BHC Securities, Inc. Announces Name Change to Fiserv Securities, Inc.

BROOKFIELD, Wis.--(BUSINESS WIRE)--Oct. 28, 1999--

Fiserv, Inc. (NASDAQ:FISV) announced today that effective November 1, 1999, BHC Securities, Inc. will change its name to Fiserv Securities, Inc., according to Leslie M. Muma, Vice Chairman, President and CEO of Fiserv. BHC is a securities clearing and execution subsidiary based in Philadelphia, and part of the Fiserv Securities Processing Group.

"Adopting the Fiserv name will allow BHC to gain additional recognition in the financial services marketplace, while continuing to expand on its role as one of the resources available within our Securities Processing Group," said Robert H. Beriault, President & COO, Fiserv Securities Processing Group. "In addition, the new name will more clearly reflect the broader processing and support services that Fiserv has offered its network of both bank and non-bank affiliated broker-dealers for over 15 years."

As Fiserv Securities, Inc., the BHC organization will continue to deliver high quality securities processing, real time clearing and execution, and market-driven technology that helps keep Fiserv clients ahead of the competition. For existing and prospective clients alike, the Fiserv name will continue to signify service excellence backed by proven technology in the securities, banking and insurance industries.

The Fiserv Securities Processing Group provides comprehensive processing solutions, services and products to the brokerage industry. It includes Fiserv Correspondent Services in Denver and Boca Raton, and Fiserv Securities in Philadelphia, with both organizations offering a comprehensive package of securities processing services; and Fiserv Investor Services in Houston, a provider of third-party marketing services and brokerage services to banks, as well as telephony and Internet-based discount brokerage services.

Fiserv, Inc. (NASDAQ:FISV) is an independent, full-service provider of integrated data processing and information management systems to the financial industry. As a leading technology resource, Fiserv serves more than 10,000 financial service providers worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies, mortgage banks and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv also can be found on the Internet at www.fiserv.com.