Abstract
Fiserv expects that the finical industry will continue to require significant commitments of capital and human resources to the information systems requirements, to require application of more specialized systems and to require development, maintenance and enhancement of application software. Fiserv believes that economies of scale in data processing operations are essential to justify the required level of expenditures and commitment of human resources.
Fiserv Inc.
Fiserv, Inc. is the leader in providing integrated data processing and information management systems to the financial industry. The company was founded in 1984 through the combination of two major regional data processing firms that began as the data processing operations of their parent financial institutions. Historically, these firms expanded operations by developing a range of services for their parent organizations, as well as other financial institutions. Since its inception, Fiserv has grown into the development of highly specialized services and product improvements. These include adding new clients and acquiring firms complimenting the Fiserv organization.
Fiserv provides integrated data processing and information management systems. As the leader in technology resources, Fiserv serves more than 13000 financial institutions worldwide. The company has business support centers in Argentina, Australia, Canada, Colombia, Indonesia, The Philippines, Puerto Rico, Poland, Singapore and the United Kingdom. This includes banks, credit unions, leasing and finance companies, mortgage lenders and saving institutions as well as 2900 insurance companies. The company delivers core products that integrate account servicin ...