Brookfield, Wis., July 26, 2010 – Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Operational Risk and Regulation magazine has ranked it at the top of its “Compliance 20” software rankings.
Contributing to this overall ranking, Fiserv was also marked first overall in the “Compliance Monitoring and Control” and “Regulatory Reporting Packages” categories, as well as second in the “Anti-Fraud Software” category and third in the “Anti-Money Laundering Software” category.
The rankings were compiled from a survey conducted over four weeks. It was sent to readers of Operational Risk and Regulation and promoted through its Risk.net website. Respondents were asked to rank their top five companies across eight categories – compliance monitoring and control; email archiving, data storage and recovery tools; governance, risk and compliance; Sarbanes-Oxley products; anti-fraud software; anti-money laundering; regulatory reporting packages; spreadsheet compliance products.
“Risk management and regulatory compliance have moved to the front pages of business news in the past two years,” said John Filby, president, Risk & Compliance Solutions, Fiserv. “In this new environment, we remain extremely focused on helping our clients comply with ever-evolving external regulation and internal policies to minimize operational risk. I am pleased that Operational Risk & Regulation has recognized this and awarded us the top spot in its ranking of compliance software providers.”
Risk and Compliance represents one of the five core competencies of Fiserv. As a single-source provider, Fiserv offers a unique breadth of solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organization. Solution areas include Financial Risk Management, Financial Performance Management, Financial Crime Risk Management and Financial Control Solutions. Within these areas, compliance solutions range from loss event mitigation systems that address financial crime and reconciliation challenges to spreadsheet compliance and pure regulatory reporting.
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. Fiserv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
Public Relations Manager
Additional Fiserv Contact:
Director of Public Relations