Quantcast

Generations Bank to Deploy Compushare's Cloud Platform

APR 22, 2013 5:40pm ET
Print
Email
Reprints

Generations Bank in Seneca Falls, N.Y., plans to begin using Compushare's cloud-based platform.

The $265 million-asset company will move its critical banking applications to Compushare's C3 Cloud Computing platform, it announced Monday. Generations expects the change to improve security and data backup and recovery, while reducing the need for on-site infrastructure, it said.

Generations expects to make the change without any interruption of service. The California banking technology firm's cloud platform has been approved by Generations' regulators, the bank said.

"Transitioning our operations to the cloud allows us to increase availability and serve our customers in a broader way," Generations Bank President and CEO Menzo Case said in the news release. "Compushare offered a cutting-edge model that meets our needs and has been approved by Generations Bank regulators."

Generations has nine branches in upstate New York.

JOIN THE DISCUSSION

SEE MORE IN

RELATED TAGS

 

 
Seven Stories in Regulation and Reform You Shouldn’t Miss

Editor-at-Large Barbara A. Rehm broke an exclusive story last week detailing the results of the OCC's private tests of the 19 largest banks on corporate governance. The results are shocking. (Image: Thinkstock)

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
You must be registered to post a comment.
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
DAILY ENEWSLETTER UPDATE

A Newsletter featuring Bank Technology News' top stories plus special reports and data

This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.

TWITTER
FACEBOOK
LINKEDIN
Already a subscriber? Log in here
Please note you must now log in with your email address and password.