Imagine yourself at a credit union event, excitedly exploring cutting-edge technology that promises to revolutionize your organization. You’re scribbling down notes, taking pictures of the presenter’s slide deck, and already pinging your colleagues on how game-changing this could be.
However, in one moment, disappointment sets in. “What core do you work with?”
The answer…ambiguous. Your excitement…gone.
Many fintech providers struggle to seamlessly integrate with existing core systems, leaving credit unions with limited options. This predicament often leads to accepting less applicable solutions or compromising on their vision, a scenario that feels like a defeat for any forward- thinking institution.
The Core Integration Dilemma
For credit unions, digital transformation has become critical to staying competitive and relevant. As technology advances, credit unions seek innovative solutions to enhance member engagement and foster deposit growth. However, a significant roadblock often stands in their way – core integration. This issue has led to heartbreak and disappointment for many credit unions when exploring new fintech providers. But what if there was a way to overcome this barrier and unlock the full potential of credit unions?
Pure IT, a CUSO serving credit unions in all lifecycle stages of strategic and technology initiatives, has found that Janusea’s robust integration layer enables credit unions to embrace the future confidently.
Empowering Credit Unions with Choice
Over the years, Pure IT has invested significant energy in helping credit unions overcome this challenge. In collaboration with Janusea, they can provide an integration layer that empowers credit unions to make choices based on their unique needs without being bound by core limitations. With Janusea in place, credit unions can confidently collaborate with up-and-coming fintech providers, knowing their core system won’t hinder progress. The middleware layer effectively supports multiple business use cases, creating many possibilities for credit unions to explore.
A Few Benefits of Janusea Integration
- Enhanced Efficiency: Janusea facilitates the seamless flow of information from a single dashboard or the core system, streamlining front-line staff’s workflow. No longer burdened by double entries or multiple log-ins, staff can work more efficiently, reducing errors and saving valuable time.
- Real-Time Application Processing: By pulling member information in real-time, Janusea enables credit unions to accelerate application completion, leading to fewer abandoned applications and improved member satisfaction.
- Personalized Member Engagement: With access to real-time data, credit unions can actively pursue member interests and provide timely and targeted responses, enhancing overall member experience and loyalty.
Streamlining Mergers and Acquisitions
Recently, one of the more relevant use cases, Janusea, has been helping Pure IT clients streamline merger and acquisition processes. During these transitions, time is of the essence, and credit unions often scramble to integrate into a single core system. Janusea provides the flexibility to gradually phase out decommissioned core and technologies, allowing credit unions to focus on other pressing tasks or ongoing projects without compromising efficiency.
Unlock Your Credit Union’s Potential
The digital transformation era offers boundless opportunities for credit unions to thrive and serve their members better. However, core integration challenges have long hindered their progress and dampened their enthusiasm. Credit unions can (and should!) embrace the future with confidence and make choices that best suit their organizational needs. By adopting a middleware integration layer, credit unions can navigate the digital landscape, unlock their full potential, and create a transformative future for their members and their institution. So, if your credit union is eyeing new technology or planning strategic initiatives, consider connecting with Pure IT and Janusea – the key to unleashing your credit union’s true potential.
By Masako Long, VP of Sales at Janusea; mlong@janusea.com