T24 News

Vancouver City Savings Credit Union (Vancity), the largest credit union in Canada, has gone live on Temenos’ T24 core banking system.

Vancity chose Temenos back in 2010. Consultancy firm VenuxSoft, which provides support for Temenos T24 in North America, assisted with the implementation. This included requirements analysis, software development, quality assurance, support and training.

Vancity was founded in 1946 and has $19.8 billion in assets, 59 branches and more than 519,000 members.

Temenos is already well established in Canada’s credit unions space, with clients comprising Integris, FirstOntario, Coast Capital and Blueshore Financial (formerly North Shore Credit Union – the first T24 taker in Canada).

Temenos’ flagship T24 offering also has a number of Canadian banks on its user list, such as EQ Bank, Canadian Western Bank and Laurentian Bank.