SCE Federal Credit Union becomes the newest member of the Akcelerant Framework lending family
MALVERN, PENNSYLVANIA – January 29, 2014 – Akcelerant, a provider of software and services to the financial industry, and SCE Federal Credit Union, a Fiserv DataSafe user with over $600 million in assets, have expanded their relationship to include Akcelerant’s consumer loan origination platform, powered by the Akcelerant Framework.
SCE FCU has been a Framework collection customer for nearly a decade and they are the latest in the trend of credit unions selecting Akcelerant’s loan origination solution. This new lending agreement will provide SCE FCU an end-to-end consumer loan origination system that offers revolutionary rule authoring, multi-channel loan products, unmatched configurability, innovative cross-sell functionality, and seamless integration to third-party services. In addition, SCE FCU will be able to take full advantage of the efficiencies gained by managing both lending and collection on a single platform.
“SCE FCU was very impressed with Akcelerant’s system. Its endless ability to customize the member experience was a significant factor in our decision to choose this solution, along with features such as the robust decision engine and business rules integration. All of these items and more will help us improve our underwriting process, increase operational efficiencies and reduce costs,” stated Shannon Furiani, Vice President of Lending from SCE Federal Credit Union. “Akcelerant has remained a dedicated business partner over the years, and we are excited to begin working together on this new project.”
“SCE FCU’s decision to expand our relationship is a testament to Akcelerant’s ability to continually deliver high quality and state-of-the-art products to the financial industry,” comments Eric Snyder, chief business development officer at Akcelerant. “The Framework lending solution truly is emerging as best in class and continues to make an impact within the loan origination market. We are confident that the Framework’s configurability, power, speed, and unique features will help SCE FCU exceed their loan origination objectives.”
About Akcelerant Software LLC
Akcelerant, located in Malvern, Pennsylvania, is a leading provider of software and services to the financial industry through multiple product lines and relationships with best-of-breed service providers. Today, more than 500 financial institutions in North America are using Akcelerant technology. For more information about Akcelerant, visit www.akcelerant.com.
About SCE Federal Credit Union
SCE Federal Credit Union was founded in 1952 and currently has more than 47,000 members, $600 million in assets, several branches in California and Nevada, thousands of shared branch locations across the United States, and nearly 30,000 surcharge-free ATMs available to members. SCE FCU serves individuals and business in Southern California and Southern Nevada. For more information on SCE FCU, visit www.scefcu.org.