Fiserv Ranked #1 Compliance Monitoring and Control Software Vendor by Operational Risk & Regulation Magazine

August 10, 2012
Fiserv Ranked #1 Compliance Monitoring and Control Software Vendor by Operational Risk & Regulation Magazine

Brookfield, Wis., August 10, 2012 - Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Operational Risk & Regulation magazine has ranked it #1 in the category of Compliance Monitoring and Control in its "Compliance 20" software rankings. Fiserv also ranked in the top five in the categories of AML and Fraud, and on the overall ranking.

The ranking was compiled based on findings from a survey that was sent to the readers of Operation Risk & Regulation, which is made up of risk management executives at financial institutions. This year's results represent the opinions of the largest pool of respondents to date.

"With recent record fines, compliance is top of mind across the global financial services sector," said Danny Baker, interim president, Risk and Compliance, Fiserv. "This continues to drive our commitment to help our clients comply with ever-evolving external regulation and internal policies to minimize operational risk and identify money laundering and other fraudulent activity."

The survey finds that sanctions and developing regulations, such as the U.S. Foreign Account Tax Compliance Act (FATCA), are still driving purchase, expansion and a demand for flexible financial crime risk management systems. Additionally, technology is playing a key role as the industry continues to grapple with the adoption of risk-based approaches to AML and adjacent regulations while balancing scarce resources and maintaining adequate compliance controls.

"The results of the ORR Compliance Software Rankings reinforce Fiserv as a principal player in this market," said Baker. "We continue to evolve our financial crime risk management technology platform to solve the complex business problems of our substantial global client base."

A core competency of the company, Risk and Compliance solutions from Fiserv offer a unique breadth of solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organizations. Solution areas include Financial Crime Risk Management, Financial Risk Management, Financial Performance Management and Financial Control Solutions.

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About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry. Fiserv is driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For six of the past eight years, Fiserv ranked No. 1 on the FinTech 100, an annual international listing of the top technology providers to the financial services industry. For more information, visit www.fiserv.com.

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For more information contact:

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

Additional Contact:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
+1 678-375-1210
wade.coleman@fiserv.com