Summit Unit of Fiserv Offers Advanced Paperless Technology To Speed Credit Union Workflow

May 13, 2005
Summit Unit of Fiserv Offers Advanced Paperless Technology To Speed Credit Union WorkflowCORVALLIS, Ore.--May 13, 2005--Summit Information Systems, a unit of Fiserv, Inc. (Nasdaq: FISV), today announced an alliance with Integrated Media Management (IMM) to speed the deployment of advanced document workflow for credit unions. By integrating the Summit Branch Suite solution with the TotaleAtlas browser-based document presentment application from IMM, Summit clients can now automate the creation of documents required for any member service operation. This powerful solution can be integrated with TrueImage from Summit or any third-party imaging application selected by the credit union, creating end-to-end document workflow automation.

The seamless integration of these applications extends the functionality of the browser-based Summit Branch Suite, a member-focused credit union desktop that streamlines the production of branch documents such as loan applications, disclosures, account agreements, and new-member applications. Working within Branch Suite, clients can pull real-time data and automatically generate new documents that are easy to store, view, print, or email within and beyond the walls of the credit union. New documents, including electronic signatures and document encryption, are automatically stored and available for immediate access throughout all credit union departments and branch locations.

"By combining Summit advanced technology with best-of-breed applications, we have automated credit union staff workflow, increased document security and simplified electronic document filing," said Don White, senior director of product management at Summit Information Systems. "Now credit unions can create a document workflow solution that would work the way they work, simplify business processes, and help create a paperless work environment."

The workflow benefits of Branch Suite and TotaleAtlas, available now, will be presented by Summit and IMM at Summit's upcoming client conference May 16-18 in San Antonio, Texas.

Summit Information Systems, a unit of Fiserv, Inc., is the solutions provider behind the quality service at many of the nation's credit unions. The Summit Spectrum® core processing solution, delivered via in-house, on-line or resource management environments, is nationally recognized for superior transaction processing capabilities. Through an intuitive interface, credit unions are provided with advanced, open system capabilities to manage their organization, member data and resources. Connect to more Summit information at http://www.summitsite.com.

Fiserv, Inc. (Nasdaq:FISV) provides information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing and software and systems solutions. The company serves more than 16,000 clients worldwide, including banks, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, leasing companies and mortgage providers. Headquartered in Brookfield, Wis., Fiserv reported $3.4 billion in processing and services revenues for 2004. Fiserv was ranked the largest provider of information technology services to the U.S. financial services industry in the 2004 FinTech 100 survey by the American Banker newspaper and the Financial Insights research firm. Fiserv can be found on the Internet http://www.fiserv.com.

Integrated Media Management is a software development company with its headquarters located in Linden, NJ. Founded in 1996, IMM provides highly functional document prep and presentment solutions integrated directly with the core or platform application. To date, IMM's products are installed in over 500 credit unions nationwide. IMM can be found on the Internet at http://www.immonline.com/.