Strencom takes credit unions into the cloud with €2m deal

Tim Murphy, chief executive, Strencom

Company: Strencom

Done Deal:€2 million

The clincher:“The bespoke connectivity and cloud hosting platform provided by Strencom meets all our known regulatory, risk and compliance needs” - Danny O’Donoghue, Bishopstown Credit Union

Cloud-computing company Strencom has secured contracts worth €2 million with 140 credit union branches around the country.

The deal will see the Dublin tech firm provide cloud and connectivity services all to the credit unions, hosting financial data for branches with assets ...