Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Tinker FCU running in virtual environment
OKLAHOMA CITY, Okla. (2/5/09)--Tinker FCU announced Tuesday that it is now operating in a virtual environment--which has helped the credit union save about $225,000 a year, extend branch hours by five hours and improve energy efficiency, the credit union said. Tinker is running EPISYS, a core information processing platform used by credit unions, with a virtualized Storage Area Network (SAN) environment. The virtualization allows the credit union to run multiple operating system environments on the same computer. Using the new architecture, Tinker has reduced its number of servers to 40 from 160. “We don’t have to keep growing data centers because we now store information on disk, rather than tape,” said Steve Mooney, Tinker vice president of information system operations. “This type of system is the future in technology.” Tinker has seen a 40% to 45% increase in performance with overnight processing of transactions, and a 50% to 55% improvement in backup processing. Symitar, which owns EPISYS, assisted the credit union with the virtualization. Symitar might offer the same type of environment to smaller credit unions who could not previously afford it, Tinker said. Oklahoma City-based Tinker FCU has $1.8 billion in assets.


RSS





print
News Now LiveWire
#creditunion #tax-help programs ready for new Affordable Care Act questions http://t.co/3tOzFzXEk5
9 minutes ago
~90% of 2014's data breaches were preventable says @otalliance See #NewsNow http://t.co/wq4WkLbNpX
34 minutes ago
What role are #creditunions playing in @gatesfoundation's 2030 vision of financial services? Read #NewsNow Monday
15 hours ago
Consumers fear inaccurate info lingers on credit reports, says @FTC study Read @CUNA's News Now: http://t.co/RzNLMnaROO
17 hours ago
@PCUA has formed a @LinkedIn networking group for former bankers turned #creditunion employees.
17 hours ago