Fiserv ITI's Premier Suite Chosen by Southwest Securities; Bank Cites Product Integration and an Array of Client Service as Reason for Choice.LINCOLN, Neb. -- Fiserv, Inc., (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ) announced today that its Information Technology Inc. (ITI (Information Technology Industry Council, Washington, DC, www.itic.org) Formerly the Computer and Business Equipment Manufacturers Association (CBEMA), founded in 1916. ITI is a membership organization composed of approximately 30 large high-tech companies. ) business unit's Premier(R) integrated in-house core solution has been chosen by Southwest Securities, FSB (FrontSide Bus) See system bus. FSB - front side bus , of Arlington, Texas. Southwest Securities officials believe Premier will offer customers more opportunities to do business with the $828 million bank. "ITI's integrated array of products and services, especially e-commerce and business services, were particularly important in our decision," said Rhonda Long, Southwest Securities senior vice president of operations. "The fact that ITI is a stable and financially solid company, partnered with hundreds of financial institutions across the country, also is important to us." Available for both in-house and outsourced environments, ITI's openly integrated Premier software offers products for virtually every function, including Internet banking, enterprise content management, executive intelligence, relationship management, branch automation and core accounting. All programs are available on the industry's most popular hardware platforms. Bank officials said they especially look forward to deploying ITI's consumer and business Internet banking products, Premierecom and Premierecorp, as well as Premier Merchant Capture, an automated deposit solution, and the Premier Viewpoint business intelligence product. "With an integrated system, we're able to get a better picture of our customers and their whole relationship with our bank," explained Long. "While every customer is important to us, knowing which customers are more profitable helps our staff make better lending decisions." "Southwest Securities completed an extensive review of the industry's core banking systems before making its final decision, and we're obviously very pleased they chose Premier," said Tom Cypher See cipher. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for ITI. "We look forward to providing the bank with the leading edge technology that can be used to achieve aggressive strategic growth plans." Southwest Securities, FSB has been in business since 1986 and is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of SWS SWS Slow Wave Sleep SWS Short Wavelength Spectrometer SWS Sturge-Weber Syndrome (birthmark) SWS Stadtwerke Speyer GmbH (Germany) SWS Social Work Services (US Army) Group, Inc. Although based in Texas, the bank conducts business nationwide and places a strong emphasis on all areas of lending, from consumer loans and construction loans to mortgage warehousing and factoring. ITI offers several core solutions, including the Premier and the PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. Vision suites, as well as a broad range of supporting products and services. Founded in 1976, ITI works closely with some of the best-known technology companies in the world, and has grown to incorporate businesses and offices nationwide, including its Premier, Precision Computer Systems (PCS), Branch Automation, eSolutions, Digital Solutions, Decision Metrics and Professional Services operating units. A subsidiary of Fiserv, Inc., ITI can be found on the Internet at www.itiwnet.com. Fiserv, Inc. (Nasdaq:FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include transaction processing, outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in (BPO BPO Business Process Outsourcing BPO Benevolent & Protective Order (of Elks of the USA) BPO Benzoyl Peroxide BPO Business Process Optimization BPO Broker Price Opinions BPO Buffalo Philharmonic Orchestra ), software and systems solutions. The company serves more than 17,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2005 and 2004 FinTech 100 surveys. Fiserv Health provides health plan management, pharmacy benefits management, and BPO services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis., Fiserv reported more than $4 billion in total revenue for 2005. For more information, please visit www.fiserv.com. |
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