AWS Public Sector Blog
Category: RDS for Db2
Elevating credit unions: Transforming core banking on the AWS Cloud
Credit unions play a crucial role in communities by providing a diverse range of financial services driven by their members’ needs. These services, supported by core banking applications, form the backbone of credit union operations. Traditionally, credit unions use legacy systems for their core banking applications, such as lending, payments, and deposits. But these systems are monolithic, expensive, and lack open architecture, impacting credit unions’ abilities to deploy changes based on market demands. In this digital age, cloud computing offers a transformative solution, and as we will explain in this post, Amazon Web Services (AWS) stands at the forefront.