Fiserv CBS Worldwide today announced that it has been awarded Mortgage Strategy magazine's 2006 Gold Standard Technology Service Award for its core processing and customer servicing solution at the UK's number one specialist mortgage lender, BM Solutions.
The company was nominated by its client BM Solutions based on Fiserv CBS Worldwide's provision of a total technology solution for the award-winning lender. BM Solutions also received a Gold Standard Technology Service Award as part of a benchmarking study of UK mortgage lenders and their intermediary technology conducted by Frank Eve Consulting Limited.
"We are delighted that BM Solutions chose to nominate Fiserv as its technology partner for this award. Fiserv has once again proven the rich functionality, scalability and adaptability of its ICBS (International Core Banking System) as a mortgage processing and consumer finance platform," said John Bower, managing director of Fiserv Europe Limited. "Fiserv technology in the core and front-end enable lenders such as BM Solutions to operate more efficiently than their peers, scale with growing demand, manage intermediaries and use multiple channels to sell product and deliver quality service."
Fiserv was one of five companies receiving the accolade. Awards were presented at the Mortgage Business Expo in London on November 15, 2006.
About Fiserv CBS Worldwide
Fiserv CBS Worldwide is a unit of Fiserv Inc. (Nasdaq: FISV), a Fortune 500 company, and serves more than 17,000 clients in 66 countries around the world. Fiserv CBS Worldwide delivers end-to-end business and technology solutions for retail financial organizations, consumer finance institutions and credit unions throughout Europe, Asia-Pacific, Latin America, the Caribbean, Canada and the United States. Through its offices in the USA, UK, Poland, Russia, Singapore, Australia, China, Indonesia, Colombia, Costa Rica and Mexico, Fiserv CBS Worldwide enables almost 300 financial institutions to deliver integrated solutions for managing the entire customer lifecycle from core banking to multichannel customer contact and data warehousing. Fiserv CBS Worldwide can be found on the Internet at http://www.fiservcbs.com/.
About Fiserv Inc.
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 (BPO), 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 2004, 2005 and 2006 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 http://www.fiserv.com/.
