserved.
|