Brinker Capital Begins Second Decade of Strategic Relationship with Fiserv
Brookfield, Wis., January 27, 2010 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Brinker Capital, a leading investment management firm, has signed a multi-year contract with Fiserv that marks the beginning of a second decade of collaboration.
Under the extended agreement, Brinker Capital, which manages approximately 20,000 accounts on the Fiserv platform, will use three flagship Investment Services solutions: APLSM, Investment Management Solution and Model Management SolutionSM.
"We have elected to continue our relationship with Investment Services from Fiserv because of the connectivity, scalability and functionality offered on the APL platform," said Noreen Beaman, Brinker Capital's Chief Operating Officer. "APL's broad access to industry participants provides us with a comprehensive source for portfolio performance information. Their commitment to helping us grow our business through new initiatives makes them a valuable strategic partner to our firm."
"Our continued relationship with Brinker Capital highlights the adaptability and reliability of our products and our unyielding commitment to client service," said Cheryl Nash, senior vice president of strategic marketing and business development for Investment Services, Fiserv. "We look forward to continuing to provide Brinker Capital with our industry leading technology to meet the needs of their employees and customers and look forward to working with them for years to come."
The APL platform from Fiserv continues to be a leader in investment technology, with more than three million portfolios managed and traded on the platform.
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. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009. For more information, visit www.fiserv.com.
# # #
For more information contact:
Media Relations:
Jeffrey Zack
RF Binder
Senior Managing Director
212-994-7504
jeff.zack@rfbinder.com