Constellation launches its first product implementation of the open development platform
The company is simultaneously debuting its new website
RALEIGH, NC (February 7, 2018) — Constellation Digital Partners, LLC is delighted to announce the release of Aquarius, its first production implementation of the open development platform for digital banking since the credit union service organization (CUSO) launched in May 2017. The company hit a new milestone with the official release of the software, which is now live through Amazon Web Services. The release also marks one of the first online and mobile banking platforms built exclusively on Amazon Web Services.
Constellation Founder and CEO Kristopher Kovacs realized there was a fundamental problem in modern digital financial services. Despite a recent boom of potential financial technology partners, credit unions have not been able to access them because of the legacy structure of credit union relationships with current banking providers. The creation of Constellation was the result of a three-year long research and development effort.
Today, the company is announcing the launch of the first implementation of its cloud-based financial services platform that will allow credit unions and members to choose which services to use inside of a secure banking experience. The platform enables a new service-based economy where developers can create tiles or services and then credit unions can seek out and select those services within the marketplace.
“By utilizing Amazon Web Services, we have a degree of scalability and extendibility that other legacy providers simply cannot match, such as the potential to react to increases in traffic, new clients and new opportunities,” said Kovacs. “We chose to name this first release after the constellation Aquarius. Astrologically, the Aquarius constellation is the water bearer and water represents the ‘bringer and sustainer of life’, which echoes the theme of what we’re announcing. Constellation is alive and real.”
Two additional software releases are scheduled to take place this year. Going forward, every subsequent software release will extend the services of the Constellation platform and include new capabilities, features and functions to financial technology developers, credit unions and members.
Additionally, Constellation is proud to announce the launch of its new website that includes key features such as a blog where interested credit unions and fintechs can get the latest updates on the company, platform and partners.
To learn more about Constellation, Aquarius, and to visit the new website, go to www.constellation.coop. And, connect with the company on Twitter (@ConstellationDP) and LinkedIn.
About Constellation Digital Partners, LLC
Constellation has created the first open development platform dedicated to credit union and fintech app development. This patented, secure, and flexible cloud-based ecosystem provides credit unions and innovative app developers the ideal platform to deliver safe, reliable, and next-generation digital financial service experiences. Credit unions now have the freedom to compete, innovate, and thrive in the financial services industry. First, by redefining what they offer, and second by delivering digital financial services in a way that places members squarely at the center of their business strategy. Visit www.constellation.coop to learn the latest innovations. Connect with Constellation on Twitter, Instagram (@ConstellationDP), Facebook and LinkedIn.
