HQ: Wisconsin, USA Ownership: Public Founded: 1984 # Staff: ~21,000
Key Clients: Simsbury Bank, Greylock Federal CU, Middlesex Savings Bank
• DNA formed basis for single platform that Fiserv wanted to bring to the market, integrating with Fiserv’s other strategic solutions
Product Overview
• Supports Windows, Unix, Linux (server), Windows, Citrix (client), Oracle (database), written in C# using .Net framework and Open Solutions’ Shared Application Framework object libraries
• Key functionalities supported: Lending, deposits, checking and overdrafts, internet banking, ATM links, wholesale functionalities in treasury (front, middle and back office) and multi-channel support
Key Highlights
• DNA might benefit on the international stage from the non US presence of new parent Fiserv
• Majority of customers in North America (US and Canada)
• Open Solutions acquired Utah based SOSystems in 2005 and Canada based Fincentric in 2007
• Fiserv acquired rival Open Solutions (creator of DNA) for US$ 55 million in 2013