Published Date:
22/07/2004

Pioneer Permanent Building Society Re-Affirms Commitment to Ultradata

Pioneer Permanent Building Society Limited have signed new contracts to licence Ultradata’s core banking solution to manage their retail banking operations.

Pioneer Permanent Building Society Limited joins a large number of financial services organisations using the Ultradata’s Retail Banking Solution. The solution is a comprehensive core banking system integrating transactional banking and deposit taking, contact, sales and marketing management, loan origination and management, financial management, payments, electronic statements, Internet banking, and web lending capabilities.

“Pioneer’s decision to come back to Ultradata, is based on having seen the capabilities that Ultradata has to offer. The products impressed us, and the progress that had been made over the last few years was much more than we expected,” said Larry Voltz, Acting General Manager of Pioneer. Mr Voltz added, “the benefits to Pioneer in terms of cost savings and efficiencies will provide us the opportunities to streamline our internal processes such as loan processing, data entry processing, and also gives us the capabilities to de-centralise certain functions to our branch networks, whilst still holding control at head office.”

“We are extremely pleased to welcome back Pioneer Permanent Building Society,” said Peter Henshaw, Chief Executive Officer of Ultradata. “The increasing adoption of Ultradata’s retail banking solution by financial services organisations is very encouraging to us, and serves to show the industry that Ultradata is intent on providing the most comprehensive software and services to this market."

Pioneer Permanent Building Society Limited is a provider of banking services to the people of regional Queensland. Formed in 1968 Pioneer has sought and maintained a high standard of professionalism in providing quality personalised banking services that are flexible, easy to use and meet the changing needs of customers. Pioneer’s team of professionals deliver a comprehensive range of banking facilities including savings, investments, loans, insurance, business and rural services.