With its function-rich RFS core banking solution, CGI will deliver
processing services to the desktops of Vernon Credit Union’s employees using
its innovative Web-enabled employee portal. Not only will the employee portal
support traditional banking transactions, this new intranet platform will also
integrate Customer Relationship Management (CRM), loans origination with on-
line loan decisioning, and other productivity tools used by Vernon’s staff on
a day-to-day basis.
In addition to being able to provide access to multiple back-end
databases in an integrated and user friendly manner, delivering solutions
using the Internet protocol will also decrease the client’s costs by
optimising the telecommunications infrastructure. Vernon Credit Union provides
services to some 10,000 credit union members in British Columbia and will be
using the Web-enabled banking solution during the second quarter of 2002.
By having our functions accessible to all employees via a Web-enabled
environment, we are well-positioned for future growth and have the needed
flexibility to expand our branch service delivery capability. And by operating
through Web browser access, we are effectively eliminating major overhead
costs by having one portal for all employees, said Murray Clare, general
manager, Vernon Credit Union.
Michael Roach, CGI’s president, Canada and Europe added: We are very
pleased about our continued partnership with Vernon. This win clearly
demonstrates our expertise in the credit union space as we continue to deliver
flexible, industry-focussed solutions to credit unions in North America.
CGI’s RFS solutions form the backbone of many credit unions and regional
banks and together with its switching services CGI provides services to over
2,300 institutions making the firm one of the largest providers of consulting,
integration and operational services to the credit union industry across North
America. CGI’s recent acquisition of Detroit-based C.U. Processing and
California-based CyberBranch further expands and broadens its North American
reach as well as adding 8 regional data centers across the US.
SOURCE: COMPANY PRESS RELEASE
