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Chad Coluccio joins Mission Capital Advisors as a managing director

Feb 23, 2009

Fiserv enhances market approach and launches new brand identity MortgagePress.comFiserv, enhanced market approach, brand identity, CheckFree, Jeffery Yabuki Fiserv Inc., a global provider of financial services technology solutions, has unveiled an enhanced market approach and new brand identity, affirming the company's commitment to its clients and to leading the transformation of financial services technology. These moves represent a further acceleration in Fiserv's singular approach to the market and to anticipating client demands within a rapidly changing environment. The full integration of CheckFree's electronic commerce operations within Fiserv has been a catalyst to drive increased innovation and focus the power of Fiserv's cumulative expertise on helping clients grow their business and increase profitability. "Our enhanced market approach and vibrant new identity are reflective of the significant change occurring within the financial services industry. We have the expertise, resources and scale to lead this transformation," said Jeffery Yabuki, Fiserv president and chief executive officer. "Fiserv provides processing technology solutions for more financial institutions than anyone in the world. That scale, combined with our market-leading products and services, uniquely positions us to lead the development of next-generation solutions that will transform the way financial services are delivered." The company's organizational structure has been aligned to streamline Fiserv's market approach, accelerate product innovation and make it easier for clients to access the full breadth of Fiserv solutions. All of the company's businesses have been unified under the new brand and report through two primary operating divisions led by Steve Olsen, former CheckFree chief operating officer and now Fiserv group president, and Tom Warsop, Fiserv group president. This structure will enable further integration of client relationship management and product development efforts. "We have aligned our organization in order to provide unique solutions that are responsive to the shifting needs of a dynamic market," said Yabuki. "Our leadership is committed to delivering what clients need--when they need it." "We are also preparing for a new digital frontier in banking and electronic commerce that will require unprecedented levels of data analytics and information exchange across the entire spectrum of banking solutions. Leveraging the power of the entire Fiserv portfolio will enable our clients to capture these new opportunities and therefore, deliver a more personalized and profitable experience to their customers," said Pete Kight, Fiserv vice chairman and founder of CheckFree. "Fiserv processes more relational financial services data than any other third party in the world. We intend to provide this advantage to our clients in ways that will replace last year's technology costs with tomorrow's primary source of profitable revenue growth." Fiserv's portfolio of technology solutions spans payments, processing services, risk and compliance, customer and channel management, and business intelligence and optimization for clients in financial services, wealth management, telecommunications, insurance, energy, retail, health and many other industries. For more information, visit www.newfiserv.com.
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Feb 23, 2009
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