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Akcelerant Framework appointed the new loan orgination platform for FORUM Credit Union
FORUM Credit Union expands relationship with Akcelerant to include the Framework’s lending solution
MALVERN, PN (June 25, 2014) — Akcelerant, a provider of software and services to the financial industry, has signed FORUM Credit Union as a loan origination customer. A DataSafe user with assets exceeding $960 million and over 110,000 members, FORUM and Akcelerant have enjoyed a valuable relationship through the Framework’s collection solution since 2005.
In their search for a new loan origination platform, FORUM sought to implement cutting edge technology that could keep up with their innovative and forward-thinking initiatives. As a current user of the Framework collection solution, Akcelerant’s premier risk management platform, FORUM determined that Akcelerant’s complementing lending solution should be incorporated into their review. As they delved into the capabilities offered by Akcelerant, FORUM was impressed with the Framework vision, a single interface to seamlessly meet needs across an enterprise. After an intensive assessment, FORUM concluded that the Framework’s revolutionary decisioning, powerful rules engine and multi-channel delivery were a match for their visionary needs.
“We’ve had a great experience with Akcelerant for the past eight years on the collection solution,” stated Doug True, CEO at FORUM. “With the ability to maximize loan origination efforts in both direct and indirect lending, increase efficiency, and take advantage of using the Framework as a single interface for both our lending and collection needs, Akcelerant became the clear choice for our loan origination platform.”
“The Framework’s lending solution continues to receive attention across the industry, including a lot of interest among DataSafe credit unions,” notes Chief Business Development Officer, Eric Snyder. “The true, multi-channel integration and ability to support complex decisioning are clearly causing a sensation among the lending community. We’re finding a lot of enthusiasm around the power we offer, with such ease of use. We are honored that FORUM has selected our platform for the future.”
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.
About FORUM Credit Union
FORUM Credit Union, with 12 branch locations and anywhere access via the internet or mobile device, serves more than 110,000 members in the central Indiana area. A full suite of financial services are offered, including home mortgages, auto loans, personal checking, business checking, health savings accounts, and investment planning. For more information about FORUM Credit Union please visit: www.forumcu.com.