Tandem Bank selects Agiliti from Fiserv as its technology platform
BROOKFIELD, WI (February 9, 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.
About Fiserv
Fiserv, Inc. (NYSE: FI), a Fortune 500 company, aspires to move money and information in a way that moves the world. As a global leader in payments and financial technology, the company helps clients achieve best-in-class results through a commitment to innovation and excellence in areas including account processing and digital banking solutions; card issuer processing and network services; payments; e-commerce; merchant acquiring and processing; and the Clover® cloud-based point-of-sale and business management platform. Fiserv is a member of the S&P 500® Index and has been recognized as one of Fortune® World’s Most Admired Companies™ for 9 of the last 10 years. Visit fiserv.com and follow on social media for more information and the latest company news.
