BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that it will be providing
exclusive data on the managed investment solutions industry to the Money
Management Institute (MMI) and Dover Financial Research. The release of
this data represents an industry first and enables industry participants
to track key trends within the Separately Managed Account (SMA) and
Unified Managed Account (UMA) market segments. The data will help
provide insight on product trends that will help wealth management firms
better service their clients and grow their wealth advisory businesses.
MMI will include the Fiserv data in the 4Q issue of Central,
an MMI quarterly publication, and subsequent issues of Central.
"Fiserv is committed to continuing our leadership in the managed
solutions industry and providing meaningful thought leadership to our
clients. Given our market presence, and the more than $1 trillion in
assets on our platforms, Fiserv can provide great insight into the
trends and flows among the various managed solutions programs in the
industry which will aid firms in business planning, product development,
and client service," said Cheryl Nash, president, Investment Services,
Fiserv. "In partnering with leading, professional industry associations
like the MMI and Dover Financial Research, we are able to leverage their
longstanding, professional reputation of delivering quality research and
insights into the trends impacting our industry."
"MMI's goal is to provide our members with access to the most
comprehensive repository of data and analysis across all segments of the
managed solutions marketplace," said Christopher L. Davis, president of
MMI. "Fiserv's industry position and experience affords them access to a
tremendous amount of data from broker-dealer sponsors, asset managers,
and advisors. We are very pleased to partner with them to augment the
research in our quarterly reports and deliver greater insights into the
trends impacting UMA programs and the growth of model-based platforms to
our member firms and the industry at large."
Fiserv, with over a dozen UMA patents, has more than 3.8 million
accounts on its wealth management platforms and over 1.3 million UMA
sleeves. Its Unified Wealth Platform is a holistic wealth advisory
platform that enables financial advisors to construct and deliver
client-centric portfolio solutions for all client types from one
integrated, end-to-end platform. The platform is comprised of an
integration of three primary Fiserv solution suites: Financial Advice
Management, Portfolio Management & Trading and Performance & Reporting,
and is offered to broker-dealers, RIAs, private bankers and wealth
managers in general.
Additional Resources:
About the Money Management Institute (MMI)
Since 1997 MMI has been the leading voice for the global financial
services organizations that provide advice and professionally-managed
solutions to individual and institutional investors. Through industry
advocacy, educational initiatives, regulatory affairs, data reporting
and professional networking, MMI supports and advances the growth of
advisory solutions. MMI members' advice-driven investment solutions
serve an evolving worldwide financial landscape and their organizations
are committed to the highest standards of fiduciary responsibility and
ethical conduct. For more information, visit www.moneyinstitute.com.
About Fiserv
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.
FISV-G
Media Relations:
Julie Nixon
Senior PR Manager
Fiserv,
Inc.
+1 678-375-3744
julie.nixon@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
+1 678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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