Envision Credit Union
Goes Live with Fincentric’s i-Wealthview Banking™
Vancouver, BC — November 25, 2002
– Fincentric Corporation, a leading global provider of enterprise
wealth management and core banking software, today announced that
Envision Credit Union is running live with the company’s i-Wealthview
Banking™ system.
As Canada’s third largest credit union, Envision
is using Fincentric’s i-Wealthview Banking system to consolidate
and transition away from multiple legacy banking systems onto one
single fully integrated platform. The new banking system will help
“break down” information silos to provide Envision’s
750 employees with a consolidated view of a customer’s existing
accounts and products.
TELUS Enterprise Solutions provided IT professional
services for Envision’s implementation and conversion onto
the i-Wealthview Banking system and continues to provide ongoing
application management and enhancement services, system operations
and telecommunication network provisioning and management.
"Our partnership with Fincentric has given
us the software tools we need to better manage and service our 100,000
members by providing a complete financial ‘snap shot’
of their holdings,” says Gordon Huston, Envision CEO. "This
‘snap shot’ gives us the ability to treat our customers
in a holistic way. We can better plan, forecast, recommend services
for each of our individual members. This ultimately strengthens
our ties with members and leads to higher customer retention and
loyalty."
Fincentric’s i-Wealthview Banking is a complete
front-to-back office banking system for financial institutions with
integration across multiple delivery channels, including Internet
banking. An online transaction-processing (OLTP) engine, designed
for high performance and high availability, completes the retail
core processing system. Fincentric's software features Customer
Value Management(tm) capabilities that enable the institution to
analyze the value of each customer, formulate strategies to maximize
their value, and increase customer retention.
"Envision is a forward thinking and technologically
innovative credit union ? which translates into the provision of
exemplary service for its members,” says Mike Cardiff, president
and CEO of Fincentric. “As one of the largest credit unions
in Canada, Envision is redefining how modern credit unions are able
to compete head-on with the big banks."
About Envision Credit Union
Envision Credit Union is a full-service credit union, created
in 2001 from the amalgamation of FIRST Heritage Savings Credit Union
and Delta Credit Union. Envision Credit Union, with over $2 billion
in assets and 100,000 members, operates 18 credit union branches
and 16 insurance offices throughout British Columbia’s Lower
Mainland and Fraser Valley, as well as north in Kitimat. The credit
union offers a full range of deposit, lending, and insurance services
to individuals and businesses. For more information, visit www.envisionfinancial.ca.
About Fincentric
Fincentric Corporation is a leading global provider of
enterprise wealth management and core banking software. Fincentric's
i-Wealthview™ wealth management software products include
'next generation' core banking, Customer Value Management™,
data aggregation, Internet and wireless financial portals and full
multi-channel support. Its revolutionary Customer Value Management™
capabilities provide profitability and relationship analysis that
allow financial institutions to recognize the value of each customer,
and maximize their profitability. Fincentric products enable financial
institutions to quickly deploy solutions for their converging financial
service offerings, while also supporting capabilities for increasing
customer profitability, customer acquisition, and retention. Fincentric
has approximately 300 customers worldwide, and has strategic relationships
with Microsoft, Compaq, and other international partners. For more
information, visit Fincentric's home page at www.fincentric.com,
or call (604) 278-6470.
Fincentric, i-Wealthview, i-Wealthview Banking and
Customer Value Management (CVM) are trademarks of Fincentric Corporation.
Media Contacts:
Fincentric Corporation:
Shella Evangelista
Media & Analyst Communications Manager
Fincentric Corporation
Tel: (604) 214-5710
|
|
|
