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Bluepoint reports record 2011 year-end results

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HENDERSON, Nev. (1/31/12)--Bluepoint Solutions grew its direct customer base by 36% with a 99% retention level during 2011--a record year for the provider of remote deposit capture, item-processing and enterprise-content management solutions.  

Bluepoint released its 2011 year-end results during its 11th annual company-wide kickoff meeting last week.

The company also added 22 full-time employees to its staff roster and is establishing a new corporate headquarters in Henderson, Nev. to accommodate future growth.

Bluepoint now works with seven corporate credit unions and credit union service organizations, giving more than 1,500 natural-person credit unions access to its suite of check capture, item processing and content-management product lines.

New technology solutions launched in 2011 included a real-time check-fraud detection suite and a mailroom remittance solution to capture and electronically process incoming deposits and payments. The company also expanded its mobile deposit solution by adding several new mobile banking partners.

Open Solutions delivers CUNnify core solution

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GLASTONBURY, Conn. (1/31/12)--Open Solutions Inc., a technology provider for credit unions and banks, has migrated all of its DNAsme credit union clients to CUnify, the company's upgraded core solution for credit unions with less than $250 million in assets.

Open Solutions has invested heavily in rewriting DNAsme. The result is the new CUnify platform, built on the Java development platform and the  Sybase database management system. The platform includes features designed to improve back-office operations and member service. As a result of the enhancement, Open Solutions' CUnify base has seen rapid growth in the past 18 months, increasing to 135 clients from 80.

CUnify is built around the member to help credit unions improve service and enhance loyalty.  Its real-time deposit, lending and internet banking functions reflect all changes as they occur to both employees and members, providing consistency between all channels.

"Open Solutions is committed to ensuring credit unions of all sizes have access to the functionality needed to compete effectively," said David Mitchell, executive vice president and chief marketing officer in charge of product management. "CUnify provides credit unions that typically have limited access to more costly solutions a robust and modern technology platform. With these investments we are stating clearly and categorically that this market and the CUnify product are major components of our go-forward strategy."