Profile's core banking solution chosen by Saint John's Cooperative Credit Union

Profile's Core Banking solution will provide SJCCU with a single, integrated core banking environment that efficiently covers end-to-end membership management, with deposit accounts, debit cards, loans, payments, cashiering and reporting, ensuring automation, transparency and scalability.

Profiles core banking solution chosen by Saint Johns Cooperative Credit Union

This article is an AI translation of an original piece published in Greek. Read original

The Profile (ATHEX: PROF), an international technology group, announces that Saint John’s Cooperative Credit Union (SJCCU) has selected Finuevo Core as its new core banking platform. The partnership supports the organization’s strategic goals of enhancing operational efficiency, improving lending processes, and providing an upgraded digital experience to its members.

With more than 40 years of operation, SJCCU is a leading financial institution in Antigua & Barbuda, offering a full range of savings products, lending services, and business solutions to its members.

Profile’s Core Banking solution will provide SJCCU with a unified, integrated core banking environment that efficiently covers end-to-end member management, including deposit accounts, debit cards, lending, payments, teller transactions, and reporting, ensuring automation, transparency, and scalability.

Specifically in the lending process, Finuevo Core will optimize loan approval and management procedures through automated workflows, enhanced credit assessment and approval mechanisms, collateral and credit limit management, as well as delinquency and collections management, while providing real-time loan portfolio monitoring and performance analysis capabilities. The new platform will also accelerate the launch of new products to the market through the powerful capabilities of its product factory.

Based on a modular, componentized architecture with an API-enabled design, Finuevo Core will enable SJCCU to optimize processes, eliminate manual tasks, and securely interface with external systems, supporting future expansions and ensuring compliance with regulatory requirements.

Ms. Peta-Gay Rodney, General Manager at SJCCU, stated: “Selecting Finuevo Core is a significant step in our organization’s digital transformation. Profile’s solution enhances operational efficiency, proper credit management, and quality service for our members. We are confident that our partnership with Profile will support the long-term growth of our organization.”

Mr. Evangelos Angelidis, CEO of Profile, stated:“We are particularly pleased about our partnership with Saint John’s Cooperative Credit Union. Finuevo Core fully addresses the specific needs of cooperative financial institutions, combining robust core banking functionality with flexibility, security, and scalability. This project joins a series of significant partnerships we maintain in the Caribbean and strengthens our growing presence in the region.”

Profile Software remains committed to providing reliable and future-ready banking solutions that enable financial institutions worldwide to operate efficiently and serve their customers consistently and securely.

 

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