Credit Unions

The Credit Unions market has experienced massive growth during recent decades with leading players delivering the same services of a large financial institution, driven by the cooperative way of thinking the challenge is to deliver the ultimate in customer service together with offering unique member-focused products. Such service can only be provided through an established IT solution which delivers broad functionality and reliable performance.

Axxiome Group is aware of the Credit Unions need and is ready to work for the development of their business.

Axxiome is a specialist in the implementation of first class Solutions for the Banking Industry. We have deep experience of both back-end functionality and front-end solutions. The demands of modern banking cannot be met by one single organization therefore we also offer our clients selected third party solutions to complete a Core Banking Architecture and deliver a single and completely integrated IT solution. In addition we bring excellent relationships with a number of leading world-class IT suppliers.

We have a history in working with the Credit Union market which has allowed us to obtain in-depth knowledge, practitioners within of our team have participated in an end to end business transformation in one of the major Credit Union Confederations in Brazil. The implementation was the first of its kind in Latin America and took 12 months to build and deliver through to end user branch locations in western Amazonia, central Brazil, Minas Gerais, and Rio de Janeiro. On completion of this transformation process all the 130 cooperatives were integrated allowing them to compete with mainstream banks by offering to their members services such as checking accounts, credit and debit cards, savings, bank transfers, home banking services plus secured and unsecured loans.

Along with delivering a wide range of products and functionality to customers there needs to be other tangible benefits, by implementing an integrated IT solution and using the best practices Credit Unions will be able to reduce operating costs, accelerate business processes and improve data quality.

Other benefits provided:

  • Real time operations
  • Completely integrated system – connection between the credit unions, members and suppliers
  • Centralized data base
  • Information integrity
  • Information optimization
  • Processes standardization
  • Central operation – Data consistency / safety

Axxiome are ideally placed to offer initial solution discovery services to help Credit Unions understand the complex vendor arena and how to drive forward a successful program.