Transforming credit unions across Atlantic Canada using Mambu on AWS
League Data moved from its legacy core banking system to Mambu’s cloud-based solution running on Amazon Web Services (AWS), migrating the majority of its operations and developing a protocol to cut over customers to the new core in just 48 hours.
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- hour migration cutover time
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- credit unions migrated in one year
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- composable partner ecosystem
League Data
About the customer
League Data is a cooperative FinTech with a mission to help its customers— 37 credit unions in Canada’s 4 Atlantic provinces (Nova Scotia, New Brunswick, Newfoundland and Labrador and Prince Edward Island)—adapt to an evolving market through sustainable innovation, leadership, and support.
The company provides chief information officer (CIO) services to 37 member credit unions that operate a total of 130 branches providing financial services to 320,000 members.
Credit unions are a form of member-owned cooperative financial institution, usually operating locally or regionally, and provide day-to-day banking services to about 6 million Canadians. Because they are much smaller than Canada’s national banks, credit unions face a challenge building the infrastructure needed to provide services comparable to the large banks.
League Data was established in 1975 as an aggregator of services, providing better buying power and giving the credit unions it serves a united voice and access to products and services they could not easily afford on their own. In turn, this increases buying power and gives the group a stronger voice.
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