Prologue Risk Manager from Fiserv Helps Financial Institutions Streamline and Simplify Risk Management and Compliance

December 6, 2016

Prologue Risk Manager from Fiserv Helps Financial Institutions Streamline and Simplify Risk Management and Compliance

Updated solution aggregates risk elements and supports new regulatory requirements including the latest recommendations from the OCC

BROOKFIELD, Wis., December 6, 2016 - Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today the availability of Prologue™ Risk Manager. By aggregating insights from all factors that drive an institution's risk profile, Prologue Risk Manager provides comprehensive and accurate risk measurement for faster and easier decisions. The solution provides financial institutions with an integrated risk management framework to improve financial performance while also helping to satisfy regulatory compliance.

"There are many types of risk in financial institutions that can enhance or damage profitability and efficiency, depending on how effectively that risk is managed," said Danny Baker, vice president, Market Strategy, Financial & Risk Management Solutions, Fiserv. "Fiserv provides technology solutions that help make life easier for financial services professionals. Prologue Risk Manager integrates risk analysis across interest-rates, liquidity, credit, markets and regulatory capital, giving risk managers and executives the right information to plan and adjust their strategy."

Prologue Risk Manager provides support for new regulations including the latest recommendations from the Office of the Comptroller of Currency (OCC), and anticipates providing support for the final Current Expected Credit Loss (CECL) standards from the Financial Accounting Standards Board. The rule change, currently scheduled for implementation late 2019, will require financial institutions to alter the way they approach their end-to-end reserving process, replacing the current incurred loss approach with a lifetime expected loss estimate - essentially forecasting cash flows on every loan. While institutions are struggling to fully understand the ramification of these changes, they will soon be able to begin working towards a dramatic alteration of their current capital reserve calculation and risk management strategies with solutions from Fiserv.

Financial information from Prologue Risk Manager can be seamlessly integrated with insights from other Fiserv risk and performance management solutions to provide financial institutions with a more unified, accurate and manageable view of their overall business performance.

Prologue Risk Manager is the latest version of the formerly named Asset Liability Manager from Fiserv.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today - financial services at the speed of life. Learn more at TheSpeedofLife.com.

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About Fiserv

Fiserv, Inc. (NASDAQ:FISV) enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more than 30 years, Fiserv has been a global leader in financial services technology. Fiserv is a FORTUNE 500 company and in 2016 was honored to be named a FORTUNE magazine's World's Most Admired Company for the third consecutive year. In 2015 the company was recognized among Forbes magazine's America's Best Employers. For more information, visit Fiserv.com.

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