Jamaica-based credit union, N.C.B. Employees Co- operative (NCBECCU) has signed a deal with Smart Solution, an Ontario, Canada-based banking and credit union financial software provider to implement the vendor’s Universa Premier Digital Core Banking Suite.

Smart Solution, a banking and financial management solutions provider with a client base in North America, Central America and the Caribbean will assist NCBECCU to migrate from an existing legacy platform to the technologically advanced Universa solution.

Mrs. Joan Garfield, general manager, NCBECCU, said, “N.C.B. Employees Co-operative Credit Union is very much looking forward to partnering with Smart Solution, in order to strengthen and modernize our infrastructure as well as to enhance the technological aspects of the various services we offer to our members.”

“We are delighted that NCBECCU has chosen to convert to our growing family of financial institutions using the Universa platform to support its member service strategies,” said Iean Tait, president and chief executive officer, Smart Solution. “Many institutions are looking for ways to keep up with new and emerging market technologies; the switch to Universa will provide them with the needed tools to meet those challenges and embrace the future.”

Universa software, a browser-based digital banking platform that encompasses the latest technological advances and security is a highly customizable solution that can quickly configure various client needs into accessible, client-controllable system functionalities via its security framework.

Iean Tait further added, “This is a major transition for NCBECCU as it migrates away from a legacy platform to a cutting-edge modern digital platform. We are confident that the Universa platform will enhance NCBECCU’s ability to deliver on its mandate. As technological excellence is the backbone of any institution, having selected Universa is a testimony to its scalable architecture, flexibility and rich functionality.”

“We believe that this migration to a new platform will benefit our existing as well as any new members, who are interested in the “fintech edge” to bolster their financial strategies”, noted Mrs. Joan Garfield.

by Sumit Vengurlekar