Co-op Money NZ, the trading name for the New Zealand Association of Credit Unions, which represents co-operatively owned credit unions and mutual building societies, has chosen the Flexcube core banking system from Oracle FSS.

Henry Lynch, CEO of Co-op Money NZ, says Flexcube will replace its legacy core banking system and it ‘will become the one-stop solution for all information across members that will use the system’.

Lynch says: ‘The Oracle solution was chosen by a majority of our credit union members after an in-depth consultative process that had us discussing its relative benefits and advantages. We are focused on becoming increasingly agile, responsive to member needs and resilient to change, and Flexcube ticked all those boxes for us.’

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