Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Tinker FCU running in virtual environment
OKLAHOMA CITY, Okla. (2/5/09)--Tinker FCU announced Tuesday that it is now operating in a virtual environment--which has helped the credit union save about $225,000 a year, extend branch hours by five hours and improve energy efficiency, the credit union said. Tinker is running EPISYS, a core information processing platform used by credit unions, with a virtualized Storage Area Network (SAN) environment. The virtualization allows the credit union to run multiple operating system environments on the same computer. Using the new architecture, Tinker has reduced its number of servers to 40 from 160. “We don’t have to keep growing data centers because we now store information on disk, rather than tape,” said Steve Mooney, Tinker vice president of information system operations. “This type of system is the future in technology.” Tinker has seen a 40% to 45% increase in performance with overnight processing of transactions, and a 50% to 55% improvement in backup processing. Symitar, which owns EPISYS, assisted the credit union with the virtualization. Symitar might offer the same type of environment to smaller credit unions who could not previously afford it, Tinker said. Oklahoma City-based Tinker FCU has $1.8 billion in assets.


RSS





print
News Now LiveWire
About 1 in 5 #CUs offer credit-building loans,@SchenkMike @CUNA vice president of economics and statistics, told @CreditCardsCom
12 hours ago
RT @CUNA: DDoS attacks shorter, intense, more expensive: @VERISIGN HT @newsnowlivewire http://t.co/QiQKIEjK5v
13 hours ago
RT @CUNA: .@CUNACouncils launches new website. Offering site tours to current members. Check it out! http://t.co/YFJA1tKIxn
13 hours ago
.@Discover to support #ApplePay by fall http://t.co/3wDjkOVU7P HT @Forbes
14 hours ago
.@HUDgov requires investors to delay foreclosure for a year and offers a non-profit only pool sale http://t.co/WYzQrTL3QA
17 hours ago