Press
Akcelerant framework enhances integration to CU Recovery
The CU Recovery connector now offers additional functionality to Akcelerant Framework customers
MALVERN, PA (June 29, 2015) – Akcelerant, a Temenos company and provider of software and services to the financial industry, and CU Recovery, a full-service collection agency and leading industry expert for collections, have broadened their relationship with increased capabilities. For the past six years, the Akcelerant Framework’s collection solution has maintained integration to CU Recovery and now, as the next step in the evolution of their partnership, the two companies have incorporated new functionality into the connector, creating an even more comprehensive and seamless experience for financial institutions looking to outsource charge off accounts.
With the enhanced connector, mutual customers can take advantage of CU Recovery’s proven success in charge off recovery by identifying and automatically transmitting accounts for contact from within the Framework to CU Recovery. Updates are then transmitted back into the Framework as part of the daily process. Reports can also be built in the Framework to provide added visibility and performance monitoring.
“We are excited to have worked with Akcelerant to enhance connectivity between our two offerings,” states CU Recovery’s VP of Sales & Service, Wendy Elieff. “By combining our proven, member-focused approach to charge off collections with a connector to the Framework’s power and flexibility, our mutual customers will be highly equipped to improve recovery rates while reducing overhead costs.”
Akcelerant’s VP of Program Management, Kelly Carthy, comments, “CU Recovery has been a valuable partner since 2009, and we have grown our mutual customer base together over the years. We are proud to deliver a connector that not only supports a single platform collection strategy but also provides a reliable, completely integrated and easy-to-use experience. We are confident that our customers will see the instantaneous advantages of this fully certified CU Recovery connector.”
About Akcelerant, a Temenos Company
Akcelerant, a wholly owned subsidiary of Temenos USA Inc., and located in Malvern, Pennsylvania, provides financial institutions with innovative technology that improves relationships during every phase of an account’s life cycle including demand generation, origination, account servicing, risk management and analytics. Today, more than 600 financial institutions in North America are using Akcelerant technology. For more information, visit www.akcelerant.com.