Chances are your core is holding you back in more ways than you realize; Executives are often loathe to change their core systems because of how painful the process is, but it could be preventing them from offering key products and services

Chances are your core is holding you back in more ways than you realize; Executives are often loathe to change their core systems because of how painful the process is, but it could be preventing them from offering key products and services

The Baltimore-based Horsetail Technologies counts 80 CUs as clients, including the $175 million Riverfront Federal Credit Union and the $151 million The Partnership Federal Credit Union. Today, the new core provides servicing for share and loan products, new member and account workflows, loan origin...

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Bibliographic Details
Published in:Credit Union Journal 2017-06, Vol.21 (8), p.10
Main Author: King, W B
Format: Article
Language:eng
Subjects:
Credit unions
Electronic banking
Executives
Information technology
Mobile commerce
Third party
Online Access:Get full text
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Summary:The Baltimore-based Horsetail Technologies counts 80 CUs as clients, including the $175 million Riverfront Federal Credit Union and the $151 million The Partnership Federal Credit Union. Today, the new core provides servicing for share and loan products, new member and account workflows, loan origination, accounts payable, general ledger and ACH origination. With more than 12,000 members, Partnership utilizes Fiserv's XP2 core processing system, which Ortiz says is a robust system built with a relational database...
ISSN:1521-5105