BDO Unibank Renews and Expands Fiserv Relationship to Increase Business Flexibility and Speed to Market

BDO Unibank Renews and Expands Fiserv Relationship to Increase Business Flexibility and Speed to Market
06.06.2017 11:15 am

BDO Unibank Renews and Expands Fiserv Relationship to Increase Business Flexibility and Speed to Market

Banking

Fiserv announced that BDO Unibank, the largest bank in the Philippines, has extended and expanded its relationship with Fiserv. BDO Unibank operates in an increasingly competitive market and needs a flexible technology platform that allows new capabilities to be delivered quickly. Based on a positive relationship of more than 18 years with Fiserv, the bank will upgrade to the latest version of the Signature core account processing platform and expand Managed Services from Fiserv.

“We chose to continue and expand our relationship with Fiserv because they have delivered reliable technology that has scaled with our growth, and we are confident they have the technology and expertise to enable us to compete with new financial service players that are entering the market,” said Ricardo Martin, Head of Information Technology, BDO Unibank. “The resilient technology allows us to be flexible when responding to customer needs and provide new products quickly and seamlessly.”

Signature provides a robust, multicurrency, multichannel banking solution. It offers a comprehensive, scalable environment for bank processing, providing automated customer relationship management, product design, transaction processing and financial management.

The latest version of Signature provides a real-time 24/7 capability, and creates a continuous delivery environment that enables the delivery of fast, cost effective and reliable change. This, combined with expansion of Managed Services, will allow BDO Unibank to respond to customer and market requirements quickly and frequently. With Managed Services, Fiserv provides BDO Unibank an onsite team of expert resources in product knowledge and technology best practices to enable the execution of the core platform upgrade and ongoing product support.

"In order to succeed, financial institutions need reliable technology that is flexible and agile. Our priority is to enable financial institutions to provide innovative financial services that are in step with how people live and work,” said Marc Mathenz, senior vice president and managing director, Asia Pacific, Fiserv. “By upgrading to the latest version of Signature, BDO Unibank has invested in its future to stay ahead of rapid market changes and focus on serving its customers."

With BDO Unibank, Fiserv continues its history of successful implementations in the Philippines. Across Asia Pacific, Fiserv solutions enable 68 clients in 13 countries, including some of the largest banks in Australia, Thailand, and Indonesia, to achieve best in class results. Fiserv provides a range of solutions to clients through its more than 4,000 associates in the region including offices in Sydney and Singapore. Worldwide, Fiserv supports more than 12,000 clients in over 80 countries with more than 23,000 associates and moves more than $1.5 trillion each year on behalf of its clients.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today - financial services at the speed of life. Learn more at fiserv.com.

Related News

New digital-first bank – Monument – coming to the UK, to meet the needs of professionals, property investors and entrepreneurs

Monument reveals that it is in the latter stages of its application for a banking licence.  Monument plans to launch the bank of choice for the overlooked and underserved... Read more »

Royal Bank of Scotland (RBS) Leverages Mphasis’ Testing Centre of Excellence to Support Business Alignment Objectives

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in ... Read more »

OpenPayd unveils crypto banking and payments proposition amid unprecedented sector growth

OpenPayd, the API-led Banking-as-a-Service provider, today unveils its banking and payments solution for... Read more »

CaixaBank to enable non-residents to open an account and apply for a mortgage online

CaixaBank, Spain’s leading retail bank headed by chairman Jordi Gual and chief executive officer Gonzalo Gortázar, has become the country’s first bank to... Read more »

Paymentology eyes the Middle East as competition to attract digital-ready customers grows

UK cloud-based payment processor, Paymentology announces the expansion of its Middle East operation to meet the projected growth of digital banking in the... Read more »

Yolt helps users save on bills through partnership with flexible motor insurance provider By Miles

Yolt, the smart thinking money app, has expanded its network of partners today, announcing a new in-app partnership with pay... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel