RALEIGH, N.C. – Constellation Digital Partners said it has released “Boötes,” the third major development milestone for the company following the launch of Aquarius and Aquarius 1.1 earlier this year.
According to the CUSO, the Boötes release is paramount as it enables the first three core connections on the Constellation platform, and “takes the developer experience to a new level by providing access to core data that allows developers to build services for authenticated users.” Additional core connections will be coming soon, the company said.
Constellation, which was initially founded by Coastal FCU and has since raised $38 million in funding from other credit unions and companies, said it provides a patented, secure and flexible cloud-based marketplace that enables upper to mid-tier credit unions and innovative app developers to provide safe, reliable, and next-generation digital financial service experiences.
‘Major Road Block Removed’
“A major road block has been removed for developers with the release of Boötes,” said Developer Evangelist Daryl Thornton. “Fintech service providers can now scale their solutions across three core banking platforms by integrating with one solution. The Boötes release lays the groundwork needed for developers to authenticate members and access member data on the Constellation platform.”
Constellation said with Boötes, fintech service providers can develop a single instance of a service that can communicate with multiple credit union core systems. The effort of connecting to individual core systems for member data, balances, transactions and more will soon be a thing of the past, the company said, adding that fintech service providers can add new credit union customers quickly without the challenge of core integration. In addition, user authentication is also handled by the Constellation platform.
‘Reusable Security’
“The speed and flexibility of our platform is resonating with our fintech partners and our credit unions,” said Founder and CEO Kristopher Kovacs. “Before we even released Boötes, we had 37 fintech partners working on 45 new digital services through our Developer Portal. With this release, we are providing our developers with reusable security and seamless core integration, which is similar to throwing an accelerant on their innovative fires.”
Constellation added that its patented secure marketplace enables credit unions to engage members in a way that’s never been possible before.