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Published Date:
13/11/2008

SERVICE ONE selects Ultracs to replace core banking system

SERVICE ONE Members Banking is the latest financial institution to replace its existing banking system with Ultradata’s fully integrated core banking system. This installation is scheduled for the second half of 2008 and will also include the installation of key modules such as Documents, Reporting Database, Anti Money Laundering and My Viewpoint.

 

Peter Carlin, CEO of SERVICE ONE Members Banking said:
Peter Carlin
Service One

Integration was a key deciding factor for SERVICE ONE in determining which core banking system would best meet our needs. Our aim was to find a system that would help us improve workflow efficiency and in turn, deliver an even greater service to our members.

We reviewed a number of systems that were available in the marketplace and Ultradata's solution was the only one that addressed our key criteria. We chose the Ultradata solution for their wide and varied range of integrated functionality and modules.


In particular, we were impressed with their Documents, Reporting Database and My Viewpoint solutions. In addition, we believe that Ultradata's Anti Money Laundering solution is among the most comprehensive AML solution currently in the marketplace.


CEO of Ultradata Peter Henshaw remarked, “We are delighted to welcome SERVICE ONE to our community.

We believe that Ultracs, with its fully integrated functionality, can help SERVICE ONE achieve their goal of delivering even better service to their members through improved efficiency.

We look forward to working very closely with SERVICE ONE going forward.”