Fiserv Powers Innovation at Asia-Pacific`s Leading Banks and Financial Institutions

* Reuters is not responsible for the content in this press release.

Sun Sep 13, 2009 10:08pm EDT

BROOKFIELD, Wis.--(Business Wire)--
Fiserv, Inc. (NASDAQ:FISV), the leading global provider of financial services
technology solutions, highlighted its growing presence and commitment to the
Asia-Pacific region at the Sibos 2009 conference in Hong Kong. 

Fiserv entered the Asia-Pacific region in 1987 through a subsidiary, Sendero,
and further expanded in 1991 through the acquisition of Citicorp Information
Services. Fiserv now has more than 2,000 associates in Asia-Pacific serving more
than 200 clients in the region. The company has a direct presence in Australia,
China, Indonesia, Malaysia, Sri Lanka, Singapore, Thailand and the Philippines.
It has more than 16,000 clients worldwide, and reported $4.74 billion in 2008
revenue. 

In February 2009, the company launched a singular identity across all business
units that enhances brand visibility throughout the region and is designed to
offer coordinated operational, development and support resources to clients in
Asia-Pacific. Fiserv has a strong presence in Asia-Pacific today with solutions
for account processing, mobile banking, investment services, fraud and
compliance, risk management, item processing and financial control. 

"Asia-Pacific is diverse and within each market there are unique and
unprecedented opportunities and risks for financial services companies," said
Tom Warsop, group president, Financial Institution Services, Fiserv. "Our
approach is to combine proven, world class technology, together with local
presence and understanding, to deliver solutions that meet the individual
business needs of clients. This combination is helping the region`s most
innovative financial services companies win customers and market share, manage
risk, and navigate compliance requirements," added Warsop. 

Fiserv has a strong reputation in account processing in the region through the
Signature Bank Platform, formerly Fiserv CBS. Signature from Fiserv is deployed
at dozens of leading banks across Asia-Pacific, including Commercial Bank of
Ceylon in Sri Lanka, Bank of Queensland in Australia, Banco de Oro in the
Philippines and Panin Bank in Indonesia. 

"There are visionary banks in the Asia-Pacific region who are executing on
innovative strategies to increase their customer value by catering to the needs
of their markets," said Nick Wilde, managing director of Asia-Pacific
operations, Bank Solutions, Fiserv. "Fiserv is helping these clients address
those unique needs, in areas like Islamic banking, product bundling and mobile
banking." 

Fiserv offers best-in-class online and mobile banking solutions that integrate
with many different core banking systems and a wide range of technology
platforms. Fiserv solutions help banks in the region provide secure online and
mobile account access, enabling customers to view account balances, pay bills
and transfer funds in the channel that is most convenient to them. To support
the company`s flagship online banking and mobile banking solutions, Corillian®
Online and Mobile MoneyTM in the Asia and Pacific region Fiserv has recently
opened a new, dedicated support center. Located in Singapore at the company`s
regional headquarters, the center will deliver local implementation and support
expertise, complementing similar services already available at Fiserv locations
in India and Australia. 

Fiserv KRM helps banks in the region employ an integrated enterprise risk
strategy, managing interest rate, market, credit and liquidity risks as well as
compliance standards like Basel II and IAS 39. Fiserv KRM clients include China
Construction Bank in both Beijing and Hong Kong, and Malaysia`s Hong Leong Bank
Berhad. 

"Fiserv has built a strong reputation in the Asian and Pacific markets," said
John Heger, president, Fiserv Australia. "In Australia and New Zealand, Fiserv
is the leading provider of check processing and cash management services, and
our anti-fraud solutions help the region`s largest banks prevent check, ACH,
wire, bill pay and card fraud." 

Fiserv has a strong presence in India, with multiple delivery centers in Noida
and Pune. The India centers provide IT and BPO services in banking, payments,
lending, investments and insurance to customers globally. "Within a short span,
the India operation of Fiserv has grown significantly and achieved key industry
certifications that demonstrate Fiserv`s commitment to quality, process maturity
and regulatory compliance," said Shrihari Gokhale, president, Fiserv India. 

Fiserv also provides financial control solutions to Asia-Pacific clients,
helping banks, asset managers, hedge funds, broker dealers and custodians to
reduce risk, lower costs and increase efficiency. Fiserv solutions for
integrated financial control include transaction matching, account
reconciliation, exception management, account certification, spreadsheet control
and performance management. 

Investment Services from Fiserv provides a suite of solutions in the region
including trade processing, corporate actions processing, financial messaging
and client billing and revenue management. 

"With renewed growth in fund activity and transaction volumes, Asia-Pacific is a
strategic growth opportunity for Investment Services," said Paul Thomas,
managing director, international operations, Investment Services, Fiserv.
"Fiserv will continue to leverage its existing relationships with Asia-Pacific
financial institutions to penetrate the region further." 

For more information on Fiserv solutions for Asia and the Pacific region visit
Fiserv at Sibos 2009 in Booth #3C03. 

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) 







For more information at Sibos, Hong Kong contact:
Media Relations
Fiserv, Inc.
Judy Wicks, +1 678-523-0316 (Office)
Mobile: +1 404-915-7465
Vice President Communications
judy.wicks@fiserv.com
or
Metia
Sally Yates, +44 7775 707477
Account Director
sally.yates@metia.com
or
Additional Media Relations Contact:
Fiserv, Inc.
Wade Coleman, 678-375-1210
Director, Corporate Communications
wade.coleman@fiserv.com



Copyright Business Wire 2009

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