MDT Announces Elevated Go-Forward Strategy to Help Credit Unions Compete and Remain Institutions of Choice
MDT shares plan to expand consulting solutions, introduce public cloud-environment solutions and double down on digital transformation solutions
MDT today announced its go-forward company strategy that will help credit unions embrace advancing technologies, meet evolving member needs and succeed in an increasingly complicated environment.
As credit unions face a more challenging regulatory, security and competitive landscape, MDT is dedicated to serving as a navigator for credit unions, guiding them through the complexities of the modern financial technology landscape. To help propel this mission, MDT is expanding its consulting solutions, offering credit unions the expert guidance, tailored solutions and strategic support necessary to overcome obstacles and achieve their goals. These consulting solutions will cover a wide range of areas including digital transformation, project management, fintech vendor selection, AI, operational efficiencies and security. An intentional shift to public cloud-environment solutions is also part of this go-forward approach.
“MDT has always been a strategic partner that helps guide major decisions and projects for their credit union partners. When looking toward the future, it’s a natural progression for the organization to place even more focus on consulting solutions. In doing so, we will remain committed to service, prioritizing the availability of technology solutions and aiding in the navigation of the fintech landscape,” said Patrick Spyke, LAFCU and board chairman of MDT. “Our future looks bright, and we are well positioned for continued evolution by investing in cloud-based solutions, providing comprehensive consulting engagements, and offering technologies that benefit our credit unions across the country and make them the preferred choice for members.”
“We recognize that credit unions face major hurdles when it comes to keeping up with rapidly evolving regulations, security threats, new market entrants and advancing technology,” said Matt Baaki, Chief Technology Digital Officer of MDT. “We are committed to acting as an extension of credit unions’ teams, helping them to maintain efficiencies while focusing on exceptional member service and offering the solutions members need. This means providing comprehensive expertise to help credit unions successfully navigate financial technology ecosystems while increasing our investments in public cloud-environment solutions that enable impactful digital transformation. We are confident this strategy will empower our credit unions to grow and solidify their positions as institutions of choice.”