Virginia Commonwealth Bank selects DNA from Open Solutions

Open Solutions has announced that Virginia Commonwealth Bank has selected its DNA, an enterprise-wide core relational platform, for the processing needs.

Enhanced by Open Solutions’ advanced open platform, DNA capitalizes on the strength of Open Solutions’ data model and design, while increasing workflow, flexibility and productivity. Built on integrative Oracle relational database, the solution provides the necessary flexibility for running a service-oriented financial institution.

Available as an in-house or outsourced solution, DNA helps banks streamline both front- and back-office processes and creates a comprehensive view of customers, employees and business partners. Virginia Commonwealth Bank will implement DNA in an outsourced environment.

Louis Hernandez Jr, chairman and CEO of Open Solutions, said: “Virginia Commonwealth Bank has proven that it is possible to maintain a leadership position that is both conservative and innovative. We are proud to work with such a distinguished institution as they continue to provide the exceptional service that their community has come to expect for more than 70 years. We look forward to a productive and lasting relationship with Virginia Commonwealth Bank well into the future.”
Source: Datamonitor

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