HAMILTON, Ontario -- Prime Financial Savings and Credit Union has converted from its DOS-based legacy system dating to the 1980s to an Internet-based iSpectrum platform from Summit Financial Technologies Canada.

The ASP system is based at the Summit data center in Vancouver, British Columbia, and includes a business resumption and recovery center in Toronto.

"We've taken a big technology leap forward without an interim step, said Bill Clark, chief executive officer of Prime Financial.

"iSpectrum, with its multiple delivery channels, is attracting the attention of both small and large Canadian financial institutions, which recognize iSpectrum as an alternative to the legacy platforms currently in use throughout Canada," said Kevin Sparks, president of Oregon-based Summit Information Systems, a Fiserv Inc. business unit.

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