Monday, 24 September 2018

Southern Cross Credit Union has committed to a further long term partnership with Ultradata for the provision of the latest world class core retail banking and digital services.

This decision comes after Southern Cross Credit Union and Ultradata worked closely together to develop a new functionality roadmap that will introduce enormous member service enhancements coupled with back office efficiencies.  Some key future rollouts will include Ultradata’s new automated loan origination platform, an upgrade to the latest Ultracs core banking solution and the next generation of digital products and services. Ultradata’s new solutions in these areas were a deciding factor in being selected as the best fit to deliver the most complete and progressive core banking and digital technology suite.   

These will be delivered over a two year program of work that will incrementally see enormous benefits to customers.

Stuart Edwards, Chief Executive Officer, said,

“After a comprehensive review of what the market had to offer, we found that Ultradata was the best fit to partner with our business to support our quite aggressive digital roadmap plans and make them a reality.

We see them as a vitally important partner who is willing to work with us to ensure we deliver the premium service our customers expect in a time of ongoing technology innovation. 

We are looking forward to continuing our relationship and are excited by the future opportunities that exist for the benefit of both our businesses.”

Ultradata recently announced several new solutions at a client conference which will further enable clients to build a reputable and agile banking platform to compete with the best in the market. This included plans to make Ultracs available in the Microsoft Azure cloud in 2019. 

Peter Henshaw Ultradata CEO said, “Everyone at Ultradata is enormously proud that Southern Cross Credit Union have made the decision to continue their partnership with us – they are a strong performer in the mutual finance market and we look forward to working with their team to build on the many achievements we have had in the past.”