Credit unions converting to a new core is no easy task. As technology grows more and more complicated, the conversion process grows equally more complicated. But to keep pace with the latest financial services, credit unions must consistently address the competency of their core processing solutions.
That said, there are quite a few credit unions that are doing just this and discovering they need something new. The amount of core conversions being conducted today is staggering. To get to the bottom of this trend, we invited Celent's Jim O'Neill on the program to provide a little more insight and to discuss the research group's latest report: "Why Change Cores? Reassessing the Drivers of Core System Renewal."
A telling chat with Jim, we discussed why the massive turnover right now, what credit unions should look for in a new core, what's holding back most credit unions from making a much-needed switch, and much more. Enjoy this compelling talk with Celent's Jim O'Neill on a topic that touches nearly every facet of a credit union's technology existence. Great stuff in this episode.
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Mike Lawson, Host
Married to a most gorgeous and wonderful wife, raising 5 kiddos (including twins!), enjoy helping others tell their stories, and love surfing SoCal waves. Keep it simple.