Mondrian Implements Advantage Fee from Fiserv
Brookfield - 3 February 2010
Complex fee structures and increasing client volumes more easily managed
Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Mondrian Investment Partners has successfully implemented Advantage Fee™, Fiserv’s client billing and revenue management solution. Mondrian, an international investment management firm with more than $60 billion in assets worldwide, selected Advantage Fee from Fiserv to handle complex fee structures for its growing number of client accounts.
“We actively invest in international and emerging markets on behalf of major institutions worldwide and our clients demand invoices be calculated accurately, reliably and on time. Advantage Fee from Fiserv enables us to meet these needs. We have experienced a significant improvement in our ability to produce our bills more efficiently. Advantage Fee is now an essential part of our finance department,” said Darren Wells, financial controller, Mondrian.
“The flexibility and scalability of Advantage Fee from Fiserv gives Mondrian the power to process greater volumes of client invoices and to have better visibility and control over every step of the billing process,” said Jay Pila, senior vice president, Sales, Investment Services from Fiserv. "Mondrian’s decision to implement Advantage Fee validates our longstanding commitment to provide our clients with innovative client billing and revenue management solutions that meet their ongoing requirements.”