Summit will use its next-generation data and operations centre in Burnaby to host, maintain and manage the servers, core applications and network infrastructure related to the Summit iSpectrum banking system for Valley First.
iSpectrum, a banking system designed specifically for Canadian credit unions. The iSpectrum platform will encapsulate internet-based technology. The browser-based architecture uses the internet standards, making integration with third-party solutions easier than before. The open Oracle database will provide the credit union with access to member data, while 128-bit SSL encryption and multilevel authentication will keep data secure from unauthorized users.
Harley Biddlecombe, president and CEO of Valley First, said: A key benefit of the Summit resource management arrangement is that we will continue to own and control our banking system’s IT infrastructure, letting us integrate with applications we develop, quickly respond to internal requirements or upgrade or change hardware whenever needed.
