National Report: System Trends Joanne De Laurentiis September 15, 2003 Huntsville, Ontario 2003 CUMA Conference.

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Presentation transcript:

National Report: System Trends Joanne De Laurentiis September 15, 2003 Huntsville, Ontario 2003 CUMA Conference

Reducing Operating Costs Finessing the Regulatory Framework Supporting System Restructuring Agenda : National Report: System Trends

Reducing Operating Costs National Report: System Trends Debit Transaction Switching - Migration Project to new provider – SwitchCo (joint venture of Celero Solutions and NYCE Network)

National Report: System Trends Reducing Operating Costs (con’t) Switching Migration Project Strategic Procurement Discount Program (For more information about Strategic Procurement, contact Donna Bailey at )

National Report: System Trends Reducing Operating Costs (con’t) Switching Migration Project Strategic Procurement Discount Program National Connectivity

Switching Migration Project Strategic Procurement Discount Program National Connectivity Common Point of Purchase (CPP) National Report: System Trends Reducing Operating Costs (con’t) (For more information about the CPP Alert system, contact Lorraine Ogley at )

Click to add slide copy Click to Add Heading National Report: System Trends Reducing Operating Costs (con’t) – Common Point of Purchase (CPP)

Finessing Regulatory Framework National Report: System Trends Current Cost of credit disclosure Privacy and money laundering courses & procedures Retail association definition BIS rules Future Preparing for Legislative Review – 2006

Finessing Regulatory Framework (con’t) National Report: System Trends Legislative Review – 2006 Regulatory Harmonization –Cost of credit disclosure rules –Privacy legislation compliance

Finessing Regulatory Framework (con’t) National Report: System Trends Legislative Review – 2006 Regulatory Harmonization BIS & Capital Adequacy Standards

Supporting System Restructuring National Report: System Trends CUSOURCE™ Credential Group –Credential Financial Inc. –Ethical Funds Inc.

Supporting System Restructuring National Report: System Trends CUSOURCE™ Credential Group Broader system: –OPCO –Celero Solutions –SwitchCo –League Data/CGI –Genesis

Credit Union Central of Canada National Report: System Trends Check out our Web site, Sign on for electronic news, publications Marketing materials Conferences

THANK YOU QUESTIONS?