Vendor profile: Fiserv Head office: Brookfield, WI
Ownership: Public Founded: 1984 Number of known sites for Signature: 110+ Number of staff: 21,000 Example clients in the US: • American Savings Bank • Associated Bank-Corp • Broadway Bank • Central Bank of Kentucky • CorpBanca New York • Hudson Valley Bank • Old National Bank • Principal Bank • TD Bank
Company overview
Well established in the US market, Fiserv offers a number of different core banking platforms for banks, thrifts, credit unions, investment firms and more.
Since its inception in 1984, Fiserv has grown to become one of the ‘big four’ vendors of the US banking software market. The growth was mainly due to 150+ acquisitions the company has completed over the years. Amongst notable takeovers are: rival Open Solutions with its DNA platform, CheckFree (electronic bill payments), CashEdge (P2P payments) and ACI Worldwide’s Community Financial Services Business.
In the domestic core banking software space Fiserv competes fiercely with Jack Henry & Associates, D+H Corporation and FIS.
Signature (formerly CBS and ICBS) is Fiserv’s higher-end core system. It has a broad user base, domestically and internationally. It has roots back to Citibank, with Fiserv
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Core Banking Systems Case Studies: North America
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