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Celero announces 10-year partnership agreement with ebankIT to deliver omni-channel digital banking solutions to Canadian credit unions

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.

About ebankIT
ebankIT is an international company that develops a leading Omni-Channel digital banking platform with capabilities to enable Banks and Credit Unions to run lean, run smart and innovate fast, helping their customers to be one step ahead at a fraction of the cost, time and effort. ebankIT’s mission is to help the banking business realize their full potential, strengthen customer relationship while minimizing costs and increase digital revenues. The vision is about shaping the digital banking with an innovative banking platform with out-of-the-box omni-channel capabilities. Operating in over 20 countries, ebankIT is helping customers all over the world to transform their businesses by delivering a fast-seamless Omni-Channel Digital Banking Transformation. For more information, please visit: www.ebankIT.com.

About Celero
Celero is a leading provider of digital technology and integration solutions to credit unions and financial institutions across Canada. Clients trust Celero’s proven track record delivering innovative banking technologies, digital and payment solutions, cloud computing, outsourcing, IT, and advisory services. Celero offers reliability and security through its world-class hosted banking system and data centre operations.  With key partnerships across the globe, Celero also brings the scale and extensive capabilities of multinational technology companies and the focused expertise of fintech startups.  For more information, visit celero.ca.