Canada's Envision Credit Union has signed a seven year agreement with Telus and Fincentric for systems consulting, integration, software licensing and support services for an enterprise-wide banking solution.
Under the agreement, Telus and Fincentric will provide a banking solution through a single platform that integrates in-branch, ATM, telephone and Internet systems for Envision's 100,000 members. Financial terms have not been disclosed.
Gord Huston, Envision CEO, says: "Our partnership with Telus and Fincentric has created the optimal balance of banking system functionality, flexibility, extensibility and reliable operation while at the same time managing the cost of technology to Envision."
Telus will provide systems integration and consulting services to migrate Envision to Fincentric's i-Wealthview Banking platform. The solution incorporates applications for deposits, payments, and consumer lending across multiple delivery channels, including, branch, ATM, telephone and Internet banking, as well as customer analysis tools.
Telus will also provide a range of ongoing integration and consulting services, application management and enhancement services, systems operation and technology management, telecommunication network provisioning and management.