The $3.6 billion Patelco CU in San Francisco will convert from its existing Fiserv Spectrum solution to the company's new Acumen platform, citing its Internet-based architecture, scalability and redundancy for its decision.
Patelco is the third credit union to contract for Acumen since it was introduced to the U.S. market last year after its development under the iSpectrum name in Canada. Patelco senior management participated in the application design review portion of that process.
"The Acumen platform provides a true 24/7 processing environment that will allow us to easily handle the high-volume transaction demands of our membership today, while providing best-in-class scalability to support the growth we anticipate in the future," said Ken Burns, CEO of the 288,000-member Patelco.
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