Akcelerant Profitwise singled out by One Nevada Credit Union

Profitwise continues to gain momentum in the financial services industry

MALVERN, PA (September 24, 2014) — Akcelerant, a provider of software and services to the financial industry, has expanded its relationship with One Nevada Credit Union to include the use of its costing and profitability solution, Akcelerant Profitwise. One Nevada, a Las Vegas-based Fiserv Spectrum user with assets exceeding $722 million and more than 75,000 members, has been operating on the Akcelerant Framework’s collections solution since April 2010. After thoroughly evaluating prominent solutions across the industry, One Nevada selected the progressive platform, Profitwise.

The Profitwise product line assists in cost development and profitability measurement by analyzing and reporting on all aspects of an institution’s financial performance and consumer behavior. The solution is grounded in a behavior-based cost methodology, which applies the institution’s specific information, as opposed to industry averages. The costing data provides a solid foundation for account-level profitability results. Profitwise analytics features, powered by Akcelerant Spotlight, aggregate the costing and profitability results into intuitive reports facilitated by data visualization. With monthly enhancements based on customer recommendations, Akcelerant continues to evolve Profitwise analytics, ensuring that customers have access to the data they need.

“We have been very impressed with Akcelerant’s desire to continually invest in its products, and the fact that they release monthly Profitwise analytic enhancements was a clear benefit to us,” acknowledges One Nevada’s Controller, Steve O’Donnell. “These consistent enhancements, combined with the product’s already notable cost methodology, dynamic analytics and account-level reporting, make us   confident that our investment in Profitwise will provide accurate and extensive insight into the true costs to sell our products and service our members.”

“Akcelerant is committed to providing the best quality and cutting edge technology to our customers,” states President and Chief Operating Officer at Akcelerant, Emily Steele. “We take a proactive stance on our products, and maintain an aggressive development schedule which is demonstrated in each and every monthly Profitwise release. We are honored to broaden our relationship with One Nevada, and I look forward to watching them drive growth and long-term sustainability with Profitwise.”

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

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