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Second largest savings and loan cooperative in Mexico selects
Signature from Fiserv for account processing and an array of products
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Caja Morelia Valladolid chose Fiserv for its integrated solution set
and history of successful implementations in Mexico and Latin America
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In addition to Signature, the financial cooperative selected Aperio,
Teller, AML Manager, Fraud Risk Manager and Frontier solutions from
Fiserv
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Caja Morelia Valladolid has
selected its Signature® bank platform for account processing.
Mexico's second largest savings and loan cooperative with assets of U.S.
$235 million, 70 branches and more than 335,000 members, will also
utilize Aperio™ for online account opening, Teller for branch
management, AML Manager and Fraud Risk Manager™ for risk mitigation and
fraud prevention, and Frontier™ for reconciliation management.
"We chose Fiserv due to their experience with financial services in
Mexico and a strong history of implementations in Latin America. With
the Signature core solution, we know we will be able to manage
regulations unique to our country and offer personalized service," said
David Servando Martinez, general manager, Caja Morelia Valladolid.
"Also, the level of integration across Fiserv solutions will allow our
organization to grow as we achieve a higher level of efficiency and
potentially reduce total cost of ownership and processing times. With
these benefits, we will be able to better serve our members and focus on
delivering superior financial services to our market."
Caja Morelia's vision is to be recognized as the Mexican finance
cooperative that provides the most innovative and competitive savings
and loan products in the marketplace, complemented with a broad scope of
financial services to promote a better quality of life for its members
and associates. With the selection of Fiserv, this vision is supported
by leading edge technology that will allow the organization to serve its
members with agility, quality and personalized service through strategic
service centers located throughout Mexico.
Fiserv will deliver specialized channel tools through its Aperio and
Teller solutions for Caja Morelia Valladolid. Aperio Online Account
Opening is an account creation and cross-selling solution that allows
new and existing members to open multiple accounts online — anytime,
anywhere. The solution is integrated with Signature to ensure that new
accounts are opened and ready for use at the end of the account opening
process. At the teller line, Teller from Fiserv will give the
organization premier functionality for streamlining customer service,
offering a full suite of transaction management tools design to automate
daily operations.
"Fiserv shares Caja Morelia Valladolid's dedication to providing
accessible and innovative financial services. We operate on a
service-oriented architecture (SOA) model that delivers a winning
combination of integrated products and services to help our clients best
deliver quality service to their members," said Rene Salazar, Managing
Director for Latin America, the Caribbean and Canada, Fiserv.
Signature from Fiserv is a real-time, multi-lingual, multi-currency,
integrated account processing solution for global financial institutions
supporting a wide range of deposit and lending products. Benchmarked to
80 million accounts, Signature is a proven solution for mid- to
large-size financial institutions in multiple geographies, currently
utilized in 45 countries and 21 languages.
Additional Resources:
About Caja Morelia Valladolid
Caja Morelia Valladolid is a Finance Cooperative that promotes the
welfare of its members through access to quality savings, credit and
other financial services, promoting their social and economic
improvement through mutual aid based on cooperative principles and
values and administration with social responsibility. http://www.cajamorelia.com.mx/
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
FISV-G
Media Relations:
Julie Smith
Public Relations Manager
Fiserv,
Inc.
+1 412-577-3341
julie.smith@fiserv.com
or
Additional
Fiserv Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
+1 678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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