national report: system trends
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National Report: System Trends. 2003 CUMA Conference. Joanne De Laurentiis September 15, 2003 Huntsville, Ontario. National Report: System Trends. Agenda :. Reducing Operating Costs Finessing the Regulatory Framework Supporting System Restructuring. National Report: System Trends. - PowerPoint PPT PresentationTRANSCRIPT
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National Report: System Trends
Joanne De Laurentiis
September 15, 2003
Huntsville, Ontario
2003 CUMAConference
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• Reducing Operating Costs
• Finessing the Regulatory Framework
• Supporting System Restructuring
Agenda:
National Report: System Trends
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Reducing Operating Costs
National Report: System Trends
• Debit Transaction Switching - Migration Project
to new provider – SwitchCo (joint venture of
Celero Solutions and NYCE Network)
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National Report: System Trends
Reducing Operating Costs (con’t)
• Switching Migration Project
• Strategic Procurement Discount Program
(For more information about Strategic Procurement,
contact Donna Bailey at 416-232-3462)
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National Report: System Trends
Reducing Operating Costs (con’t)
• Switching Migration Project
• Strategic Procurement Discount Program
• National Connectivity
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• Switching Migration Project
• Strategic Procurement Discount Program
• National Connectivity
• Common Point of Purchase (CPP)
National Report: System Trends
Reducing Operating Costs (con’t)
(For more information about the CPP Alert system,
contact Lorraine Ogley at 416-232-3445 )
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Click to add slide copy
Click to Add HeadingNational Report: System Trends
Reducing Operating Costs (con’t) –Common Point of Purchase (CPP)
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Finessing Regulatory Framework
National Report: System Trends
Current
• Cost of credit disclosure
• Privacy and money laundering courses &
procedures
• Retail association definition
• BIS rules
Future
• Preparing for Legislative Review – 2006
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Finessing Regulatory Framework (con’t)
National Report: System Trends
• Legislative Review – 2006
• Regulatory Harmonization
–Cost of credit disclosure rules
–Privacy legislation compliance
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Finessing Regulatory Framework (con’t)
National Report: System Trends
• Legislative Review – 2006
• Regulatory Harmonization
• BIS & Capital Adequacy Standards
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Supporting System Restructuring
National Report: System Trends
• CUSOURCE™
• Credential Group
–Credential Financial Inc.
–Ethical Funds Inc.
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Supporting System Restructuring
National Report: System Trends
• CUSOURCE™
• Credential Group
• Broader system: –OPCO
–Celero Solutions
–SwitchCo
–League Data/CGI
–Genesis
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Credit Union Central of Canada
National Report: System Trends
• Check out our Web site, www.cucentral.ca
• Sign on for electronic news, publications
• Marketing materials
• Conferences
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THANK YOU
QUESTIONS?