Fiserv, Inc. (Nasdaq:FISV) said its IPS-Sendero unit - a provider of technology solutions and education for strategic balance sheet, profitability and corporate performance management - has introduced service bureau delivery of asset/liability management and profitability measurement reporting tools to financial institutions through the launch of its Solution Services operation.
IPS-Sendero Solution Services provides financial services clients with strong control over the asset/liability and profitability management aspects of their business with secure and comprehensive reporting tools. Clients using IPS-Sendero Solution Services gain optimal performance with improved cost and service, immediate returns with minimal cash flow and profit and loss impact, and comprehensive report packages. Solution Services offers flexible contracts, secure exchange of confidential information at the click of a button, lower-cost point of entry, high-speed deployment and monthly or quarterly service.
"Solution Services combines the speed and ease of a service bureau with the flexibility of owning an in-house model," said Fred Mastro, director of IPS-Sendero Solution Services. "With more than 20 years of industry expertise, IPS-Sendero can tailor services to meet clients' specific needs, regardless of institution size."