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Gigabit January 2019

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TRULIANT FEDERAL CREDIT UNION<br />

146<br />

“I HAVE OTHER<br />

COMPANIES LIKE<br />

MERIDIANLINK WHO<br />

SUPPORT US FROM<br />

A LENDING PLATFORM<br />

STANDPOINT AND<br />

THEN SECURITY<br />

PARTNERS SUCH AS<br />

FLEXENTIAL WHO<br />

PROVIDES HOSTING<br />

CAPABILITY”<br />

—<br />

Sandeep Uthra<br />

CIO, Truliant Federal<br />

Credit Union<br />

more technologically advanced processes<br />

to better prepare for the future of banking.<br />

“Members are changing the way they interact<br />

with financial institutions,” he explains. “I think<br />

we all know that these days people compare<br />

our sector with companies like Amazon, right?<br />

They want us to be simple and nimble – like<br />

shopping on Amazon. This demand is driving<br />

us to create a simpler, more nimble and<br />

innovative personalization for all members.<br />

The consumer experience is king.”<br />

“On the other hand, data is at the consumer’s<br />

fingertips from many external sources to<br />

compare product or services so they are well<br />

informed. It is in our best interest to know<br />

consumers’ personalized needs in a faster<br />

and agile way, to provide them with the best<br />

in-class experience. To make all this happen,<br />

we have focused on technology architecture,<br />

because speed is the new currency in<br />

financial institutions.<br />

These days, technology architecture must<br />

be simple enough to support integrated<br />

channels and with an alignment of data to<br />

understand or predict members’ needs.<br />

“Simplification and Personalization is the<br />

game here,” Uthra explains. “Financial<br />

institutions should work to simplify their<br />

technology landscape and leverage microservices<br />

or APIs (application programming<br />

JANUARY <strong>2019</strong>

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