Progressive credit union chooses DNA and integrated solutions from
Fiserv to accelerate growth
Person-centric DNA to enhance service for the more than 37,000 retail
and business members of Wildfire
DNA platform's advanced architecture and standards-based DNAcreator
toolkit were key factors in the credit union's decision
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Wildfire Credit Union, based
in Saginaw, Mich., has selected the DNA™
account processing platform and a comprehensive set of integrated
solutions from Fiserv to better serve its more than 37,000 members. The
$689 million asset credit union cited the platform's person-centric
design, robust business functionality and flexible, standards-based
technology as key to its selection.
"The person-centric design of DNA will give us total visibility into our
member relationships, enabling us to provide even better service and
more relevant products," said Tim Benecke, Chief Executive Officer,
Wildfire Credit Union. "The fact that DNA is used by banks as well as
credit unions gives us confidence in the platform's ability to expand
our member business relationships. And because DNA is based on modern
standards, we'll have access to a deep pool of developers that can
extend the platform by creating and downloading DNAapps™."
by industry-leading analysts for its technology, user experience and
breadth of functionality, DNA from Fiserv is the first open,
person-centric core banking platform built for global collaboration. DNA
was completely rewritten using C# within the .Net framework for a
state-of-the-art core platform that banks and credit unions can rely on
for the long-term. With DNA, clients benefit from 24/7 real-time
processing, robust retail, mortgage and commercial banking capabilities
and a 360 degree view of retail and business relationships.
The unique customization and extensibility opportunities made possible
by DNAcreator™ and DNAappstore™ played a key role in Wildfire's decision
to select DNA. With the DNAcreator development toolkit, Wildfire's
technical staff can create seamlessly integrated, custom core extensions
called DNAapps that add new functionality, screens and processes to DNA.
Wildfire can sell its DNAapps to other financial institutions as well as
purchase those created by others through the DNAappstore — the first
collaborative online marketplace for custom core applications.
"Over the last four years, Wildfire has made a tremendous investment in
its future with a name change, new facilities and an IT infrastructure
overhaul. By completing its modernization effort with DNA and several
leading add-on solutions from Fiserv, the credit union has gained the
ability to build on its investments with a core platform rewritten to
leverage the latest technologies," said Steve Cameron, president, Open
Solutions Division, Fiserv.
In addition to DNA, Wildfire will implement Nautilus®
enterprise content management, Prologue™ financial accounting, ConvergeIT®
interactive voice response, AML Manager anti-money laundering and the
CRM/BI suite for DNA. Wildfire is an existing client of the Raddon
Financial Group, a consulting and research group of Fiserv.
About Wildfire Credit Union
Wildfire Credit Union is a member-owned, not-for-profit financial
institution founded in 1937. Wildfire offers an extensive range of
personal and business services to meet the changing financial needs of
its members. With a long-standing commitment to outstanding member
service, Wildfire also continually strives to provide its members with
products and services that encompass the latest technology. Wildfire is
a community chartered credit union with a field of membership that
includes 23 counties in mid and northern Michigan. Learn more at www.wildfirecu.org.
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
Public Relations Manager
Director, Public Relations
Source: Fiserv, Inc.
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