OREANDA-NEWS. February 10, 2016.
Fiserv,
Inc. (
NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that
Tandem Bank has selected
Agiliti™ from
Fiserv as its technology platform.
Tandem Bank selected
Agiliti to bring a new banking experience to market due to the
solution's comprehensive service set, ease of implementation and the
proven experience of
Fiserv. Agiliti is a hosted, software-as-a-service
(SaaS) retail bank technology solution, modular in its approach,
offering a comprehensive software and infrastructure.
Tandem Bank received its banking license on 30 November, 2015, and is on
track to launch later in the year. Focussing on creating a ‘good bank'
that meets the needs and behaviours of its customers, it will introduce
a range of breakthrough banking solutions, including digital products
that help customers manage their finances quickly and effortlessly in a
way which suits them.
"Tandem Bank will be a highly disruptive player in the banking world,
with a sharp focus on helping to improve people's lives by providing
tools and services that provide more control and visibility to their
personal finances," said
Ricky Knox, Founder, Tandem Bank. "We are in a
critical phase for the business as we fine tune our launch plan,
ensuring what our customers want is at the forefront. We look to Agiliti
from Fiserv to provide a first-class technology platform as we focus on
serving up the best user experience possible."
Agiliti delivers the service, technology and infrastructure needed to
facilitate the launch of Tandem Bank, allowing the bank to focus on
market differentiation supported by a proven technology platform.
Agiliti provides Tandem Bank with a solution to quickly deploy the
latest customer technology with the scalability and reliability of a
private cloud. The bank benefits from transparent pricing,
pre-integrated components and services, and customer service expertise,
which help enable a sustainable and efficient business model.
"People aren't thinking about financial services, they are thinking
about life - buying a home, getting an education, saving for retirement.
With Agiliti, we are changing the way banks manage their IT operations
to help enable a richer customer experience," said
Steve Tait, division
president, International Group, Fiserv. "For Tandem Bank, Agiliti is a
solution that will enable them to efficiently and effectively execute
their vision for serving customers."
Agiliti is designed to change the way financial institutions - whether
new or existing - acquire technology services, helping to reduce high
costs and mitigate risks. Agiliti includes a full suite of
payment and transaction capabilities and gives financial institutions
the ability to manage customer relationships across all channels,
throughout the customer lifecycle, and retain full ownership of the
customer, the associated data, their brand, and their commercial model.
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 TheSpeedofLife.com.
Additional Resources
About Tandem
Tandem is on a mission to create a ‘good bank' that only does well when
its customers do well. Tandem will launch in 2016 with a range of
breakthrough banking solutions, including digital products that help
customers manage their finances quickly and effortlessly in a way which
suits them. For more information, visit www.tandem.co.uk.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) enables clients to achieve best-in-class
results by driving quality and innovation in payments, processing
services, risk and compliance, customer and channel management, and
business insights and optimization. For more than 30 years, Fiserv has
been a leader in financial services technology, and today is among
FORTUNE® magazine's World's Most Admired Companies and Forbes
magazine's America's Best Employers. For more information, visit www.fiserv.com.
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