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Built-in commercial capabilities of DNA from Fiserv facilitate the
growth of business deposit and lending programs, a priority for the
credit union
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Credit union leaders cite strong business intelligence capabilities
and ease of new product integration as additional key factors in
selection
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Integrated solutions from Fiserv and open architecture of DNA enable
UCCU to offer services to keep in step with the on-the-go pace of
members' lives
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial
services technology solutions, announced today that Utah
Community Credit Union (UCCU), a $1.02 billion asset credit union
based in Provo, Utah, has extended its relationship with Fiserv by
selecting the DNA®
account processing platform and several integrated solutions from Fiserv
to provide a differentiated member experience and help position the
credit union for future growth.
UCCU was seeking an account processing platform that offered
scalability, 24/7 real-time processing, and advanced features and
flexibility to serve its 126,000 members, while also addressing its
long-term strategic needs. The credit union was also looking for a
platform with strong commercial capabilities, proven performance, and an
active client community.
"Over the years, Fiserv has helped us stay ahead of a changing industry
and evolving member needs. DNA gives UCCU the flexibility to deliver
innovative products and services to our members quickly and efficiently
without complex programming," said Jeff Sermon, president and CEO, Utah
Community Credit Union. "Our members are looking for more options and a
more personalized experience, and with DNA we can create solutions such
as custom-tailored mortgage and commercial loan products with just a few
clicks and manage them with greater efficiency."
UCCU will be running the DNA platform in-house. In addition to DNA, UCCU
will add a host of best-of-breed integrated solutions from Fiserv
including tMagic™ for DNA teller capture, Nautilus® enterprise content
management, WireXchange®, and a suite of CRM and business intelligence
solutions for DNA. The credit union also will continue to leverage
Raddon Financial Group for industry insights and best practices.
"Utah Community Credit Union has been a valued client for more than 23
years, and when they decided to evolve their technology to keep up with
the expanding needs of members they knew they could turn to Fiserv,"
said Mark Sievewright, president, Credit Union Solutions, Fiserv. "The
sophisticated technology of DNA and integrated best-in-class solutions
from Fiserv will support the credit union's growth, while enabling the
expansion of key commercial and retail business strategies."
Fiserv is the U.S. market leader in account processing services, and
more than one-third of U.S. financial institutions rely on Fiserv for
account processing solutions and expertise. DNA is the first open,
person-centric core banking platform built for collaboration and has
been recognized
by industry-leading analysts for its technology, user experience and
breadth of functionality.
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.
Additional Resources:
About Utah Community Credit Union
Founded in 1955, Utah Community Credit Union has a 60-year history of
growth based on a tradition of friendly and professional service. Its
mission is to be the best credit union in its market by becoming our
members' first choice for financial services and information. UCCU
serves anyone who lives, works, worships, or attends school in Utah,
Wasatch, Juab, or Sanpete Counties in Utah. The credit union has 18
branches and serves more than 126,000 members. For more information,
visit www.uccu.com.
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 leader in financial services technology, and today is among
FORTUNE® magazine's World's Most Admired Companies and Forbes magazine's
America's Best Employers. For more information, visit www.fiserv.com.
FISV - G
View source version on businesswire.com: http://www.businesswire.com/news/home/20151217005745/en/
Media Relations:
Ann Cave
Director, Public
Relations
Fiserv, Inc.
678-375-4039
ann.cave@fiserv.com
Additional
Contact:
Elizabeth McMillan, APR
Director, Corporate
Communications
Fiserv, Inc.
678-231-3443
elizabeth.mcmillan@fiserv.com
Source: Fiserv, Inc.
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