Malvern, PA – AKUVO, a technology organization specializing in credit risk and delinquency management, announces that $3.8 billion, Colorado-based, Canvas Credit Union is now live on AKUVO Aperture. Developed from the ground up in the cloud, Aperture is now actively driving Canvas Credit Union’s long-term collection strategy, day-to-day activities and specialty processes like repossession, bankruptcy, damage claims and legal.

Canvas Credit Union purchased Aperture with a plan to create a more modern, personalized, member-centric delinquency management strategy that could support the credit union as it grows. Having now gone live, the teams at AKUVO and Canvas Credit Union are proud to see this vision brought to life.

“We’ve immediately seen the impact of launching Aperture for our collections and specialty processes. Prior to this implementation, we were handling activities associated with repossession, damage claims, bankruptcy and legal across multiple systems and programs. Bringing everything into Aperture allows us to leverage powerful tools for automation, task routing, data gathering and more. The efficiency gains have really been incredible,” comments Shawn Spratte, Senior Vice President of Loss Mitigation & Communication Center at Canvas Credit Union.

“The power of Aperture was clearly highlighted during this implementation. Improving daily operations at Canvas Credit Union, plus bringing in specialty processes, was quite exciting for both teams,” comments Steve Castagna, Chief Operating Officer of AKUVO. “It has been a pleasure working with everyone at Canvas Credit Union, and we look forward to continually supporting their vision for delinquency and risk management in the future.”

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 About AKUVO  

AKUVO is the creator of Aperture, a modern, cloud-based collection platform powered by data and analytics. Built by a team of individuals, each with more than 20 years’ experience, the company takes a visionary, behavior-based approach to credit risk and delinquency management through its products and advisory services.  To learn more, visit www.akuvo.com.  

About Canvas Credit Union (canvas.org)

Canvas Credit Union is a safe and insured financial institution with over $3.8 billion in assets and nearly 284,000 members. Canvas provides a full array of financial products and services, including savings, checking, loans, mortgages, and online and mobile options. Serving Colorado communities for more than 84 years, Canvas currently has 33 branches. Internally, Canvas is well recognized for its culture and has been certified by the Great Place to Work® Institute for four consecutive years.