Akcelerant & PSECU Team Up For Loan Origination

Akcelerant’s inaugural collection customer expands relationship to include loan origination

Press Releases,
Temenos – Company

MALVERN, PENNSYLVANIA – July 15, 2015 – Akcelerant, a Temenos company and provider of software and services to the financial industry, is proud to announce that industry-leading Pennsylvania State Employees Credit Union (PSECU) has signed as an Akcelerant Framework loan origination customer. PSECU, a Symitar user with more than 400,000 members and assets exceeding $4 billion, was Akcelerant’s first Framework collection customer back when the company was founded in 2000.

Known as a lending giant in the industry, PSECU required compelling, “next generation” technology that could effectively handle their unique, and at times complex, system requirements. From their involvement in the inception of Akcelerant’s risk management platform and their experience as a current user of the company’s profitability solution, Akcelerant Profitwise, PSECU has personally encountered Akcelerant’s dedication to its customers and technology first-hand. After a thorough evaluation of loan origination systems, PSECU identified the Framework as their preferred system, not just for the integration of products across a single interface, but also for its unmatched configurability, revolutionary rule authoring and powerful decisioning engine.

“Akcelerant has once again produced a high-caliber software product, and over the last 15 years, we have seen them rise to meet and surpass expectations from their customers,” states PSECU’s AVP of Lending, Andrew Coy. “PSECU’s main focus is to provide an exceptional member experience, so we were impressed with the Framework loan origination solution’s endless ability to customize both the user and member experience. Our strong history with Akcelerant, as well as the extensibility of their platform, gave us confidence in expanding our collaboration. We look forward to making use of all of the flexible and integrated functionality the software has to offer.”

“We recognize it’s not just about the development of code and the implementation of great ideas that make a software company successful, it’s also about building strong, lasting relationships with our customers,” shares Akcelerant’s Chief Business Development Officer, Eric Snyder. “Akcelerant supports over 600 customers across North America, and many, in particular PSECU, have challenged us to provide the industry with superior, powerful and flexible products. While we’ve always had a strong relationship with PSECU, we knew that they wouldn’t settle for anything less than the most compelling system. Bringing them onboard for loan origination is very exciting, and we look forward to continuing to grow together.”

Temenos Press Contacts

Scott Rowe

Temenos Global Public Relations

+44 20 7423 3857 [email protected]

Alistair Kellie

SEC Newgate Communications for Temenos

+44 20 7680 6550 [email protected]

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