If your Credit Union (CU) has decided to exit the Fiserv DataSafe Bank Application platform and adopt one of the newer core processing platforms designed specifically for Credit Unions, you are not alone. In fact, over the past few years, both Corelation Keystone and Symitar Episys have surpassed Fiserv as the processor of choice for Credit Unions with $500 million to $1 billion in assets.
According to Credit Union Times, Corelation Keystone tops the Core Processing market rankings for CUs under $1 billion, followed by Symitar Episys, Fiserv DNA, and the legacy Fiserv DataSafe platform. Keystone, the fastest growing of this group, is seen as the most modern and cost-effective processor with numerous advantages, including:
- ATM/debit cards
- User training and consulting
- System documentation
- Reporting information and management
- System architecture
- Relationship management
- Interoperability of 3rd party integrations
- General ledger
- Native application integration
- Disaster recovery
- Business continuity
As the great migration continues, one question invariably arises for CU decision makers. What shall we do with our Document Management System? For those using AX, the answer may be easier than you think.
ApplicationXtender Corelation Keystone Integration
AX can be optimized to work seamlessly with Keystone – helping to leverage and build upon your AX investment while further reducing your programming and operating costs.
“We have worked with Corelation Keystone clients to preserve the OpenText repository allowing the credit unions the ability to continue and maintain their document management platform (AX) and avoid new acquisition costs for selecting and migrating away from ApplicationXtender,” explains Rick Brillante, Vice President at CDM (and Former CIO at an International Bank).
This gives Credit Unions the power to leverage the great tools they already rely on and that their users are familiar with. CASO Document Management (CDM) typically upgrades AX in tandem with the bank application migration and can help with the transfer of images and data.
CUs can also leverage valuable add-on modules that make AX even better – including easy custom modules for Workflow Automation, Eforms Creation, Reports Management, DocuSign Integration, and more. Each solution is designed to boost efficiency, improve control over processes and records, and save you money.
As each business case is unique, you’ll want to talk with an expert on how to best leverage AX for Correlation Keystone or another application for your Credit Union. Talk with your document management partner today to see how ApplicationXtender Corelation Keystone can streamline your business processes, save you money, and future-proof your Credit Union for years to come.
“CDM makes it a seamless process for your Credit Union as we take the guesswork out of the equation so you can concentrate on the conversion tasks at hand.”
Rick Brillante, Vice President at CDM
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