Credit Union Cloud Part 1 – Overview
By Kirk Drake
Credit Union Cloud Overview
If you cannot imagine a world where you don’t control every component of your technology systems than a Credit Union cloud and this post are not for you. However, if you agree with most of the world and see a future role for a Credit Union cloud for your credit union than this post will help provide an overview. This series will cover many key components of the Credit Union Cloud debate and the goal is to provide an overview of all aspects of a Credit Union Cloud. Each Monday and Thursday will cover the next aspect in depth.
Credit Union Cloud Elements: Part 2
Credit Unions need to consider three major elements in their cloud research. The first credit union cloud element involves member facing services such as Online Banking. The second element involves back office credit union technology services such as in-house hosted applications. Finally, the Credit Union Cloud will impact credit union third-party technology services including things like shared branching or ATM. Each of these areas will be impacted differently by the shift to Credit Union Cloud Technology.
Credit Union Cloud Benefits: Part 3
The benefits of moving your credit union to cloud technology are significant. A quick summary includes:
- Significant Cost Savings
- Productivity and Efficiency Gains
- Improved Security
- Improved Resiliency and Disaster Recovery
- Better Flexibility
