We’re excited to bring together expert credit union technologists to share their knowledge on topics that are top-of-mind for all credit union executives. From cybersecurity trends to hybrid cloud environments, you’ll learn about tech-based efficiencies that help your credit unions run more smoothly to serve members better. For example, it’s estimated that by 2025, 95% of enterprises will manage their data in a hybrid cloud environment. Is your credit union prepared for that?
Credit union technology experts Alex Munro and Andy Tripp, along with the WRG team, will share: • When (and when not) to use cloud computing • Increased COVID-inspired and other cyberattacks, particularly ransomware, and what to do about it • Risks and recommendations for physical infrastructure vs virtualization
As we move further into 2021, it’s clear the credit union business has changed even if the foundational philosophy has not. People have come to rely on technology more at home and work; employees are spending less time in the office and credit unions have discovered how to be more efficient through technology, particularly during the COVID-19 pandemic. That said, have you found the right partner to help solve common problems that keep CTOs up at night?
Take credit union core hosting and managed services, for example. Approximately half of all credit unions outsource their core hosting, CUinsight reported, and they are saving between 25% and 50% versus managing their own core.
There are many benefits to outsourcing your core hosting and the various levels of managed services a credit union leader might consider, from potential IT hardware and data center investment savings to personnel savings (particularly in the high-priced tech space) to compliance and more. That means your credit union can refocus your team on doing what they do best: Serve the members.
Key Core Hosting & Managed Services Benefits
Hosting either your servers running your applications or your applications and data on external servers. Core hosting and managed services providers take on the heavy lifting of providing both physical security as well as protection against ever-increasing cybersecurity threats.
Continuity of Business
Ensure real-time replication of your credit union’s data with geographic diversity. If there’s a hurricane or wildfire in your area, your credit union can continue operations, if necessary, virtually. Companies, like WRG, feature data centers with solutions to let your services fail over to another facility, giving you the peace of mind that your network will stay up and running, and your data is safe.
Companies in core hosting and managed services have the right people who know how to run central services remotely. You can have a team that’s dedicated to running your services and creating the best solution for you, keeping the network connected, secured, and running smoothly without interruption every day of the year.
Do you have batch processes that need to be run at certain hours? Reports that need to be generated off your systems? Managed services firms can work with your credit union to automate processes to handle myriad processing demands when you need them.
CreditUnions.com reported that one $56 million credit union saved $50,000 in one year by outsourcing, and a $335 million credit union saved $15,000 each month!
And at WRG, we’re proud to provide all of this, plus the flexibility and control you need to succeed. If you’d like WRG to simply provide power and connectivity to your servers, we can do that. If your credit union would like maintenance and support for your servers in our data center, we can do that, too. Or would you prefer to use our servers for your applications and data? WRG can support that model or any combination.
WRG is a CUSO, wholly owned by Wescom Credit Union, so we understand your needs and we’ll work with you to identify the best solution to suit your credit union’s needs. We want to be the business partner that takes much of the weight off your IT and operations teams’ back to help them stay focused on looking forward, and not just keeping your credit union up and running today. With WRG’s Unitri Managed Services, we can help super-charge your team with the right expertise, processes and products to keep you serving your members.
Click here to learn more about Unitri, and please don’t hesitate to reach out to Kerry with your questions.
When Strata Credit Union determined it was time to switch core processors, it looked to Wescom Resources Group for its core hosting and managed services.
“We’re excited to be moving to Corelation and WRG,” Strata CU CEO Brandon Ivie said. “We’re excited to move to a modern core and have WRG providing flexible hosting to help Strata make more efficient use of our time.”
Above and beyond core hosting, WRG will be managing processing and business continuity services for Strata CU. Strata CU Vice President of IT Brenda O’Doherty added, “By outsourcing our core hosting with WRG, we have the best of both worlds because of its flexibility. And we’re able to reallocate our team’s time to more strategic matters. I also like having specialists devoted to our cybersecurity 24/7 to protect our members’ data.”
Core hosting and managed services is about deciding how to better manage your credit union’s resources, so your credit union’s team can focus on improving and expanding service to your members. For WRG, a wholly owned CUSO of Wescom Credit Union, it’s also about delivering excellence through products, processes and people. WRG is all about helping your staff serve your credit union’s members.
“Strata Credit Union is making great strides to serve consumers, and we’re proud the team selected WRG to assist along its journey,” WRG Director of Sales and Marketing Kerry Schiappa said. “Our core hosting possesses an incredibly experienced team to alleviate credit unions’ operational burdens and streamline their success. We can’t wait to get started!”
Since 2002, WRG’s mission has been to build ever-stronger relationships, systems and processes that enable our credit unions to innovate and prosper, redefining what it means to be a credit union technology partner. Our unique combination of platforms, including Unitri and Tellergy, services and knowledgeable people make for a powerful credit union-based infrastructure. The WRG team operates around 5 core values: Client Focus, Teamwork & Collaboration, Excellence, Integrity and Innovation. Learn more today at www.WescomResources.com.