Orlando, FL (PRWEB) September 07, 2012
CCC Van Wert Credit Union in Ohio and Concora Wabash Federal Credit Union in Indiana have selected the OASys core data processing system citing disaster recovery benefits as a key to their decisions. The product is offered by CUtopia; a division of Worldwide Interactive Services, LLC. Both credit unions previously used CuServ ™ from Harland Financial Solutions.
The critical nature of disaster recovery has become an increasingly major focus of all sized credit unions in the past few years. Not only related to security breach and downtime issues, but also the impact natural disasters and unexpected events can inflict on operations. “The OASys hosted solution will relieve us of the burden of disaster recovery and the feature/functionality of the system will automate many processes we currently perform manually," stated CC Van Wert CEO Pam Ehman.
With data centers in Orlando and Atlanta, OASys attains full redundancy within high security data centers. This makes the OASys solution easily transportable allowing credit union clients to re-establish operations by simply accessing the internet. It also makes disaster coordination easier through the use of a single vendor for both staff-facing (core) and member facing (web, mobile and telephone banking) services in a fully hosted environment.
Minda Parish, CEO of the 276 member, $1.2 million Concora Wabash Federal Credit Union commented that, “With the ever changing regulations and guidelines the government has placed on financial institutions, we felt that OASys offered the most compliant friendly program available. Our disaster recovery is already taken care of the day we go “live” allowing us to access and operate our system from any location. Credit union confidentiality will be easier with automatic name checks against the OFAC system. We’re just beginning to discover other features that will help make our operations run smoother and we can’t wait to get the system implemented,” stated Ms. Parish.
The OASys core processing system is designed for credit unions that are limited by their current system, yet require a low cost of ownership. The cloud based/hosted system provides operational flexibility and delivers a highly functional, reliable and fully compliant solution that is configurable to the credit union’s unique environment. Managers who still wrestle with manual functionality will welcome the automated features that include OFAC, end of day, credit bureau and call reporting as well as automated back-up. “Credit unions that need to stay competitive don’t need to settle for plain vanilla systems,” says Chris Pantaleon, Director of Business Development at CUtopia. OASys adds a new level of automation plus 24/7 live support and customer service, training and support, unmatched in the industry.
About CUtopia Solutions: CUtopia, provides a comprehensive, suite of technology services to small to mid-sized credit unions. From core data processing and audio response, to mobile and online banking, to check imaging and eStatements, CUtopia helps credit unions to compete effectively while streamlining their processes with state-or-the-art technologies and user-friendly solutions, As a credit union technology service provider, CUtopia’s goal is to enrich each individual credit union’s capabilities by offering proven solutions backed by a team of forward-thinking innovators with a spirit for service. CUtopia is a division of Worldwide Interactive Services, LLC, a respected banking and credit union technology company founded in 1995 that serves more than 300 credit unions and banks throughout the U.S. All CUtopia services are AICPA Service Organization Control Reports certified. http://www.cutopiasolutions.com – 888-596-4947