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Canada’s Largest Credit Union Selects Initiate Systems

September 29, 2008 - Initiate Systems Canada Inc., a wholly-owned subsidiary of Initiate Systems, Inc. announced that Vancouver City Savings Credit Union, known as Vancity, selected the Initiate Master Data Service software to deliver a single, accurate, comprehensive view of its membership across all its lines of business.

 

Vancity will deploy three of Initiate’s targeted software solutions and capabilities from the Initiate Master Data ServiceT platform to help execute regulatory compliance programs, support marketing initiatives and enhance the quality of their members’ service experience.

Vancity is Canada’s largest credit union with nearly 60 branches in Western Canada. Vancity also owns Citizens Bank of Canada, serving members across the country by telephone, ATM and the Internet.

“With Initiate Master Data Service software, we expect to accurately identify Vancity members in a timely fashion and also are confident about the integrity of the data,” said Tom Haksi, CIO of Vancity. “The data and the inter-relationships of that information remain consistent between systems and across our credit union’s business lines and product offerings. We will unlock the value of our data assets.”


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