Jan 1, 2017
Smart Solution proudly welcomes St. Stanislaus – St. Casimir's Polish Parishes Credit Union Ltd. (POLCU) into our fold of multicultural credit unions enjoying our Universa Premier Core Banking Suite for financial institutions, through the recent signing of a binding agreement to convert to Universa at a time to be determined in the near future. 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 “Making a Difference”, POLCU’s vision has always been “To be the First Choice for fulfilling their members' needs relative to financial products.” With the eventual conversion to Universa, POLCU will be able to expand its vision by offering its members newer, more diversified and very user-friendly financial products and services. With POLCU 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.
POLCU has opted for the Smart Solution “SaaS – Software as a Service” bureau solution, as opposed to running its own in-house systems, due to the increased complexity of keeping todays systems and third party interfaces up and running 24/7 and to better meet the ever-growing needs of compliance. This is a business solution in which Smart Solution specializes. Universa and its modular architecture allows the client to tailor an overall banking solution that best fits the current and future needs of its organization. The Universa 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 the Universa security framework. The possibilities for customization are endless and new additions are seamless.
“St. Stanislaus – St. Casimir's Polish Parishes Credit Union is confidently looking forward to its move to the smart- solutionTM Universa banking system in the near future; we feel that the modern, leading-edge banking platform will provide a well-enhanced, user-friendly experience both for our members and staff alike.” said Andrzej Pitek, CEO of POLCU. “We are convinced that the Universa platform will provide us with superior tools and functionality to fulfill our members’ needs in an efficient and cost effective manner and to prepare our credit union for the future changes and growth in the industry and in our community.”
“We are delighted that this well established 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. “Market penetration of Universa continues to accelerate with six (6) conversions completed in 2016 and many more scheduled for 2017 and beyond. Once POLCU migrates from its current platform, Universa will support the largest parish based credit union in the world and Smart Solution will be adding another progressive and innovative partner to it’s growing customer base. 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 St. Stanislaus – St. Casimir's Polish Parishes Credit Union Ltd. (POLCU)
Celebrating its 70th anniversary last year, St. Stanislaus – St. Casimir's Polish Parishes Credit Union Limited is an integral part of the social fabric of the Roman Catholic Parishes in the Polish Community throughout the province of Ontario. Founded on August 9, 1945, POLCU was established by Oblate Fathers Rev. S. Puchniak, OMI, Pastor of St. Stanislaus R.C. Parish in Toronto and Rev. M. Smith, OMI. The second office was set up in 1958 at St. Casimir's R.C. Parish in Toronto. Currently, with 8 branches, its own weekly POLCU TV program, servicing over 22,000 members and managing approximately $409.0 million dollars in assets, POLCU continues to take pride in being the largest Parish-based Credit Union in the world.