Summit System Certified For Use With CUSC
Summit Information Systems, a unit of Fiserv providing technology solutions to credit unions, has completed the testing required to certify its Spectrum Teller platform to the Credit Union Service Corporation's new shared branching network-The Next Generation.
"We recognize the importance of shared branching as a critical component of our credit union clients' member service and support strategies," said Kevin Sparks, President of Summit, "and we are pleased to be able to enhance their abilities to provide a more economical, efficient and secured solution, such as the Next Generation Network."
The Next Generation proprietary network is owned by credit unions and includes a state-of-the-art switch technology that will allow credit unions participating in CUSC's shared branching network advantages over other networks.
For the 46 Summit credit union clients currently using the CUSC shared branching network, this certification means that Summit has successfully tested its SPECTRUM core application according to the NGN ISO 8583 shared branching specs.
Meanwhile, Summit hosted more than 560 attendees at its 2004 Summit Client Group Conference last month in San Diego. Keynoting the meeting was noted retail industry analyst Mark Sievewright, who shared ideas on "The New Realities in The Financial Services Industry." During the conference, Summit clients participated in more than 30 sessions focusing on a wide range of topics-from best industry practices related to member relationship management strategies to sessions tailored to help clients focus on better managing disaster recovery and security within their credit unions.
In addition, Summit hosted 50 exhibitors and industry experts in its Technology Fair and Exhibitor Showcase, providing an opportunity for clients to gain further industry technology insight.