ITCU Strategy

CIO Podcast – Core Business Applications in the Cloud

Listen to the Podcast

I think that Credit Unions can learn quite a bit from the general commercial business community. Certainly they would learn more on the security and DR side, but CUs could really benefit from podcasts like the one that I have posted here from my CIO Exec Series Group meeting held. The CIO in this podcast is just flat out breaks the rule and follows his own lead. He is fearless.

Two Credit Union Strategists that I work with follow this same rule. One in particular a $1.8 billion dollar CU has outsourced all their Core Systems to a CUSO and the CU focuses on staffing Business Analysts. The CUSO handles the technical aspects of running the core systems and the third party interactions between the core and the member. By having this covered by the CUSO, his credit union can be incredibly focused on delivering value and differentiation to it’s members.

You can call it “Cloud” or anything that you want but at the end of the day, the focus on efficiency and delivering value differentiation is what a credit union should be focused on. I hope you enjoy the podcast and the accompanying CASE STUDY as well.