Fiserv Named IBM Cognos® OEM Partner of the Year for Bank Solutions Business Optimization and Data Analytics Solution

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Tue Jun 30, 2009 12:23pm EDT

BROOKFIELD, Wis.--(Business Wire)--
Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services
technology solutions, today announced that it was chosen as IBM Cognos "OEM
Partner of the Year" for its Business Optimization and Data Analytics solutions
for financial institutions. IBM selected Fiserv as the top Original Equipment
Manufacturer (OEM) from its various partners in all industries. 

Fiserv received the award for architecting and delivering exceptional value to
its customers by leveraging IBM Cognos®software to optimize business practices. 

"Year in and year out, Fiserv continues to deliver performance management
solutions that solve real problems for its clients. In addition, this year
Fiserv has evolved its strategy and delivered role-based performance management
solutions that have drawn praise from customers and analysts, and delivered
significant sales results," said Ted Jandl, OEM business unit executive for IBM
Cognos software. 

The IBM Cognos OEM award recognizes partners who not only meet or exceed revenue
targets through the delivery of IBM Cognos based solutions, but also provide
innovative solutions for their clients that improve efficiencies and positively
impact bottom lines - an obvious necessity in today`s economic environment. 

The Business Optimization and Data Analytics solutions are deployed by nearly
1,000 community banks, utilizing a single platform to perform both ad-hoc
reporting capabilities and executive performance analysis. One of those clients,
Cornhusker Bank, based in Lincoln, Nebraska, with assets of $318 million, said
this product has increased administrative efficiencies by eliminating the need
to manually create reports, such as monthly updates. "By using this solution,
our bank is saving thousands of dollars and around 32 hours each month in
administrative overhead. That`s what business optimization products do," noted
Barry Lockard, president of Cornhusker Bank. "They help you get more `miles per
gallon,` if you will, for your marketing dollars, your human resource
investment, your technology investment and your overall resources." 

"The IBM Partner of the Year award is impressive and gratifying recognition for
Fiserv," said Tom Cypher, president of Bank Solutions, Fiserv. "This is our
third year to receive an award from IBM, and is further evidence of our
leadership and dedication to data analytics, and of our dramatic success in
meeting the needs of our clients. The benefits they gain by implementing these
types of solutions include increased profits and decreased expenses, which is
what we`re all about - creating wealth for our clients." 

This is one example of Fiserv`s leading role in applying data analytics in an
intuitive format that readily identifies opportunities that can generate
revenue, margin improvement and savings for its clients. Through its core
competency in Business Intelligence and Optimization, Fiserv is delivering the
tools and expertise banks and credit unions require to analyze financial,
customer and market data, gaining valuable insights and improving their
businesses. 

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. Ranked No. 1 on the FinTech 100 survey of top technology
partners to the financial services industry, Fiserv celebrates its 25th year in
2009. For more information, visit www.fiserv.com. 

FISV-G





Media Relations:
David Carden
Senior Vice President
Bank Solutions
Fiserv, Inc.
402-421-4211
david.carden@fiserv.com
or
Additional Fiserv Contact:
Lori Stafford-Thomas
Assistant Vice President
Corporate Communications
Fiserv, Inc.
262-879-5130
lori.stafford@fiserv.com



Copyright Business Wire 2009

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