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ICBA extends Fiserv deal

23 February 2011  |  2141 views  |  0 Source: Fiserv

Fiserv (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that it has again been named a Preferred Service Provider by The Independent Community Bankers of America (ICBA).

Bank Intelligence Solutions at Fiserv initially partnered with ICBA in 2005 and under this new three-year agreement, which lasts through December 31, 2013, ICBA members will continue to receive exclusive discounts on subscriptions to BancAnalyst(R) Financial and BancAnalyst(R) Market online advisory tools from Fiserv.

Through the Preferred Service Provider program, the ICBA recognizes the distinct value specific products and services deliver for community banks. The ICBA performs a rigorous review process when considering companies for renewal and closely monitors members' experiences with these Preferred Service Providers throughout the term of each agreement.

"ICBA extended its exclusive relationship with Bank Intelligence Solutions from Fiserv because its BancAnalyst tools provide community bankers with measurable benefits by giving them the insight they need to better allocate limited resources and manage their institution's performance," said William R. McDaniel, chairman of the ICBA Bank Services Committee. "These online advisory solutions play a key role in helping our members to make decisions on critical banking issues such as developing effective fee income and branching strategies in today's challenging environment."

"We take great pride in our long relationship with ICBA. It speaks to our unique ability to equip bank executives with quantifiable analysis and specific conclusions from which they can drive their strategic and tactical plans to build long-term franchise value," said Steve Cotton, president of Bank Intelligence Solutions, Fiserv. "In the six years that we have worked closely with the ICBA, we have significantly expanded our business, and helped our clients to expand theirs."

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