A focus on API-enabled integration, responsive design and the delivery
of a unified user experience have earned Fiserv,
Inc. (NASDAQ: FISV) the “best-in-class” ranking among U.S. core
banking system providers in a recent
report from global research and advisory firm Aite Group. The report
explores key trends within the core system market and recognizes vendors
for their strengths in critical areas. Fiserv is the only provider to
achieve the best-in-class status this year.
“Success in today’s market means solutions have to be real-time, secure,
efficient, and always up,” said Christine Barry, research director,
Wholesale Banking, Aite Group. “Given the extreme importance being
placed on user experience and the ability to more easily leverage
emerging fintech capabilities within a single ecosystem, Fiserv
initiatives to facilitate integration of services into the core
platform, as well as deliver a similar look and feel across all of its
products and services, are critical steps to equipping Fiserv clients to
compete in today’s marketplace.”
The Aite Impact Metrix (AIM) evaluation, a highly governed and
quantitative vendor evaluation methodology, analyzed the overall
competitive position of each vendor, focusing on vendor stability,
client strength, product features, and client services.
Aite Group highlighted current Fiserv initiatives, including API
integration, that are making it easier to integrate Fiserv core and
surround solutions with third-party offerings, while also noting that
the company offers a full suite of solutions capable of meeting all or
most bank and credit union needs. The Fiserv focus on user experience
and responsive design to achieve a similar look and feel across its
solutions was also recognized as a primary component of the overall
Fiserv strategy. Taken together, these initiatives facilitate a better
experience for both financial institutions and their customers.
Fiserv also received high ratings from clients for the quality of its
management team and company reputation.
“Selecting a core platform provider is among the most important
technology decisions a bank or credit union will ever make,” said Byron
Vielehr, chief administrative officer, Fiserv. “Core platforms are the
foundation from which financial institutions serve their customers, and
we value the trust that our clients place in us as we work together to
enable their success in a continuously changing world.”
In a world moving faster than ever before, Fiserv helps clients deliver
solutions in step with the way people live and work today – financial
services at the speed of life. Learn more at fiserv.com.
Additional Resources
-
Aite Group – AIM Evaluation: The Leading Providers of U.S. Core
Banking Systems – fisv.co/AIMevaluationcoreprocessing
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences in step with the way people live
and work today. For 35 years, Fiserv has been a trusted leader in
financial services technology, helping clients achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
insights and optimization. Fiserv is a member of the FORTUNE®
500 and has been named among the FORTUNE Magazine World’s Most Admired
Companies® for six consecutive years, recognized for strength
of business model, people management, social responsibility and
innovation leadership. Visit fiserv.com
and follow
on social media for more information and the latest company news.
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