Press
Akcelerant finishes strong in the first half of 2014
MALVERN, PN (July 16, 2014) — Akcelerant, a provider of software and services to the financial industry, has closed the first half of 2014 with another thriving quarter in sales. With the addition of 20 new customers this year across its multiple product lines, Akcelerant has surpassed 60% market share of credit unions measuring $1 billion or above in assets. The company consistently remains the top choice for financial institutions seeking innovative software and solutions to manage key business areas like loan origination, collection and profitability.
For the quarter’s closing act, in June Akcelerant signed Altra Federal Credit Union, a $1 billion credit union based in Onalaska, Wisconsin, for the Akcelerant Framework collection solution. Altra, a Fiserv Spectrum user which serves over 80,000 members, saw value in a software that was being utilized by so many of their peer credit unions.
“We spent a long time evaluating collection software, but Akcelerant continuously emerged as the authority in software solutions for financial institutions,” notes Manager of Credit Services at Altra, Jeannie Bakewell. “We were impressed with the real-time refresh and workflow capability, but we were really excited about the integration with third-party providers. We anticipate a substantial improvement to our efficiency from being able to host all of our activities on one platform.”
“Akcelerant continues to grow with remarkable sales performance,” Senior Vice President of Sales at Akcelerant, Steve Ryan announces. “With the delivery of Version 14 for the Framework, the release of Akcelerant Spotlight, and continued enhancements to our third-party integrations and profitability solution Profitwise, Akcelerant continues to be a top contender. We are proud to wrap up this quarter with a strong finish, and we look forward to growing our current relationships while welcoming new members to the Akcelerant family.”
About Akcelerant Software LLC
Akcelerant, located in Malvern, Pennsylvania, is a leading provider of software and services to the financial industry through multiple product lines and relationships with best-of-breed service providers. Today, more than 500 financial institutions in North America are using Akcelerant technology. For more information about Akcelerant, visit www.akcelerant.com.