It is a brutal battleground.
When a credit union's core system, its single most expensive piece of equipment, is up for grabs, there are dozens of companies that want that business.
Buzz aside, there are few competitive core conversions in any year. David Gibbard is a former senior vice president at Birmingham, Ala., core system company EPL, and is now an independent consultant in Atlanta. He said this year there will be 40 to 60 competitive conversions. He also said that number had ticked up because suddenly, credit unions find themselves putting more demands on cores, for everything from mobile payments to collections, and in some cases, older cores are proving inflexible.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
