Last week,
Fiserv, Inc.
(
FISV
) announced that Badan Sertifikasi Manajemen Risiko (BSMR) has
again formed an alliance with Fiserv to develop and manage four
educational financial risk management workshops in Indonesia in
2012. The primary intent of these workshops is to educate
professionals in the risk management industry and provide them with
practical first hand experience to increase proficiency in such
aspects.
This is the second confluence ventured upon by BSMR with Fiserv
to ameliorate knowledge base on risk management in Indonesia.
Previously, in 2011, an educational workshop was created at Jakarta
by the duo which focused on aspects such as funds transfer pricing,
Risk Adjusted Return on Capital (RAROC), deposit pricing, etc. and
was attended by nearly 70 professionals from the risk management
and banking sectors.
Following the workshop, the current venture is targeted towards
ameliorating knowledge bases of liquidity management, funds
transfer pricing, RAROC etc. Fiserv averred that it is imperative
in today's world for banking and financial institutions to have
clarity in fields they deal in to the extent possible to cater to
customers' needs more meticulously.
While the company shows proactive trends in escalating
educational standards across the finance sector, it does not
overlook its sales growth strategies. On April 9, 2012, Fiserv
declared that it has signed a total of 190 enterprise content
management (ECM) clients in 2011. Such moves are laudatory judging
by the ongoing downsides accruing from the world's clouded fiscal
scenario.
The company should be wary of a few ominous players in the
industry. These include
Heartland Payment Systems
(
HPY
),
Equifax Inc.
(
EFX
) and
Fidelity National Information Services, Inc.
(
FIS
). At present we have a Neutral recommendation on Fiserv.
EQUIFAX INC (
EFX
): Free Stock Analysis Report
FIDELITY NAT IN (
FIS
): Free Stock Analysis Report
FISERV INC (
FISV
): Free Stock Analysis Report
HEARTLAND PAYMT (
HPY
): Free Stock Analysis Report
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