SMITHFIELD, R.I. Navigant CU has selected Fiserv’s DNA account processing platform from Open Solutions, now part of Fiserv, as a core processing system.
According to the company, with the DNA platform’s .NET architecture, the $1.4-billion credit union can easily enhance DNA with solutions from Fiserv, third-party partners and applications developed by other DNA clients. The credit union will have access to the DNAcreator development tool kit, which allows the credit union’s technical staff to create and sell custom core extensions called DNAapps to other financial institutions via the DNAappstore which Fiserv said is the first online marketplace for core innovation and collaboration through shared custom applications.
“With DNA, Navigant gains the strategic partnership of an industry leader and a proven, modern core platform,” said Gary Furtado, president of the state’s biggest credit union. “The flexible, open architecture and single database design of DNA will enable us to roll out new products quickly and easily, improving our efficiency and enhancing the member experience.”
Navigant also will implement a comprehensive solution set from Fiserv, including Card Services Debit Processing, the Accel payments network for ATMs and point of sale access, Velocity for consumer, home equity and small business loan origination, WireXchange for wire transfer processing, Prologue for accounting, Nautilus for document imaging and solutions for item processing, voice response, customer relationship management and business intelligence.
