FOR IMMEDIATE RELEASE June 10, 2021
CONTACT Katie Barnes, Vice President – Marketing & Partnerships, (484) 913-1703
AKUVO Joins the Symitar Vendor Integration Program
VIP enables AKUVO to integrate with Symitar Episys.
MALVERN, PA — AKUVO, a technology company specializing in portfolio risk and delinquency management for credit unions, today announced that it has joined the Symitar® Vendor Integration Program (VIP). Participation in the program will provide AKUVO with access to Symitar’s technical resources to enable AKUVO Aperture to integrate with Episys®. The Vendor Integration Program is designed to help ensure that Symitar’s customers can easily deploy third-party products.
AKUVO Aperture integrates with Episys via SymXchange™, a services-based programming interface that enables third-party vendors and credit unions to access the platform’s core data and business rules. The integrity of data is maintained throughout any data exchange, because access to business rules and data is managed through a service layer which governs these interactions.
AKUVO Aperture is a cloud-based, API-enabled comprehensive portfolio risk and delinquency management solution designed to increase understanding of risks and opportunities while reducing collection costs. Aperture is rooted in the latest data science applications to allow credit unions greater insight into loan portfolio performance and gives the ability to manage both the current and future state of the portfolio. AKUVO’s participation in Symitar’s VIP allows essential access to member data for monitoring, analysis, and recovery processes.
“Integrating with Episys, the most widely-used core processing system by credit unions, is crucial to our strategy at AKUVO,” said Steve Castagna, Chief Operating Officer at AKUVO. “We are eager to leverage the services and technologies available through the VIP membership, to ensure our ability to deliver the most integrated and comprehensive solution to our customers.”
Symitar’s VIP takes the customer out of the middle, providing vendors with direct access to Symitar’s technical resources and test systems. VIP inclusion is not an endorsement of the vendor’s product.
Symitar, a division of Jack Henry & Associates, Inc.®, is the leading provider of integrated computer systems for credit unions of all sizes. Symitar has been selected as the primary technology partner by more than 700 credit unions, serving as a single source for integrated, enterprise-wide automation and as a single point of contact and support. Additional information is available at www.symitar.com.
About Jack Henry & Associates, Inc.
Jack Henry (NASDAQ: JKHY) is a leading SaaS provider primarily for the financial services industry. We are a S&P 500 company that serves approximately 8,500 clients nationwide through three divisions: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in cloud-based digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at www.jackhenry.com.
AKUVO creates, delivers and supports data-driven technology and consultative services focused on member and portfolio risk management, specifically for credit unions. AKUVO’s technology and services are rooted in the latest data science applications, including machine learning, artificial intelligence, and natural language processing, to ensure credit unions have the right tools and technology to compete and win in the financial services market. Additional information is available at www.akuvo.com.