Integration Critical to Enabling Future Banking Experiences
For financial institutions, integration could be the most important part of enabling the new experiences that consumers demand. This week in Bank Innovation, Niranjan Ramaswamy, vice president of Product Management at Fiserv, outlines a foundational approach to banking infrastructure: an enterprise services framework that enables institutions to leverage existing investments and integrate new innovations – faster and with less disruption.
Fiserv is on the forefront of this approach, and was recognized by Software AG, an enterprise technology partner, with a Solution Excellence Award. Using the framework, Fiserv created an event hub that connects financial systems to deliver real-time alerts to clients and their customers across multiple channels.
"Through this strategy, we were able to combine data from existing systems in new ways to help clients and their customers make the right financial decisions, at the right moment," said Ramaswamy.