BROOKFIELD, Wis., Nov 14, 2006 (BUSINESS WIRE) -- Fiserv Inc. (Nasdaq:FISV), the leading provider of information management solutions for the financial industry, has been ranked No. 1 in the American Banker and Financial Insights FinTech 100 for the third year in a row. The annual ranking, codeveloped by Financial Insights, an independent research services firm, and American Banker, SourceMedia's flagship daily publication for banking and financial services professionals, ranks companies by annual revenues derived through providing technology services to the financial services industry.

The FinTech 100 is the world's only ranking of providers in the financial services industry. It was developed through careful evaluation of vertical technology companies that derived more than one-third of their total annual revenues from sales to financial services industry clients.

Since its formation in 1984, Fiserv has grown into a worldwide organization with more than 17,000 clients in more than 60 countries, supported by more than 23,000 employees. Fiserv supplies a vast array of software and services to the financial services community including core processing, payment processing, mortgage, lending solutions, credit processing as well as insurance offerings. In addition, Fiserv offers comprehensive health benefits processing services to employers and financial institutions. Through significant scale and market penetration, Fiserv has achieved record-breaking performance and is, for the third consecutive year, officially recognized as the world's number one provider to the financial services community based on the FinTech 100.

"It is a significant milestone for any company to achieve the number one ranking," said Michon Schenck, chief operating officer at Financial Insights, an IDC company. "For Fiserv to achieve the number one ranking three years in a row is a true accomplishment. We attribute their consistent performance this year to their ongoing efforts and focus around organic growth and client-oriented solutions surrounding integrated architectures. Fiserv continues to be one of the major players in our industry, and we congratulate them on their number one ranking."

To create the FinTech 100, Financial Insights and American Banker conducted an arduous primary and secondary research effort throughout the year, examining both vertical market providers as well as horizontal technology providers. Candidates were screened to type of offering, quality of revenue and total percent penetration within the financial services industry. The full report was published on November 8, 2006, and is available to online subscribers on American Banker's and Financial Insights web sites.

"We have been working hard since the very beginning of Fiserv to create a company with highly effective solutions that can generate strong, consistent growth - and through our new long term strategic growth strategy, called Fiserv 2.0, become an even stronger company - continuing to focus on client solutions," said Norm Balthasar, Fiserv chief operating officer. "It's very rewarding to see those efforts for the third year in a row reflected in this prestigious ranking."

About American Banker

For more than 170 years, American Banker, www.americanbanker.com, has been the banking and financial services industry premier daily source of information, news, and analysis. Since 1996, American Banker has offered American Banker Online, an online counterpart to the print publication. In addition to news and analysis provided by American Banker's own journalists, the site offers third-party news services, content from SourceMedia's sister publications focused on banking and financial services news, data, analysis, research, and much more. American Banker offers a one-stop information service to banking and financial services professionals. American Banker is published by SourceMedia (www.sourcemedia.com), a leading provider of information, data, and software tools for professionals in the financial services and related technologies markets.

About SourceMedia

SourceMedia, www.sourcemedia.com, provides market information, including news, analysis, and insight to the financial services and related industries such as accounting and technology, through its publications, industry-standard data applications, seminars and conferences. Its flagship publications, including American Banker, National Mortgage News, The Bond Buyer, and Accounting Today, have helped build SourceMedia's reputation as the pre-eminent information source in its respective markets.

About Financial Insights, an IDC Company

Financial Insights provides independent research, custom consulting, and detailed multiclient studies on the technology issues and challenges facing the financial services industry. Our global research covers topics of strategic importance to corporate and retail banks, insurance carriers, asset management firms, securities and brokerage firms. Our local practices in Asia Pacific, Europe, Latin America and Canada add an in-depth regional viewpoint. Financial Insights, an IDC company, is headquartered in Framingham, Massachusetts, USA. IDC is a subsidiary of IDG, the world's leading IT media, research, and exposition company.

About Fiserv

Fiserv Inc. (Nasdaq: FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include transaction processing, outsourcing, business process outsourcing (BPO), software and systems solutions. The company serves more than 17,000 clients worldwide and 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. Fiserv Health provides health plan management, pharmacy benefits management and BPO services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis., Fiserv reported more than $4 billion in total revenue for 2005. For more information, please visit www.fiserv.com.

SOURCE: Fiserv Inc.

Financial Insights
Deborah Stark, 508-935-4318
dstark@financial-insights.com
or
American Banker
Anne O'Brien, 212-803-8280
anne.obrien@sourcemedia.com
or
Fiserv Inc.
Melanie Tolley, 262-879-5098
melanie.tolley@fiserv.com

Copyright Business Wire 2006

News Provided by COMTEX