Business
Fiserv Enables Financial Institutions to Better Manage Strategic Risk with Data-Driven Decision Making
Integrating a broad set of operational and transactional data with analytics modeling positions financial institutions to maintain resiliency and grow
About this update from Fiserv, Inc.
[{"type":"text","content":"\nIntegrating a broad set of operational and transactional data with analytics modeling positions financial institutions to maintain resiliency and grow\n\n BROOKFIELD, Wis.--(BUSINESS WIRE)--\nFiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling financial institutions to leverage data to gain forward-looking insights into business operations and manage governance and operational risk. Fiserv is focused on the integration of systems of record with analytic modeling tools, allowing financial institutions to combine previously siloed data from across the enterprise into an actionable, strategic decision management platform. The company’s two most recent partnerships in this area, with Strategic Risk Associates (SRA), a risk and performance technology solution and risk consulting services leader, and Moody’s Analytics, a provider of industry-leading financial intelligence and analytical tools to help business leaders make better, faster decisions, are expanding its existing data-driven offerings.\n\n“The secret sauce of an effective decision management platform is transforming good data into information. This requires integrating systems of record like core platforms and payment systems with analytical modeling capabilities, then making that information easily accessible to financial institution decision makers,” said Danny Baker, Vice President of Market Strategy at Fiserv. “We’re doing the heavy lifting for our clients by partnering with providers like SRA and Moody’s Analytics to ensure the reliable, real-time source data from Fiserv core platforms, financial accounting solutions, and payments and channels solutions is available seamlessly within a strategic risk management platform and dashboarding toolkit.”\n\nThe Fiserv approach combines best in class offerings in financial planning and analysis (FP&A), profitability, and risk management, leveraging the Prologue™ Financial Accounting suite from Fiserv as the cornerstone. Through an existing partnership with Syntellis for FP&A and profitability, and now SRA and Moody’s Analytics for governance and enterprise risk management, Fiserv is developing integrations and connections that enable clients to move from simple measurement of enterprise performance to predictive analysis that empowers financial institutio...