Harland Financial Solutions has launched UltraData Enterprise Merger Services, to aid merging credit unions in streamlining the data conversion process.
According to Harland Financial, while mergers and acquisitions can benefit both the acquiring and the acquired institution, blending systems, culture and staff often presents challenges to both the institutions and their members.
UltraData Enterprise Merger Services are designed to help alleviate many of these challenges using a proven methodology for providing success in merging core systems.
Three tiers of service –Manual, Guided and Premier, will enable financial institutions to choose the level of involvement needed.
Manual Merger Services is designed for small credit unions merging together. It provides overall management and guidance of the data conversion process with the institution taking on the majority of task-oriented work.
Guided Merger Services offers increased hands-on involvement and overall project management provided by Harland Financial Solutions.
Premier Merger Services is suited for larger, more complex mergers where the bulk of responsibility and workload of the data conversion process is removed from the institutions and managed by Harland Financial Solutions.
Kathy D’Alelio, vice president of professional and consulting services for Harland Financial Solutions, said: “UltraData Enterprise Merger Services is another example of the way in which Harland Financial Solutions continually assists its clients in improving growth opportunities, while minimizing risk.”