Solutions Only Financial Technologies Ltd.

Solutions Only Financial Technologies Ltd.

January 15, 2015 09:00 ET

First Credit Union Selects Solutions Only's Liberty Origination Software Solution Integrates Onboarding and Lending Processes - An Exclusive in Canada

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 15, 2015) - Solutions Only Financial Technologies Ltd. (Solutions Only) is pleased to announce that First Credit Union of Powel River BC has selected Liberty Software to support its member-client onboarding and lending activities.

First Credit Union will be implementing three key products offered in the Liberty software suite, including Liberty Origination, Financial Profile and Loans Origination. Deployment of these products will underpin First Credit Union's member-client onboarding, deposit taking and credit activities; contributing to greater accuracy and efficiency and measurable improvements in operational service levels.

"Liberty Software will enable First Credit Union to deliver an enhanced banking experience for our member-clients," said Frank Oldale, Vice President, Technology at First Credit Union. "We chose the Liberty platform as it's a flexible technology solution that will seamlessly integrate with our systems."

Steve Mott, V.P. Business Development, Solutions Only, noted, "Liberty Software products offer financial institutions a unique opportunity to enhance their brand, streamline their processes and in turn deliver an exceptional customer experience. We're thrilled to contribute to First Credit Union's aims to strengthen the well-being of their member-clients and communities they serve."

Liberty Software™ applications are modern, intuitive, highly configurable, multi-channel, mobile-enabled banking software products that integrate in real-time with Canadian core banking systems. The product suite includes origination, mobile origination, financial profile, loans origination and online and mobile banking applications.

Solutions Only Financial Technologies Ltd. is a Vancouver BC based and credit union owned technology products and services organization working with the Canadian credit union and community banking sectors. Solutions Only is a leader in developing and delivering banking software solutions and services that transform banking business processes from front to back office.

First Credit Union is the longest-running credit union in BC, originating as Powell River Credit Union in 1939. With over $200 million in credit union assets, $100 million in wealth management assets, five credit union branches, five insurance branches, 8,500 plus members, 30,000 plus insurance clients, and over 140 employees, First Credit Union proudly serves six vibrant coastal communities.

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