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BDO Unibank expands Fiserv relationship to increase biz flexibility, speed to market

Fiserv, provider of financial services technology solutions, announced that BDO Unibank, the largest bank in the Philippines, extended and expanded its relationship with the company.

Fiserv, provider of financial services technology solutions, announced that BDO Unibank, the largest bank in the Philippines, extended and expanded its relationship with the company. With this development, BDO Unibank – which first partnered with Fisery over 18 years ago – will upgrade to the latest version of the Signature core account processing platform and expand Managed Services from Fiserv.

Signature provides a multicurrency, multichannel banking solution, offering a 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. This, combined with expansion of Managed Services, will be expected to allow BDO Unibank to respond to customer and market requirements quickly and frequently.

With Managed Services, Fiserv provides BDO Unibank an onsite team of resources in product knowledge and technology best practices.

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“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.”

Across Asia Pacific, Fiserv serves 68 clients in 13 countries, including banks in Australia, Thailand, and Indonesia. 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.

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