Fiserv Announces TradeFlow™ Release 2.4 to Tackle Post-trade Processing of OTC Credit Derivatives

June 1, 2009
Fiserv Announces TradeFlow™ Release 2.4 to Tackle Post-trade Processing of OTC Credit Derivatives

Brookfield, Wis., June 1, 2009 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Investment Services from Fiserv has released the latest version of its multi-asset, post-trade processing solution, TradeFlow™ Release 2.4. This release expands upon the range of activities that can be handled by TradeFlow for the post-trade event management support of OTC Credit Derivatives. With this new release, TradeFlow will enable clients to manage all aspects of the post-trade event management lifecycle, including trade confirmation, post-trade event management and payment processing.

TradeFlow's new and expanded capabilities can help clients to address a key business concern, to reduce operational risk and potential losses by streamlining the processing of OTC Derivatives using full event lifecycle management. TradeFlow 2.4 supports the handling of post-trade events, including terminations, as well as existing business processes to support trade capture, enrichment, validation and confirmation via DTCC Deriv/SERV and payment processing via SWIFT.

"The spotlight on OTC Derivatives processing has never been greater following a recent recommendation from Derivatives industry participants to establish seven key goals to improve the efficiency and transparency associated with Derivatives processing," said Geoff Harries, vice president, product strategy, Investment Services from Fiserv. "Streamlining the trade lifecycle to process multiple, complex events can significantly mitigate the risk associated with processing Derivatives. TradeFlow enables clients to simplify this process, resulting in reduced risk and increased operational efficiency."

TradeFlow provides a single interface for monitoring post-trade processing across a number of different asset classes and market infrastructures to support complex investment strategies. This latest innovation complements the existing capabilities to support equities, fixed income, money markets and FX confirmation and settlement processing.

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.

For more information contact:
Media Relations:
Irene Mulkeen
Director, Marketing
Investment Services
Fiserv, Inc.
+44 (0) 845 013 1240
irene.mulkeen@fiserv.com

Additional Fiserv Contact:
Lori Stafford-Thomas
Assistant Vice President
Corporate Communications
Fiserv, Inc.
262-879-5130
lori.stafford@fiserv.com