Bank extends use of core account processing and upgrades digital
capabilities to serve evolving customer banking needs
BROOKFIELD, Wis. & IRVINE, Calif.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced First Foundation Bank, based
in Irvine, Calif., has extended and expanded its relationship with
Fiserv to meet the growing technological needs of its diverse customer
base. First Foundation Bank is a subsidiary of First Foundation Inc.
(NASDAQ: FFWM), a financial services company that provides personal
banking, business banking, and private wealth management services. The
bank serves personal clients as well as a broad range of commercial
clients, including many in multifamily real estate.
First Foundation Bank will add a set of advanced digital offerings and
continue its long-term relationship with Fiserv for use of the Precision®
core account processing platform. The added digital offerings include
ArchitectTM, a comprehensive system that will support the
bank's multi-generational retail clients, and Commercial CenterSM,
which will provide an integrated delivery system to scale high-demand
commercial banking services. First Foundation Bank selected these
solutions for their technical capacity, integration capability, mobile
delivery options, and ability to help minimize risk and counter fraud.
"Our organization is growing quickly, and one of our largest markets is
California, where expectations for dynamic technology are incredibly
high," said Jami DeHaven, senior vice president, Enterprise Delivery
Services, First Foundation Bank. "Our existing relationship with Fiserv
gave us the confidence to partner with them to build a comprehensive
framework to deliver an experience that exceeds our clients'
expectations while enabling our people to do their jobs efficiently and
manage change during rapid growth."
The added digital solutions are part of a broader initiative at the bank
to build a highly integrated enterprise services framework that will
streamline both the customer and employee experience. The bank's
multifamily lending solution, LendingLink™ will be a key part of this
framework. In addition, First Foundation Bank engaged Fiserv to design
an intranet service portal to manage internal collaboration and leverage
dynamic forms and data delivery services to automate a wide range of
internal, client-facing processes.
"First Foundation Bank and Fiserv have developed a strategic
relationship that benefits both the bank and its customers," said Todd
Horvath, president, Bank Solutions, Fiserv. "Teams at Fiserv and the
bank have worked side by side on a number of projects that support the
bank's ongoing transformation. We understand First Foundation Bank's
vision and our team is committed to supporting the evolving needs of the
bank as it continues to grow."
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. In a world moving faster
than ever before, Fiserv helps clients deliver solutions in step with
the way people live and work today - financial services at the speed of
life. Learn more at fiserv.com.
About First Foundation
First Foundation Inc., a financial institution founded in 1990 with two
wholly-owned subsidiaries, First Foundation Bank and First Foundation
Advisors, provides private wealth management, personal banking, and
business banking. The Company has offices in California, Nevada, and
Hawaii with headquarters in Irvine, California. For more information,
please visit www.firstfoundationinc.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences that are in step with the way
people live and work today. For more than 30 years, Fiserv has been a
trusted leader in financial services technology, helping clients achieve
best-in-class results by driving quality and innovation in payments,
processing services, risk and compliance, customer and channel
management, and insights and optimization. Fiserv is a member of the
FORTUNE® 500 and has been named among the FORTUNE Magazine
World's Most Admired Companies® for four consecutive years,
ranking first in its category for innovation in 2016 and 2017. For more
information, visit fiserv.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180116005790/en/
Director, Public Relations
Cristy F. Williams
Source: Fiserv, Inc.
News Provided by Acquire Media