From Financialpost · · 1m
Vancity Chooses Temenos SaaS for Banking Upgrade
Canada's largest credit union picks Temenos SaaS to modernize core banking platform.
In brief
Canada's largest credit union picks Temenos SaaS to modernize core banking platform. Vancity selects Temenos SaaS to modernize its core banking platform and support growth. Originally reported by Financialpost.
Vancity Selects Temenos SaaS
Canada’s largest credit union strengthens its technology foundation to increase efficiency and support next phase of growth.
Vancity's Scale
Serving 588,000 members across three million accounts and reporting CAD $42.4 billion in assets.
Build-and-Migrate Strategy
Vancity will follow build-and-migrate strategy to introduce new digital banking capabilities while modernizing existing operations.
Core Banking Transformation
The program supports core banking operations across retail deposits, retail lending, corporate banking, and payments.
Cloud Deployment
Temenos SaaS deployed on Microsoft Azure provides scalable and resilient foundation for Vancity’s technology.
Vancity CTO Statement
Wendy Murphy, Vancity’s CTO, said banking technology needs to change to support members’ evolving needs.
“Banking is changing, and the technology behind it needs to change too.”
The headline
Vancity selects Temenos SaaS to modernize its core banking platform and support growth.
