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

Published byAnastasia Hoover Modified over 9 years ago

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Presentation on theme: "National Report: System Trends Joanne De Laurentiis September 15, 2003 Huntsville, Ontario 2003 CUMA Conference."— Presentation transcript:

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

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

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

4 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 416-232-3462)

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

6 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 416-232-3445 )

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

8 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

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

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

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

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

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

14 THANK YOU QUESTIONS?

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