Banking and Credit Union Software Provider Worldwide Interactive Services Acquires Alternative Computing Environments

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Worldwide Interactive Services, LLC (WWIS) announced today, that it has acquired Alternative Computing Environments (ACE), a privately held software firm that offers reconciliation and investment modules as well as integration consulting services to credit unions. ACE products will be integrated with WWIS’s CUtopia core data processing system, OASys and credit union automation software.

Entering their 20th year, WWIS offer a comprehensive suite of software and technology solutions to financial institutions throughout the U.S.

Combined with ACE products, CUtopia's software suite and OASys core data processing system will open up an entire array of new product integration opportunities for our clients.

Worldwide Interactive Services, LLC(WWIS) announced today, that it has acquired Alternative Computing Environments(ACE), a privately held software firm that offers reconciliation and investment modules as well as integration consulting services to credit unions. ACE products will most directly benefit and be integrated with WWIS’s CUtopia core data processing system, OASys and credit union automation software that offers a comprehensive suite of technology and member service solutions to credit unions. ACE will be relocating its offices to WWIS corporate offices in Orlando, FL.

Founded in 1990 by Mr. Raymond McNeice, a 40 year pioneer of the data processing and credit union services industry, ACE offers an array of automated modules that include ATM and check reconciliation, investment, charge off and negative share balance tracking, BSA and escheat reporting as well as an automated safety deposit box inventory system. The firm currently services more than 80 credit unions in 30 states. “Integrating our two credit union product lines is a perfect fit, commented John Pantaleon, President of WWIS. Our clients will see ACE products integrated into our OASys core data processing framework bringing us ever closer to our goal of being the industry leader in delivering and supporting a full range of innovative technology and affordable financial services and products for credit unions. I’m just as excited to have Ray joining our team and we are already talking about some innovative ideas that will help our clients better serve their members, he said.” Mr. McNeice will be joining the WWIS executive staff to ensure a smooth transition and service continuity for ACE clients.

“This is not a decision I made lightly. I see CUtopia as a perfect complement to ACE both in products and culture and believe my clients will benefit greatly from the expanded breadth of product and service offerings in the CUtopia suite of products,” stated Mr. McNeice. As WWIS enters their 20th year servicing the financial industry, CUtopia offers a comprehensive suite of technology and member service solutions to over 350 credit unions. From core data processing and audio response, mobile and online banking, to check imaging and eStatements, CUtopia’s eSuite of services helps credit unions compete effectively while streamlining their processes with a consolidated, cost-effective alternative to the plain “vanilla” core credit union systems currently offered. All CUtopia services are AICPA Service Organization Control Reports certified.

About Worldwide Interactive Services, LLC: WWIS is a respected banking and credit union software technology company founded in 1995 serving credit unions and banks throughout the U.S. The firm provides voice and internet software as a service (SaaS) solutions that connect people and information. Since 1995, we have processed millions of transactions for the financial, insurance, telecommunications, retail, and government sectors resulting in both improved customer service and operational efficiency. Through its credit union brand, CUtopia, offers a comprehensive array of technology and member service solutions to approximately 350 credit unions. The privately held company is based in Orlando, Florida. http://www.worldwideinteractiveservices.com

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Chris Pantaleon

Chris Pantaleon
@CUtopia_
since: 02/2011
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CUtopia, a division of Worldwide Interactive Services
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