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Jul 1, 2016
Always prepared to branch out into new areas and environments to offer its Universa Premier Core Banking Suite to financial institutions seeking the latest and best in customer support technology, Smart Solution recently signed a binding agreement with TransCanada Credit Union Ltd. This represents Smart Solution's first venture into the province of Alberta. Smart Solution is a leading provider of financial management solutions and its Universa software is a state-of-the-art, browser-based banking platform, written from the ground up, using the latest industry standard technologies. Espousing the philosophy of “People Helping People”, TCCU’s primary goal has always been to “provide basic financial services at competitive rates and reasonable cost”; with the eventual conversion to Universa, TCCU will be able to expand its goal by offering its members newer, more diversified and very user-friendly financial services and support. With TCCU joining its ever-growing list of clients, Smart Solution continues to enhance and solidify the reputation of Universa as one of the most prominent contenders in cutting-edge banking platforms both in Canada as well as in the Caribbean.
TCCU has opted for Smart Solution's “SAAS – Software as a Service” bureau solution, as opposed to running its own in-house systems, due to the increased complexity of keeping its systems and third party interfaces up and running 24/7. This is a business solution in which Smart Solution specializes. Universa’s modular architecture allows the client to tailor an overall banking solution that best fits the current and future needs of its organization. Universa’s agile, rapid release development process enables Smart Solution to translate client business needs or new ideas into customizable system functionalities that are fully under the client’s control through Universa’s security framework. The possibilities for customization are endless and new additions are seamless.
“TransCanada Credit Union is excited to be moving to Smart Solution's Universa banking system later in the year; we feel the innovative and modern banking platform will be a significant benefit, both for our members and staff alike.” said Neil Davison, General Manager of TCCU. “We are confident the Universa platform will enable us to continue providing excellent services to our members in an efficient and cost effective manner and will also allow our credit union to adapt to the continually evolving banking needs of our membership and regulatory requirements.”
“We are delighted that this well established Alberta financial institution has chosen to join our growing family of Credit Unions using the Universa platform to support its member service strategies,” stated Iean Tait, President and CEO, Smart Solution. “Once TCCU migrates from its current platform, Universa will support a total 16 financial institutions in Canada and the Caribbean; as such, we are confident in inviting any financial institution looking to upgrade to a modern, flexible and robust core banking platform at a competitive price, to join our team.”
About TransCanada Credit Union Ltd.
Commencing operations in Toronto in 1958, TCCU decided to move its operations to Calgary in 1990 and achieved the distinct privilege of being the first ever Credit Union to migrate to another province. In doing so, TCCU moved closer to the hub of some of its many members in the extended TransCanada Pipelines community. Currently servicing over 2,300 members and managing approximately $27.2 million dollars in assets, TCCU continues to be proud to be one of the remaining closed bond credit unions, dedicated to its members’ financial needs.
