October 24, 2016
Open Technology Solutions, a Centennial, Colorado-based Credit Union Service Organization, has selected the ORB digital banking platform from Plano, Texas-based Alkami Technology.
The solution will provide a modern, customizable digital banking platform for OTS member credit unions—including Denver-based Bellco Credit Union, New York-based Bethpage Federal Credit Union and Baltimore-based SECU of Maryland, according to a press release. The ORB platform will integrate with each credit union's Fiserv DNA core system.
The ORB platform provides a unified platform across all devices and functional offerings, including retail, business, mobile, bill pay, personal finance management, person-to-person payments, marketing and more.
Highly scalable and distributed architecture enables the ORB platform to support growing user bases, the release said. Additionally, the platform will allow OTS member credit unions to build their own apps and product extensions to integrate new features and functions.
ORB also offers an integrated content management system that delivers one-to-one product marketing and cross-selling opportunities, allowing OTS credit unions to promote products and services that are relevant to their members, the release said.
"With Alkami's ORB platform, our member institutions can deliver the same capabilities across different platforms while optimizing the user experience," said OTS CEO Mike Atkins, in the release. "Our credit unions will seamlessly consolidate various alert platforms, and we expect ORB will increase member engagement with our digital channels, as well as serve as a strong acquisition tool for prospective members."
"Alkami … is not a one-size-fits-all solution, but rather a flexible platform that can be highly customized to the needs of each institution and its members," said Kyle Markland, COO of Bethpage Federal Credit Union. "We're confident ORB will allow us to better attract future generations of members who may manage their finances primarily in a mobile environment."