SGX, DTCC veteran Terry Gibson joins Fiserv

May 24, 2010
SGX, DTCC veteran Terry Gibson joins Fiserv

Brookfield, Wis., May 24, 2010 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology, announced today that it has hired top Singapore Exchange (SGX) post-trade executive, Terry Gibson, as global head of strategy for Investment Services. In this role, Gibson will lead the international business strategy and product development of the Fiserv institutional and managed account technology portfolio.

As senior vice president and head of Product Management at SGX, Gibson drove the growth of the exchange's post-trade business and built its reputation as one of Asia-Pacific's most innovative clearing and settlement venues. He led the development of several post-trade infrastructure projects, including the SGX Prime pre-settlement matching service powered by the Fiserv TradeFlow&#8482 solution. Gibson's extensive securities background also includes multiple director-level roles at the Depository Trust & Clearing Corporation (DTCC), where he grew the credit and equity derivative STP product business and led the global expansion of the Deriv/SERV platform.

Cheryl Nash, senior vice president of strategic marketing and business development for Investment Services, Fiserv, said, "The buy side's middle- and back-office needs are growing more complex in the face of regulation, expansion to new asset classes and rise in volumes. Terry's expertise in developing post-trade solutions for the global securities industry and his focus on promoting our managed account solutions in the international market will strengthen the ability of Fiserv to deliver technology that drives operational efficiency and grows the business. His insight and direction will be essential to our international expansion and business growth, especially in Asia-Pacific."

Throughout his 20-year career, Gibson has been an active participant in several global and regional post-trade industry development groups, which has given him deep insight into the industry. While at SGX, he chaired the Asia Pacific Central Securities Depositary (CSD) Group and represented Singapore on the Asia Bond Market Initiative Group of Experts. During his time at DTCC, Gibson established working groups and steering committees to drive the development of new business solutions. Additionally, while serving as an executive director of Strategic Business Development and Industry Relations at Omgeo, Gibson created and ran industry advisory boards of investment bankers, brokers and custodian banks in the UK and Asia-Pacific.

"Fiserv has a strong reputation in the buy-side community for having the technology, deep insight and right approach to solve complex business challenges," said Gibson. "I've seen these capabilities firsthand with the SGX Prime project and am committed to developing them further so that Fiserv continues to exceed the needs of asset managers and servicers across the world."

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. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.

Media Relations:
Julie Nixon
Public Relations Manager
Fiserv, Inc.
+1 678-375-3744
julie.nixon@fiserv.com

Additional Fiserv Contact:
Paul Oliu
Director, Marketing
Investment Services
Fiserv, Inc.
+1 201-324-5192
paul.oliu@fiserv.com