• Bank extends its relationship with Fiserv for an array of integrated products centered on the Signature bank platform
• Aperio and teller solutions added to simplify processes and increase efficiency through enterprise-wide data availability
• Fiserv was selected due to its integration and best-of-breed solutions
Brookfield, Wis. – Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Old National Bank of Evansville, Ind., extended and expanded its relationship with Fiserv. Centered on the Signature® bank platform for account processing, Old National Bank chose an integrated technology suite from Fiserv consisting of solutions for payments, processing services, risk and compliance, business intelligence, and customer and channel management. The addition of the Aperio™ suite of solutions from Fiserv provides the bank with cross-channel components for enterprise-wide data availability and customer relationship management.
Old National Bank is focused on an aggressive growth strategy, which includes the acquisition of three banks in the past two years. The bank expects its selection of Fiserv will help simplify operations by reducing disparate, third-party systems and enabling better service to the communities it serves in Indiana, Illinois and Kentucky. With $9.6 billion in assets, Old National Bank provides multiple financial services and seeks to enhance relationships with consumers and small business customers.
"From an IT perspective, our key strategy is to simplify our environment. As our long-time account processing provider, Fiserv was the best choice. During our decision-making process, the question quickly became 'why wouldn't we use Fiserv,'" said John Kamin, executive vice president and Chief Information Officer, Old National Bank. "By implementing Aperio and the teller solution, we plan to drive internal efficiencies for our staff with more simplified processes and better access to data. In addition, our staff will be able to focus on their personal interactions with customers due to enhanced functionality and the amount of information now available at their fingertips."
The Aperio solution enables financial institutions to manage and excel at customer interactions, deploy consistent organization processes, and integrate applications and data throughout the enterprise. Proven at institutions with complex business requirements around the globe, Aperio is pre-integrated with the Signature bank platform from Fiserv, but is available to any financial institution regardless of core processing system.
"Our long-term partnership with Old National Bank demonstrates our experience and commitment to helping our clients achieve their strategic objectives," said Teri Carstensen, division president, Bank Solutions, Fiserv. "The strength of a financial institution's account processing platform provides the foundation on which customer experiences are built and enables integration and data sharing across channels. We will continue to support Old National through leading technology to drive efficiency, promote growth and enhance the user experience."
Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. Signature provides financial institutions with a complete end-to-end solution for account processing, which is fully integrated with other market-leading solutions from Fiserv. The bank will utilize the integration across products and delivery channels to optimize the customer experience and provide more efficient service.
In addition to Signature, Aperio and teller solutions, the Fiserv suite for Old National Bank includes CheckFree® RXP® and CheckFree® Small Business for bill payment, AML Manager and Fraud Risk Manager™ for risk mitigation, as well as card production services.
About Old National
Old National Bancorp (NYSE: ONB) is the largest financial services holding company headquartered in Indiana and, with $9.7 billion in assets, ranks among the top 100 banking companies in the U.S. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued partnerships with clients in its primary footprint of Indiana, Illinois and Kentucky. In addition to providing extensive services in retail and commercial banking, wealth management, investments and brokerage, Old National also owns Old National Insurance, one of the 100 largest brokers in the U.S.
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.
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