Denver Community Credit Union, a $252 million institution, has purchased ownership in Credit Union Data Processing (CUDP), a CUSO core software provider. DCCU will be converting to the CUProdigy core system in 2014. The announcement comes on the heels of CUDP’s impressive rewrite of the CUProdigy core software platform. The platform’s new, modern architecture will provide owner credit unions and their members with comprehensive, industry leading products.
According to Carla Hedrick, CEO of Denver Community Credit Union, CUProdigy’s association with a CUSO made the platform an attractive option. “The opportunity to collaborate with other credit unions in the ownership and enhancement of a core system was a key factor in our decision,” said Hedrick.
CUDP has expressed a similar sense of excitement surrounding the newly formed relationship. “Credit unions and CUSOs are all about collaboration,” said Craig Peterson, Director of Sales and Marketing for CUProdigy. “We wholeheartedly welcome Denver Community Credit Union into the CUDP CUSO and look forward to working together to improve our individual organizations.”
Credit Union Data Processing (CUDP) is a credit union core software CUSO formed in 1991. CUDP’s core product, CUProdigy, is made up of the very latest in browser-based technology. With its modern architecture and full feature list, CUProdigy is changing the way credit unions operate while redefining the core software industry.
About Denver Community Credit Union:
Since 1934, Denver Community Credit Union has been making a difference in members’ lives by facilitating financial opportunity. Originally started by ten Denver city employees, the credit union has since grown to serve over 20,000 members in Denver, Adams, and Arapahoe Counties. Denver Community Credit Union continues to grow as it combines the service of a local community credit union with the convenient features of a large institution.
For more information see cudp.com or denvercommunity.coop.
We’ve talked about blazing fast speeds before, and how they have become a necessity in today’s world. But what has the increased speed really brought us besides streaming movies and faster web browsing?
Two words: cloud computing. Record-breaking speeds have now allowed us to have virtual applications run on our computers through our web browser and Internet connection. Cloud computing opens the door to being able to run applications in our browsers without having to install a thing!
The possibilities are endless. Everything either is, or will be, in the cloud before we know it. CUProdigy, our web-based credit union management software, is no exception. We’ve built our software from the ground up with the option to be completely cloud-based, or to have it installed on an internal server at your credit union. Either way you take advantage of cloud computing in some form.
The advantages of cloud computing don’t end at just being able to access it through your browser. One of the most beneficial advantages is in recovery and backup. With our cloud-based solution your application exists outside of your branch without our temperature controlled environments. If your credit union goes down in flames (knock on wood), then your data and software is still safe. Backups are also processed on a regular basis, which provides an extra sense of safety.
Another big advantage is security. The “cloud” often has many people concerned about how secure their data will really be—our answer, very secure. Since we have many clients using our software in the cloud we are able to provide top-level support and security to each of them. With temperature and humidity controlled environments we ensure that your software is always running smoothly. CUDP also provides a high-level firewall and intrusion prevention to keep unwanted guests out.
With advantages like these it’s no wonder that 7 in 10 businesses are using cloud services and moving their data to the cloud. With CUDProdigy we make transitioning your credit union software to the cloud a simple and pain-free process. Cloud computing is the way of the future, and getting there with your credit union is as easy as that!
CUProdigy is in the unique position to help Credit Unions ‘Advance Beyond’ by providing a core processing platform that puts the member experience first. CUProdigy empowers credit unions with a comprehensive solution that is both robust and scalable.