AKUVO’s Aperture collections software signs its FIRST client
Jay Mossman, the creator of Akcelerant collections software and software innovator, formed AKUVO to look at a better way of delivering portfolio analytics and delinquency management. It has been 21 years since the Akcelerant (now Temenos) platform was created, and new and improved technology is now available that the old platform cannot take advantage. Jay has said “it is time to let risk strategies drive collection strategies and make risk management a growth opportunity for credit unions.” AKUVO has built a team of industry experts that is now delivering on this new vision. In their soft launch of their groundbreaking innovative new AI and machine learning portfolio management and collections platform Aperture, they have signed their first major client.
In a LinkedIn post from October 28th, they announced this signing.
“AKUVO is honored and excited to officially welcome Canvas Credit Union as our FIRST Aperture Trailblazer! 👏 Canvas has chosen to partner with AKUVO to leverage Aperture to make their delinquency management process more efficient, effective and a better experience for the members today, while driving loan growth opportunities for tomorrow. We look forward to the success that we will achieve together!”
Aside from Aperture’s state of the art AI machine learning capabilities, two of the features of Aperture are its quick implementation, reportedly, about 90 to 120 days. Being cloud based allows AKUVO to maintain updates and implementations from their end resulting in reduced project timeframes and client manpower needs.
While Canvas CU is the first signing, according to conversations with AKUVO’s executives, this is only the first of several large credit unions already lining up.
About AKUVO
AKUVO creates, delivers and supports data-driven technology and consultative services focused on member and portfolio risk management, specifically for credit unions. AKUVO’s technology and services are rooted in the latest data science applications, including machine learning, artificial intelligence, and natural language processing, to ensure credit unions have the right tools and technology to compete and win in the financial services market. Additional information is available at https://akuvo.com/.
$3.9B Canvas CU signs with AKUVO
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