Open Solutions Makes Equity Investment InCUSO

Published August 19, 2004, 1:00 a.m. EDT

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Updated August 27, 2020, 2:42 a.m. EDT

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GLASTONBURY, Conn. - (08/18/04) Open Solutions Inc. has made an equityinvestment in Open Technology Solutions, a Colorado-based CUSO thatallows credit unions to share technical expertise and systems, andto achieve better operational efficiencies. OTS currently runs OpenSolutions technology solutions in a CUSO environment for twoof Open Solutions clients, Colorado-based Bellco CreditUnion and New York-based Bethpage FCU, which co-founded the CUSO.Inviting a key technology provider to become a partner in aCUSO recognizes the value of the provider and more tightly linksthe success of the two organizations. We look forward to a long,successful business relationship, says Mike Atkins, ChiefOperating Officer of OTS.

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