Fraser Valley Edelweiss
Credit Union Now Live on Fincentric i-Wealthview Banking Software
Vancouver, BC — January 28, 2002
– Fincentric Corporation, a leading global provider of wealth
management and next generation banking software, announced today
that Fraser Valley Edelweiss Credit Union has fully converted its
core banking platform to Fincentric’s i-Wealthview Banking™.
The i-Wealthview system, running live since January 21, 2002 as
scheduled, encompasses full banking functionality including core
processing, back-office transaction processing and Internet banking.
The credit union is running the newest version of i-Wealthview,
version 3.5, released in December, 2001.
Fraser Valley Credit Union and Edelweiss Credit
Union merged in May 2001, to form the Abbotsford BC-based financial
institution aimed at servicing its members in British Columbia’s
Fraser Valley and lower mainland communities. It has 14 branches
and manages combined assets of over $1 billion (CAD).
i-Wealthview Banking™ replaces Fraser Valley
Edelweiss’ previous banking system, and provides additional
functionality, enhanced Internet capabilities and increased performance.
Fincentric’s software also provides the credit union with
Customer Value Management™ capabilities, allowing it to analyze
the value of each member, formulate strategies to maximize their
value, and increase retention of their valued members.
Keith Puiu, President and Chief Executive Officer
of Fraser Valley Edelweiss Credit Union said, “We are extremely
pleased with our conversion to i-Weathview Banking, which provides
us with state-of-the-art functionality on a highly reliable, industry-proven
platform. The team at Fincentric was diligent in meeting their deadlines
and commitments with regards to the product, their professional
services and pre-launch testing—ultimately this lead to a
smooth transition. With Fincentric, we will continue building upon
our platform for banking and member services.”
Mike Cardiff, Fincentric President and CEO, said,
“We’ve worked closely with the team at Fraser Valley
Edelweiss during last year to determine their specific requirements
and objectives, and today they are live with the full functionality
of our core banking system, i-Wealthview. As they move forward on
our platform they will be able to analyze their customer relationships
and develop strategies for growth in membership and retain more
members through superior financial products and services.”
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
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