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DNA enjoys strong momentum following acquisition of Open Solutions by
Fiserv
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Innovative technology combined with the stability and leadership of
Fiserv attract five banks and seven credit unions to DNA
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Institutions complement DNA with leading surround solutions from Fiserv
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that 12 institutions — five banks
and seven credit unions ranging in assets from $116 million to $5.5
billion — have selected DNA™ during 2013, following the acquisition of
Open Solutions by Fiserv on January 14, 2013.
Recognized
by industry-leading analysts for its technology, user experience and
breadth of functionality, DNA from Fiserv is the first open,
person-centric core banking platform built for global collaboration. The
platform provides 24/7 real-time processing and is supported by an
extendable relational data model designed around individuals and
relationships. As a result, financial institution staff can securely
view complete profiles of retail and commercial customers by person,
product or account.
"DNA enables us to deliver the real-time banking experience our
customers expect," said Lisa Welander, senior vice president and Chief
Information Officer at Heritage Bank — the first institution to announce
its selection of DNA following the acquisition of Open Solutions by
Fiserv. "The platform's open architecture offers the flexibility and
scalability to support our aggressive growth strategy and is enabling us
to merge three separate institutions into one during our DNA
implementation."
With robust retail, mortgage and commercial banking capabilities and
extensive integration and customization tools, DNA will support the 12
institutions who recently selected DNA for the long term. A
service-oriented architecture (SOA) and web services application
programming interface (API) will enable the clients to easily enhance
the platform with solutions from Fiserv and third-parties. The DNA users
will also have access to the DNAcreator™ development toolkit, which
allows IT professionals to create and sell custom core extensions called
DNAapps™ to other financial institutions via the DNAappstore™.
Joining Heritage Bank (Olympia, Wash.) on the collaborative DNA
platform, or extending their relationship with Fiserv by selecting DNA,
during the first eight months of 2013 are Community Bank — Wheaton/Glen
Ellyn (Glen Ellyn, Ill.), Evansville Teachers Federal Credit Union
(Evansville, Ind.), First Federal Savings & Loan (Bath, Maine), First
National Community Bank (Dunmore, Pa.), Greater Nevada Credit Union
(Carson City, Nev.), MIDFLORIDA Credit Union (Lakeland, Fla.), Navigant
Credit Union (Smithfield, R.I.), NCB, FSB (Hillsboro, Ohio),
Randolph-Brooks Federal Credit Union (Live Oak, Texas), Vermont Federal
Credit Union (Burlington, Vt.) and Wildfire Credit Union (Saginaw,
Mich.).
"Banks and credit unions have always benefited from the innovative
approach to account processing delivered by DNA. With the leadership and
breadth of solutions offered by Fiserv, DNA users have gained additional
value by adding complementary Fiserv solutions such as CheckFree®
RXP®, Popmoney® and the Accel™ payments network to
enhance their core investments. This value adds to our momentum as
demonstrated by the recently announced selection of DNA by Wildfire
Credit Union and Randolph-Brooks Federal Credit Union," said Steve
Cameron, president, Open Solutions Division, Fiserv.
Additional Resources:
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.
412-577-3341
julie.smith@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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