Fiserv Hosts Best-Selling Author, Industry Consultants and Clients at Annual Risk & Compliance Conference

June 2, 2010

Brookfield, Wis., June 2, 2010 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, hosted more than 400 professionals at its annual Risk & Compliance Solutions conference. Clients from the Americas and Canada gathered May 16-19 in Chicago to hear industry experts and Fiserv thought leaders discuss trends and best practices in risk management, performance management and compliance issues.

The conference kicked off with a keynote address from Nassim Taleb, Distinguished Professor of Risk Engineering at New York University and best-selling author of "The Black Swan." A former financial trader and hedge fund manager, Taleb described the forces that shaped a variety of financial crises over the years, including "Black Swan" events that are highly improbable yet carry massive consequences. He offered a framework for assessing risk and commented on topics ranging from government debt to the value of regulatory controls.

A panel discussion on enterprise risk management (ERM) examined best-practices and included common obstacles to ERM initiatives and ways to overcome them. Panelists included Peter Mantilia, vice president of asset/liability management at BNY Mellon; Peyman Mestchian, managing partner at Chartis Research; Roderick Powell, founder of Powell Risk Analytics; and Dr. Robert Mark, founder of Black Diamond Risk and co-author of "The Essentials of Risk Management."

A regulatory-focused panel explored risk management considerations for recession recovery and answered questions on topics ranging from interest rate risk management and fair value accounting to Basel II compliance and basis risk measurement. Regulators on the panel included Tom Wilderman, senior Capital Markets Examiner from the Office of Thrift Supervision; Mike Aldrich, acting senior Capital Markets Specialist from the Federal Deposit Insurance Corporation; Emily Wahlman, Market and Liquidity Risk Specialist from the Federal Reserve Bank of Chicago; and Kerri Corn, Director of Market Risk from the Office of the Comptroller of the Currency.

Fiserv has similar client conferences planned in the UK and Asia Pacific region later in 2010, utilizing similar content adjusted to the unique demands of these localities.

As part of its core capabilities in Risk & Compliance, Fiserv offers a unique breadth of solutions focused on helping clients optimize usage and return on capital by making risk actionable and transparent within their organizations. Fiserv solutions include:

  • Financial performance management solutions for budgeting and planning, financial accounting, and funds transfer pricing and profitability
  • Financial risk management solutions for credit, market and liquidity risk as well as asset/liability management

  • Financial crime risk management solutions for fraud and money laundering detection and mitigation

  • Financial control solutions for reconciliation, exception management and account certification.

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. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.

Media Relations:
Julie Nixon
Public Relations Manager
Fiserv, Inc.
678-375-3744
julie.nixon@fiserv.com

Additional Fiserv Contact:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com