SIOUX FALLS, S.D., Mar 09, 2006 (BUSINESS WIRE) -- A new Web-based tool to assist financial institutions in their compliance with federal privacy laws is now available to clients of Precision Computer Systems (PCS), a unit of Fiserv, Inc. (Nasdaq:FISV). PCS has teamed with Compass Group Consultants (CGC) to offer PCS Bank Advisor, a service that provides bankers with efficient access to the information and resources they need to easily demonstrate information security compliance.

"Protecting customer information is one of the highest priorities of banks across the nation," said Mark Blankespoor, president of PCS. "Technology is now an integral part of service delivery and this solution offers a one-stop resource to help our clients manage the associated array of information security risks." PCS, a provider of core banking technology, and CGC, an independent information security and information technology audit firm, formed the alliance to help safeguard nonpublic customer information in banks.

Offered as an independent subscription service, the PCS Bank Advisor Web site is available to the PCS client base of more than 750 financial institutions. A subscription offers banks access to the latest technology compliance information and services needed to meet examination requirements. Through the PCS Bank Advisor Web site, complex regulatory requirements are presented in easily understood modules, along with training and detailed sample materials, saving the bank valuable time during development and implementation of technology policies and control procedures.

"We're pleased to be joining forces with PCS," said Compass Group founding partner Stephen Tonn. "Easy access to independent technology compliance information and resources will be invaluable to PCS clients as they implement and evaluate risk-based controls."

Compass Group Consultants, LP, has become a leader in providing information security services to the banking community. Founded in 1999, the Compass Group offers a suite of independent security testing services, including penetration tests, audits and assessments from offices in San Antonio, Dallas and Minneapolis. For more information about the Compass Group's solutions, visit www.thecompassgrp.net.

Located in Sioux Falls, S.D., Precision Computer Systems (PCS) is a leading supplier of core banking products. PCS Vision, the company's flagship system, is complemented by a full line of optional modules, including Internet banking, document management and imaging, risk management and fraud prevention, platform, e-commerce and marketing applications. PCS provides both in-house and outsourced solutions to community banks ranging from de novo to multibillion-dollar institutions. A reputation for software service and reliability contribute to the company's 99-percent client retention rate. Part of the Fiserv family of companies, PCS is a subsidiary of Information Technology, Inc. (ITI), and can be found on the Internet at www.pcsbanking.com.

Fiserv, Inc. is a provider of information management systems and services to the financial and health benefits industries, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 17,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-insured employers, lenders and savings institutions. Headquartered in Brookfield, Wis., Fiserv reported $3.7 billion in processing and services revenues for 2005. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 and 2005 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet at www.fiserv.com.

SOURCE: Fiserv, Inc.

Precision Computer Systems, Inc.
Anne Fuehrer, 605-323-6252
anne.fueher@pcs.fiserv.com
or
Compass Group Consultants, LP
Gene Fulcher, 210-348-0206
gfulcher@thecompassgrp.net
or
Fiserv, Inc.
Mike Muckian, 262-879-5667
mike.muckian@fiserv.com

Copyright Business Wire 2006

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