) has come up with a new version of TradeFlow, a multi-asset
post-trade process solution intended for asset management firms.
TradeFlow integrates features from MarkitSERV, which offers
electronic trade processing for over-the-counter (OTC)
derivatives trading activity.
The enhanced version of TradeFlow is capable of delivering
automated OTC clearing sequence, which automates the whole
process and enables smooth communication between financial firms
and multiple clearing counterparties. This solution is expected
to minimize the human intervention in the whole process, thereby
reducing the chance of trading error.
Lately, Fiserv has launched a number of financial services
solutions. Earlier, the company launched FATCA Manager which has
been widely accepted. It is evident from the increasing customer
base of the company that its new solutions are in demand. Fiserv
signed 136 new clients, which took the total number of clients
for the Mobiliti solution up to 1,700 at the end of the third
Client demand for Popmoney solution continues to remain strong
as Fiserv signed 100 new institutions in the quarter. During the
recently concluded third quarter, Fiserv also signed 71
electronic bill payment clients and 38 debit processing
The company's diversified product portfolio and continued
technology upgrades are expected to boost its top line going
forward. Higher synergies (both top-line and cost) from Open
Solutions acquisitions and continuous contract wins by the DNA
platform are expected to drive growth over the next couple of
We believe that new product launches, various contract wins
and accretive acquisitions will help Fiserv to fight stiff
) in the near term. Moreover, the ongoing consolidation in the
financial services industry is a cause for concern.
Fiserv has a Zacks Rank #3 (Hold).
FIDELITY NAT IN (FIS): Free Stock Analysis
FISERV INC (FISV): Free Stock Analysis Report
GLOBAL PAYMENTS (GPN): Free Stock Analysis
MASTERCARD INC (MA): Free Stock Analysis
To read this article on Zacks.com click here.