The United Nations Federal Credit Union has switched to SS&C Technologies Holdings' (SSNC) investment accounting reporting system.
The credit union converted to SS&C's CAMRA system last year, the Windsor, Conn., software firm said Thursday. CAMRA provides reports on transactions, updates account information and sends data to downstream reporting databases.
The $3.8 billion credit union, which serves the staff and families of the United Nations and its agencies, converted to CAMRA in order to improve its investment reporting, increase automation and enable future growth, the news release says.
"With nearly 100,000 members in more than 200 countries and territories spanning six continents, the need to provide exceptional services to our members is our priority," United Nations Federal Credit Union Senior Vice President of Finance Donald Roe said in the news release. "Since the system's implementation, we are achieving a more streamlined process in our back office."