SANTA ANA, Calif. (10/8/13)--Compushare, a D+H company and a technology management provider for the financial industry, has migrated two credit unions to its C3 cloud computing solution.
Compushare is a CUNA Strategic Services provider. Gulf Coast (Miss.) Community FCU and Insight CU, Orlando, Fla. are the new C3 clients.
"The economic and regulatory environment demonstrates how important it is for credit unions to focus on their business without having to worry about investing in and maintaining technology assets," said Romir Bosu, Compushare CEO. "Our C3 Cloud Computing solution allows all credit unions to do just that."
Compushare is the first in the financial industry to offer the solution so credit unions can realize all of the advantages the technology brings to the industry, the company said. "We have seen the adoption of cloud computing among credit unions increase over the last couple of years and, with the recent addition of our latest credit union clients, have found that the market is ready for a hosted solution that helps control costs, improve efficiencies and prepare for increased compliance requirements," said Bosu.
"Adoption of cloud computing will grow as credit unions look for ways to be competitive and see the benefits of its cost and operational efficiencies," said Wes Millar, senior vice president of CUNA Strategic Services. "CUNA Strategic Services chose Compushare as a strategic alliance provider for its cloud-based application platform, C3, which was built specifically for financial services organizations," he added.