Company Signs More Than 70 uOpen™ Clients within First 12 Months of Acquiring Solution
One year after acquiring uMonitor, Harland Financial Solutions announced today that it has signed more than 70 new clients for its uOpen™ online account opening and funding solution.
The uBanking™ suite enables financial institutions to offer various online services to customers, including account opening and funding for deposits, consumer loans and mortgages, person-to-person (P2P) payments, account transfers, account aggregation, and more. Financial institution clients can customize these solutions with their brand and provide a unified experience across all delivery channels.
Air Academy Federal Credit Union (FCU) ($418M), based in Colorado Springs, Colorado, is a current Harland Financial Solutions user of UltraData® Enterprise, Cavion®, Touché®, LaserPro® and FMS that has also purchased uOpen.
"uOpen will enable us to create a virtual branch environment," said Lisa Passalacqua, vice president of electronic delivery with Air Academy FCU. "The added value for us is its integration with our existing UltraData Enterprise Core and Cavion self-service solutions. We will be able to create a consistent experience wherever our members choose to do business with us. The integration will also allow us to eliminate many manual processes."
State Bank & Trust ($2.07B), based in Fargo, North Dakota, was an existing Harland Financial Solutions LaserPro client when it selected uOpen for online account opening and funding. The bank sought technology to help boost online deposit and loan account opening.
"uOpen is the one solution we found that has all the features we were looking for. It is flexible, scalable and has comprehensive back-office reporting and analytics," said Gary Inman, senior vice president, information technology with State Bank & Trust. "In addition to offering online deposit account opening, we wanted to be able to allow our customers to open loan accounts online as well. The solution’s integration with our existing LaserPro system means more streamlined loan processing - saving us time and allowing us to fund customers’ loans more quickly."
"The strong demand for uOpen underscores the demand in the marketplace from consumers who now expect the convenience of opening and funding deposits and loans online," said Scott Hansen, executive vice president of business development for Harland Financial Solutions. "As this trend continues upward, integration among in-branch and self-service systems will become increasingly important, and financial institutions should seek to unify the customer experience regardless of where and how consumers choose to interact with them. With the depth and breadth of our retail and self-service solutions, this is another area in which Harland Financial Solutions can provide unprecedented value for its clients."