Northern Credit Union Joins Expanding Network of DNAapp Developers
47 organizations now certified to create, sell and share custom DNA extensions with the Open Solutions Client Community on the DNAappstore
Glastonbury, Conn., October 18, 2012 – Open Solutions Inc.®, the leading provider of collaborative enterprise technology to community-based financial institutions worldwide, announced today that Northern Credit Union is certified to create custom core extensions for the Open Solutions DNA™ platform – called DNAapps™ – that can be bought and sold on the DNAappstore™, the first and only online global marketplace for core innovation and collaboration.
As a new DNAapp developer, Northern Credit Union is certified to create seamlessly integrated, custom core applications for the DNA platform using the free and easy-to-use DNAcreator™ development toolkit. Northern Credit Union can use its DNAapps for its own benefit as well as sell them to other DNA clients on the DNAappstore, creating a new source of revenue for the institution.
According to Al Suraci, President & CEO of Northern Credit Union, “We are looking forward to developing solutions for our credit union more quickly and cost effectively than ever before.” Northern’s Vice President of Information Technology, Hans Hinding, adds that “by selling our DNAapps over the DNAappstore, other DNA users will be able to benefit from our ideas, thus generating additional revenue for our institution. With DNAcreator and DNAappstore, Open Solutions has found a way to level the playing field for community institutions like ours.”
Northern Credit Union joins 46 other organizations as a certified DNAapp developer. Since the launch of the DNAappstore in May 2011, these DNAapp developers have created over 130 DNAapps which have been downloaded more than 900 times by banks and credit unions running DNA around the world. Any Open Solutions client, partner or independent third-party developer can become a DNAapp developer to create its own custom solutions, shattering the top-down development model of legacy providers whose clients are beholden to their vendor’s priorities and release schedules.
“I want to congratulate Northern Credit Union on becoming a certified DNAapp developer,” stated David Mitchell, executive vice president and chief product officer at Open Solutions. “DNAapps allow financial institutions to innovate faster and more cost effectively than ever before all while strengthening the industry through collaboration. Now, as a certified DNAapp developer, Northern Credit Union can contribute to this community of innovation by creating DNAapps that will benefit itself as well as the over 500 other banks and credit unions running DNA around the world.”
Northern Credit Union
Northern Credit Union is a full-service, locally-operated financial institution, offering personal and commercial banking and financial planning expertise to more than 50,000 member shareholders. Serving 23 communities in northern and eastern Ontario, Northern is committed to educating members in financial literacy and providing the tools to achieve financial goals. For more information visit www.northerncu.com.
Open Solutions Inc.
Open Solutions Inc.® helps community-based financial institutions around the world enrich their local economies by providing innovative technologies and insights that enable them to operate more profitably, efficiently and collaboratively.
Industry pioneers, Open Solutions revolutionized enterprise technology with DNA™, the first open, relationship-centered core banking platform built for global collaboration. This radically different approach to enterprise technology enables banks and credit unions around the world to leverage the power of community through DNAappstore™, the first-ever collaborative marketplace for user-created core enhancements.
Extending the power of DNA further, Open Solutions offers a full range of complementary software solutions for payments, item processing, distributed capture, internet banking, mobile banking, CRM, business intelligence, loan origination, financial accounting, account analysis, wealth management, digital document and interactive voice response. It also offers complete hardware solutions, plus independent industry insight and guidance from Raddon Financial Group.