Press Release

Vancity Credit Union Drives Customer-Centric Transformation with iRise Visualization

Canada’s largest credit union using high-fidelity visualizations to accelerate delivery

El Segundo, Calif. – March 10, 2009 – iRise®, the world’s leading visualization solutions company, today announced that Vancity Credit Union, Canada’s largest credit union with $14.5 billion in assets and more than 400,000 members, has adopted iRise software solutions to streamline its business application development process. By using fully interactive software visualizations early in the definition process, business stakeholders at Vancity will be able to quickly collaborate on application requirements and drive faster delivery of business-critical software.

“It’s paramount for us to have a complete view of Vancity members,” says Catherine Boivie, chief executive officer, Inventure Solutions, Vancity’s information technology subsidiary. “We are always looking for ways to further improve our customer interaction and with iRise visualizations; our business analysts can now quickly preview different versions of applications with stakeholders and perform usability testing directly with member-servicing staff earlier in the process.”

“Visualization is a smart and essential strategy for getting innovative new systems to market faster, with less cost,” says Mitch Bishop, chief marketing officer of iRise. “By using dynamic and immersive visualizations, stakeholders fully interact with proposed business-critical applications and simultaneously provide valuable feedback to the IT organization. Ultimately, Vancity’s adoption of iRise will allow them to deliver member-oriented applications to market faster, with less rework and cost.” 

Software Visualization – The Ultimate Change Agent
The world’s best run companies recognize that tough economies are exactly the right time to take bold steps to change the status quo and leap ahead of the competition. Consistently delivering innovative and highly usable business-critical applications is often the key to capitalizing on this kind of market opportunity.  iRise visualization gives companies a powerful way to define applications right – the first time.  By enabling global organizations to “test drive” and fully experience systems early in the process, iRise is an essential strategy to consolidate application portfolios, accelerate delivery and leverage global sourcing without delays and cost overruns.

With thousands of projects completed successfully, the value of visualization has proven to be enormous for businesses in highly competitive markets:

• Get to market twice as fast;
• Eliminate 30% of project cost;
• Ensure success of global sourcing strategies; and,
• Dramatically improve customer experience

About iRise
iRise is the world’s leading provider of visualization software for business applications.    Visualization is quickly becoming a critical competitive advantage for businesses to more effectively communicate their needs to technology teams and give everyone involved the ability to fully experience applications before they are built.  Companies of all sizes like General Motors, UPS, Wachovia, Manpower, M.D. Anderson Cancer Center, and many others use iRise to “test drive” their applications before building, which accelerates time to revenue, improves customer experience, and drives costs down.  At iRise, our vision is that by 2020, all business software will be visualized before being built, the same way that every car, airplane, and building is visualized today.  Headquartered in El Segundo, Calif., iRise is backed by Morgan Stanley and Deutsche Bank, and has sales offices across North America.

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iRise is a registered trademark of iRise.  All other companies and products mentioned are trademarks and property of their respective owners.