Fiserv Awarded SWIFTReady Reconciliation Accreditation for 11th Consecutive Year
Brookfield, Wis., US, 25 October 2010 - Sibos Stand A634 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, has once again been awarded the SWIFTReady Reconciliation Label 2010. This is the eleventh consecutive year that the Accurate(TM) transaction matching, reconciliation and exception management solution has met Swift's stringent requirements and received this accreditation.
"Fiserv's latest accreditation exemplifies the company's continual work to deliver significant operational benefits through the promotion of SWIFT standards worldwide," said Patrik Neutjens, head of partner management at SWIFT. "With over a decade of uninterrupted accreditation, Fiserv demonstrates true commitment to the need to improve financial control processes and re-enforces its ongoing dedication to deliver leading risk management and compliance solutions to the global financial services industry."
"Our clients look to us to continually improve their reconciliation processes in order to increase efficiency, mitigate risk and stay ahead of the regulatory and compliance curve," said Andy Mellor, product manager, Risk and Compliance at Fiserv. "Fiserv's commitment to exceeding SWIFT standards year-on-year ensures that our customers can realize fully the benefits of enhancing financial controls within their organisations. As part of that commitment, Fiserv continues to develop solutions that address the industry's growing needs and conform to SWIFT's stringent mandates."
Fiserv will be showcasing its SWIFTReady reconciliation solutions at Sibos 2010 in Amsterdam. The event runs from 25th-29th October and Fiserv is located in booth A634.
Financial Control Solutions from Fiserv serve as a foundation to enhance operational control, business efficiency, risk management and compliance strategy for organisations across the globe. The solution suite delivers market leading capabilities across transaction matching, account reconciliation, exception management, account certification, balance sheet attestation, reporting and performance management.
Risk and Compliance represents one of the five core competencies of Fiserv. As a singlesource provider, Fiserv offers a unique breadth of solutions to help clients optimise usage and return on capital by making risk transparent and actionable within their organisation. Solution areas include Financial Risk Management, Financial Performance Management, Financial Crime Risk Management and Financial Control Solutions. To learn more visit www.fiserv.com or watch Andy Mellor, product manager, Risk and Compliance, Fiserv talk more about SWIFTReady Reconciliation Accreditation http://www.youtube.com/watch?v=ENutkfJoCFk.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
For more information contact:
Media Relations:
Julie Nixon
Public Relations Manager
Fiserv, Inc.
678-375-3744
julie.nixon@fiserv.com
