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Akcelerant Loan Origination Platform Implemented At Wescom Credit Union

Contact: Lauren Sybesma
press@akcelerant.com I 610.232.2788

MALVERN, PENNSYLVANIA – August 30, 2011 – Akcelerant, a provider of connected software technology to the financial services industry, announced today the installation of the company’s loan origination platform at Wescom Credit Union, a Symitar customer with $2.5 billion in assets and over 200,000 members. Wescom is now using SOLUTION.LENDING, a powerful loan origination platform powered by the Akcelerant Framework, to streamline the lending processes of the credit union.

In 2010, Wescom began evaluating loan origination software alternatives in an effort to increase loan practice efficiencies. After a complete analysis of multiple industry-leading software options, Wescom determined that the Akcelerant Framework, which offers powerful decisioning, reporting, workflow and configuration features, could best support loan origination objectives for the credit union.

“The Akcelerant lending solution has redefined the underwriting process and improved our efficiencies allowing us to better serve our members,” says Mike Moore, vice president consumer lending for Wescom Credit Union.

“Wescom is joining a growing list of Symitar customers who have selected the Akcelerant Framework to power loan origination. With the Akcelerant Framework in place, Wescom will now be able to increase efficiency through the system’s robust features, flexible interface, and convenient third-party integration,” states Emily Steele, chief operating officer at Akcelerant. “Wescom is an industry-leading financial institution with a great focus on technology, and we are excited to welcome them to the Akcelerant family!”

About Akcelerant Software LLC

Akcelerant, with offices in Malvern, Pennsylvania and Vancouver, British Columbia, provides connected software applications to the financial services industry through multiple product lines and integration to best-of-breed service providers. Approximately 500 financial institutions in all 50 states and all provinces of Canada are currently using Akcelerant technology.  For more information about Akcelerant, visit www.akcelerant.com.


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