Innovation has always focused on simplifying banking for everyday Canadians. As our membership grows, enhancing our technology becomes crucial to serve you better. That’s why we partnered with digital infrastructure company, Equinix, to modernize our platform, opening up exciting new opportunities to help us help you! Read on to find out why we made the switch, and the benefits you can expect.
Why Make the Change to Equinix?
The financial services landscape is changing, and Innovation wants to stay ahead of the curve. Our long-term goal is to provide cloud-based solutions that are more convenient and effective for you. However, older networks with slower connection times made changes difficult. That’s where Equinix came in. Innovation worked with Equinix and their partner Oncore Cloud Service to build new infrastructure from the ground up that fits our needs and more importantly, your needs! Read our Equinix case study for details (pdf).
How This Technology Upgrade Benefits You
Faster and More Responsive Services: Get ready for a speed boost! Our new technology upgrades will provide faster connections, leading to quicker response times. That means all your transactions and daily digital banking activities happen faster. In fact, we estimate a 50% or more increase in response time speeds! But there's more. With the move to dedicated connections, you can also expect fewer delays and a smoother online banking experience in general.
Enhanced Online Security: Our priority remains your financial and personal security. With the addition of new dedicated connections, you can expect significant improvements in your data security. You’ve never been safer banking online.
Access to New and Exciting Services: Innovation can now access a diverse collection of service providers. Using services such as Equinix Fabric®, Innovation can now partner with organizations to bring you the latest banking features, calculation tools, and financial products. The possibilities are truly endless!
How Innovation is More Empowered to Serve You Better
Supporting a National Audience: Innovation’s membership continues to grow every year following our approval to operate as a federal credit union in 2023. Equinix and Oncore’s support ensured we met the requirements of the Bank Act (Canada). But more importantly, Equinix’s investment in data centres in Canada ensures that we can bring Innovation services to Canadians across the country more effectively.
Ready for the Future: Another major reason for choosing Equinix is how close their facilities are to Microsoft Azure regions. This means easier access to the newest digital tools and features while also ensuring a smooth cloud-based experience. In other words, we can provide you with the latest banking services and ensure it runs more smoothly than the competition.
With these exciting advancements, Innovation not only meets but exceeds the expectations of modern banking. Whether it's faster transactions, enhanced security, or access to cutting-edge tools, your banking experience is set to transform for the better!