G&F Financial Group, a Canada-based credit union, has deployed DNA core platform from Open Solutions, a provider of technologies for financial institutions.
Built on centralized Oracle relational database, the DNA platform provides the flexibility necessary for running a service-oriented financial institution and helps credit unions streamline both front- and back-office processes and creates a centralized view of members, employees and business partners.
In addition, G&F elected to outsource the system, transferring the day-to-day responsibility of running it to Open Solutions’ Vancouver Data Centre to focus fully on serving their members.
Richard Davies, CEO of G&F, said: “We selected Open Solutions in 2006 because we knew their technology was the future of banking and we wanted to take part in the evolution of core systems in the Canadian market.
“Since the upgrade, we have increased functionality and flexibility, improved workflow and efficiencies, and can now maintain a 360-degree view of our members. We’re very pleased with this latest release and proud to have played a part in its Canadian expansion.”