Pittsford Federal Credit Union Chooses Fidelity National Information Services' MISER(R) Core Processing Solution
February 27 2006 - 4:05PM
PR Newswire (US)
Credit Union's Decision Based on the Solution's Broad
Functionality, as well as the Superior Client Service and Support
Reported by Other Institutions JACKSONVILLE, Fla., Feb. 27
/PRNewswire-FirstCall/ -- Fidelity National Information Services
(NYSE:FIS) today announced that Pittsford Credit Union of
Pittsford, NY has selected FIS' MISER(R) solution for their core
processing needs. Pittsford Federal Credit Union, a $221 million
institution that was formed in 1968 to serve area teachers,
selected MISER due to its built-in workflows that streamline member
account opening and automate the verification of identity required
by regulators, as well as the multitude of applications that have
been seamlessly integrated into the system. Other features that led
to the decision included the ability to track interactions with
members through all channels and the ease with which they will be
able to consolidate and analyze member information for relationship
management and custom projects, such as the payment of special
member dividends. "We were impressed with the level of
functionality built into MISER," said Brian Scudder, senior manager
for the institution. "Additionally, we appreciated their ability to
quantify how quickly they respond to and resolve issues, and the
way they regularly communicate when users are in need of support.
We wanted to find a vendor that would value our input and nurture
productive client relationships. So we attended user conferences of
some of the systems we were considering. At the MISER User Group --
or MUG -- it was a completely different feel. The teamwork between
FIS and their clients was clearly one of mutual support." MISER is
a real-time, open and integrated core processing solution designed
to speed processing, manage workflow and automate banking
functions. This scalable and flexible solution delivers
mission-critical high-volume processing with demonstrated
reliability and efficiency. "MISER's built-in workflows will
streamline the new member enrollment process, so the credit union
will be able to get off to a great start with newcomers," said
Santo Cannone, senior vice president of FIS' Integrated Financial
Solutions division. "It will also provide greater ability for
member service representatives to track interactions with members,
which will go a long way in delivering excellent service and
building solid relationships." About Fidelity National Information
Services, Inc. Fidelity National Information Services, Inc.
(NYSE:FIS) is a leading provider of core processing for financial
institutions; card issuer and transaction processing services;
mortgage loan processing and mortgage-related information products;
and outsourcing services to financial institutions, retailers,
mortgage lenders and real estate professionals. FIS has processing
and technology relationships with 35 of the top 50 global banks,
including nine of the top ten. Nearly 50 percent of all U.S.
residential mortgages are processed using FIS software.
Headquartered in Jacksonville, Florida, FIS maintains a strong
global presence, serving over 7,800 financial institutions and over
100,000 retailers in more than 60 countries worldwide. For more
information on Fidelity National Information Services, please visit
http://www.fidelityinfoservices.com/ . FIS is a majority-owned
subsidiary of Fidelity National Financial, Inc. (NYSE:FNF), number
261 on the Fortune 500. More information about FNF can be found at
http://www.fnf.com/ . This press release contains statements
related to future events and expectations and, as such, constitutes
forward-looking statements. These forward-looking statements are
subject to known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements of the
Company to be different from those expressed or implied above. The
Company expressly disclaims any duty to update or revise forward-
looking statements. The risks and uncertainties which
forward-looking statements are subject to include, but are not
limited to, the effect of governmental regulations, the economy,
competition and other risks detailed from time to time in the
"Management's Discussion and Analysis" section of the Company's
Form 10-K and other reports and filings with the Securities and
Exchange Commission. First Call Analyst: FCMN Contact:
JFleetwood@fnf.com DATASOURCE: Fidelity National Information
Services CONTACT: Mary Waggoner, Sr. Vice President, Investor
Relations, +1-904-854-3282, or , or Michelle Kersch, Sr. Vice
President, Marketing and Corporate Communications, +1-904-854-5043,
or , both of Fidelity National Information Services Web site:
http://www.fnis.com/
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