August 12, 2019 — Celero, a proven solutions integrator for credit unions and financial institutions across Canada, has signed a 10-year partnership agreement with ebankIT, developer of a leading omnichannel digital banking platform.
“This strategic partnership brings the ebankIT digital banking platform more broadly to the Canadian market. It enables Celero to accelerate the pace of innovation for credit unions and financial institutions selecting this solution,” says Bob Reczka, CEO, Celero.
The formation of this long-term relationship between Celero and ebankIT represents a transformative opportunity for credit unions to advance their technology roadmaps and enrich their members’ experiences.
“We are proud to have Celero as our partner in the Canadian market – they are truly a collaborative and innovative company. This agreement signifies a steadfast, stable partnership between our two organizations, and we believe it will result in future opportunities and innovations for Canadian financial institutions in years to come,” says Renato Oliveira, CEO of ebankIT.
A credit-union led initiative
The ebankIT solution was selected after an extensive search conducted on behalf of more than 120 credit unions and financial institutions across Canada, who were seeking a robust and agile digital banking solution. Celero was chosen as the solutions integrator for the initiative.
“We considered leading solutions from around the world and ebankIT offers the most complete and dynamic digital banking solution on the market today,” says Jennifer Mullen-Berube, Executive Vice President and Chief Branding & Innovation Officer at Assiniboine Credit Union. “They are known for their innovation, speed, responsiveness and successful execution. With ebankIT, we get a long-term competitive solution, solid opportunities for operational efficiency, and most importantly, a superior member and employee experience,” she adds.
“Coupled with Celero’s integration expertise, I believe this solution changes the paradigm for credit unions, enabling us to accelerate our innovation and efficiently deliver exceptional experiences to our members,” says Mullen-Berube.
Assiniboine Credit Union is part of a founding group of credit unions who have selected the ebankIT solution, including Access Credit Union, Steinbach Credit Union, Synergy Credit Union and Connect First Credit Union. This group has invested in creating a foundational digital banking product for Canadian credit unions who want to leverage the power of ebankIT and Celero’s integration capabilities.
Integrations begin in late 2019
Development and integration efforts are well underway, with Assiniboine Credit Union planned as the first organization to migrate to the ebankIT platform in early 2020 with additional migrations planned throughout the year.
“While our clients actively assess and select solutions that best fit their strategic requirements, we are committed to delivering and supporting technology solutions that position our clients competitively and successfully in the marketplace. We believe this market-ready solution does exactly that,” says Simon Vincent, Executive Vice President, Banking and Omnichannel Solutions and Services.
The digital banking solution will officially launch at Celero’s Fintech Conference in October. For more information, please contact us.