FedComp Selects Ongoing Operations for New Data Center, Expands Cloud Solutions Offerings
FAIRFAX, VA (May 9, 2013) FedComp, a leading core processor provider headquartered in Fairfax, VA, joins forces with the Ongoing Operations, a CUSO headquartered in Hagerstown, MD. FedComp provides data processing solutions to nearly 900 credit unions throughout the United States, the UK, and the Caribbean. FedComp selected Ongoing Operations Cloudworks Cloud Services product line. Cloudworks offers unique cloud architecture and a flexible menu of technology outsourcing options to help organizations become more efficient. Cloudworks services are used by financial institutions and other organizations because of its strong emphasis on quality and security. Cloudworks cloud server hosting services are unparalleled to other providers. This move will enable FedComp to more efficiently serve their credit unions, in turn allowing their credit unions to better serve their members.
“As credit union people, we needed to select a data center that truly understood our client’s needs,” said Robert Duff, Founder and CEO of FedComp. “Ongoing Operations has extensive experience in the credit union industry and fully understands the nature and sensitivity of our client’s data.”
About Ongoing Operations: Ongoing Operations was formed in 2005 as a business continuity CUSO by a group of credit unions looking for better disaster recovery solutions. They have grown from serving a handful of local organizations to over 500 clients nationwide, due to the growing complexities of disaster recovery planning. For more information on Ongoing Operations, please visit http://ongoingoperations.com/
FedComp was founded in 1984 by a former NCUA compliance officer and a software developer highly familiar with the credit union industry. Currently installed in nearly 900 credit unions, FedComp is an industry leading scalable core processor providing a variety of services to credit unions, including its flagship Platinum core processing system. For more information on FedComp, please visit http://www.fedcomp.com/