Profitability and sustainability are the two key fundamental business drivers that are achieved through the ability to meet and adapt to continuous change. The UItracs 5.1 core banking platform supports just this, and in 2021/2022 saw a significant number of clients integrate Ultradata’s flagship core banking software solution within their banking and financial organisations.

In the midst of these significant projects, and in partnership with a valued and long-term client of 30+ years the Melbourne Catholic Development Fund (CDF), the Ultradata Consulting Services team delivered one of its largest core banking upgrade projects in recent times.

The 18 Fund migration story began back in 2019, and was a result of a strategic review that was aimed to find ways to reduce risk, and consolidate operations to drive cost efficiencies and increase the effectiveness of CDF Melbourne IT services to the Funds throughout Australia.