Fiserv EFT had a legacy system for settling and reconciling its electronic transactions. Throughout the years, the system had become very costly to maintain and was not meeting Fiserv EFT's growing transaction volume needs.
Since it was imperative for Fiserv EFT to meet its daily settlement windows and provide current transaction information to its clients, the company required a new solution that met the following requirements:
- Easy to maintain
- Low deployment costs
- High volume processing
- Daily system balancing
- User-friendly web interface
- Secure and compliant access
We selected BHMI due to their extensive experience with high volume transaction processing systems and their strong reputation within the financial services industry.