CSI, a premier provider of financial software and technology, announced a new milestone. Its NuPoint solution is now the second-most-used U.S. Core Banking Platform. This ranking comes from FedFis, a leading banking market data provider. FedFis reports that 10.1% of all U.S. banks rely on NuPoint. They use the software to run their critical daily operations. The achievement highlights the rising demand for modern core technology. Moreover, banks must keep pace with digital transformation efforts. CSI has become one of the fastest-growing core providers. They maintain a strong focus on client service excellence.
Driving Growth for Financial Institutions
Nancy Langer, president and CEO of CSI, emphasized the product’s value proposition.
“Financial institutions choose NuPoint and CSI because we deliver on two critical fronts: modern, open technology optimized for community and regional institutions alike, and a service model that prioritizes true partnership. NuPoint offers an essential foundation. This foundation helps financial institutions reach growth goals. Furthermore, this lets them compete with the nation’s largest banks.”
Brant Ward, President of Signature Bank of Arkansas, agreed.
“NuPoint’s built-in capabilities combined with its open architecture power everything we do, transaction processing, loan management, analytics, fraud detection, and with full integration across our technology stack.”
Tanner Mayo, President of FedFis, noted the market shift. He highlighted that CSI’s growth reflects its ability to meet demand. The expansion into mid-tier banks shows its scalability. CSI is now a formidable partner in the Core Banking Platform landscape. This market was historically dominated by legacy providers. CSI continuously invests in its banking ecosystem. This allows them to advance their digital offerings. The Core Banking Platform remains vital for competitive success.
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News Source: Businesswire.com
