Brookfield, Wis., April 28, 2009 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that China Construction Bank (Asia) Corporation Limited (CCB (Asia)) has implemented KRM from Fiserv as its market risk measurement and management solution. With 36 branches in Hong Kong and Macau, CCB (Asia) chose KRM to provide analytical and reporting support for its market risk strategies.

Used to manage credit risk, interest-rate risk and market risk, KRM incorporates advanced risk concepts developed by Robert A. Jarrow, an originator of the Heath-Jarrow-Morton multi-factor term structure model. KRM helps financial institutions measure market exposures to determine limit compliance, develop risk mitigation strategies, allocate regulatory capital and evaluate market returns.

"Managing market risk accurately and in a timely manner is becoming more complex as financial instruments, trading methods and corporate structures continue to change," said Michael Leung, chief information officer for CCB (Asia). "KRM's integrated tools and multiple methodologies will help us analyze and control market risk more efficiently for trading and non-trading products."  

"KRM includes traditional approaches to value at risk and credit-adjusted value at risk, as well as a more modern, dynamic multi-period credit-adjusted value at risk," said Clement Ooi, vice president and managing director of Asia-Pacific operations for Risk and Performance Solutions from Fiserv. "This flexibility means market risk managers at CCB (Asia) can replicate legacy systems, but take advantage of multiple VAR horizons and an analysis period that is user defined."

CCB (Asia) offers a wide array of consumer, retail and commercial banking products and services to its customers. Consumer banking products include conventional transaction, foreign exchange and cash services, as well as deposits, loans and investment services. Retail and commercial banking products offered include trade finance, working capital and term lending, leasing, foreign exchange, insurance, and investment. CCB (Asia) is a wholly owned subsidiary of China Construction Bank Corporation. Headquartered in Beijing, China Construction Bank has a network of more than 13,000 branches and sub-branches in mainland China and overseas branches in several major financial centers.

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. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009. For more information, visit www.fiserv.com.