BROOKFIELD, Wis., Jun 09, 2008 (BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial and insurance industries, today announced that UBS Global Asset Management has expanded its deployment of CheckFree GIM(R), its multi-currency portfolio management solution, to multiple locations across the globe including London, Zurich, Singapore, Chicago and Sydney.

CheckFree GIM can deliver expanded instrument coverage to reflect UBS Global Asset Management's multi-asset class trading requirements. The firm will also benefit from new functionality developed as part of UBS's and CheckFree's long-term commitment to develop CheckFree GIM in close cooperation. This commitment includes enhancements to corporate actions processing to extend coverage, improve efficiency and deliver control for setup, revisions and sign-off.

Within UBS's environment, CheckFree GIM is deployed alongside CheckFree TradeFlow(TM), UBS Global Asset Management's selected post-trade processing solution, to efficiently manage, monitor and measure the flow of securities and cash transactions. In April this year, UBS Global Asset Management successfully went live with CheckFree TradeFlow's trade confirmation solution, allowing integration with Omgeo Central Trade Manager (CTM) and providing UBS with a consolidated view of all trades regardless of instrument class or whether they are matched, centrally or locally.

"UBS has been working closely with CheckFree for a number of years, specifically with respect to CheckFree GIM and its inclusion of expanded instrument coverage, new functionality and local market requirements," said Mike Rucci, global head of operations, UBS Global Asset Management. "CheckFree GIM and CheckFree TradeFlow are fundamental building blocks that together enable us to provide our clients with an integrated portfolio management and trade processing environment. As a strategic partner of CheckFree we have been able to significantly leverage CheckFree's solutions to support our global business."

"We have worked in close cooperation with UBS Global Asset Management to deliver a portfolio management platform across multiple instruments, geographies and time zones that will support the UBS business across the globe," said Michael Gianoni, president of CheckFree Investment Services, now part of Fiserv. Gianoni continued, "As CheckFree Investment Services expands its portfolio of solutions to the investment management community, we are committed to providing our clients with a seamless operational environment."

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007. For more information, please visit www.fiserv.com.

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SOURCE: Fiserv, Inc.

CheckFree, now part of Fiserv
Judy DeRango Wicks
Vice President, Corporate Communications
678-375-1595
jdwicks@checkfree.com
or
Fiserv Corporate Contact:
Fiserv
Lori Stafford
Assistant Vice President Corp. External Comm.
262-879-5130
Lori.stafford@fiserv.com

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