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5 ways to avoid a bumpy core conversion

first_img continue reading » There are few situations more fraught with peril or packed with possibilities for credit unions than a core conversion.The data processing system is the hub of the wheel that makes the modern financial cooperative go ’round, and the conversion process can be bumpy. Then, when it’s over, credit unions must figure out how to harvest the potential of their new system.But credit unions don’t have to go it alone. Vendors provide guidance during and after the conversion process, and consultants weigh in with expert opinion. Plus, credit unions themselves are happy to share best practices emerging from their own experience. Here are five. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Statoil Joins GCE Subsea Cluster

first_imgGCE Subsea informed that Statoil has come onboard as a new industry partner in the GCE Subsea Cluster.“Being the largest company in Norway and one of the most capable and competent subsea companies in the world it is of great importance, and a great pleasure, to announce our partnership,” said Owe Hagesæther, CEO of GCE Subsea.“Statoil values the clusters national and international network and their driving role in industry driven R&D and innovation processes,” said Stein Olav Drange, vice president Technology Management in Statoil. “We also focus on building relations with the Oceans Industries Incubator and the Startup and ScaleUp programmes and companies in GCE Subsea, and believe that GCE Subsea will prove to be a useful arena for innovation relevant to our value chain.”GCE Subsea has 23 partners within industry, R&D, academia and public offices.The cluster’s main hub is located at the Coast Center Base at Ågotnes west of Bergen, one of the largests bases for subsea aftermarket activities.“GCE Subsea is one of Norway’s three Global Centres of Expertise representing most professional and important industry. We are excited to have Statoil onboard as a partner. This will strengthen the cluster significantly, and add force to our effort implementing our strategy for the Norwegian subsea industry,” Hagesæther said.last_img read more

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