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Atlanta, Georgia Office

3930 East Jones Bridge Road
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Owings Mills, MD Office

25 Crossroads Drive, Suite 200
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Los Angeles Office

11150 Olympic Blvd, Suite 600
Los Angeles, CA
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The Hague, Holland Office

Loire 200-202
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London, UK Office

Baker's Hall 7 Harp Lane
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Singapore Office

30 Cecil St. #22-02/08 Prudential Tower
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Scottsdale, Arizona Office

7272 E. Indian School Road
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Jersey City, NJ Office

10 Exchange Place, 23rd Floor
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255 Fiserv Drive
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Sydney, Australia Office

Level 14 124 Walker Street
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Luxembourg Office

4 Rue d'Arlon
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Uxbridge, UK Office

7 Roundwood Ave
Uxbridge
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Lake Mary, Florida, US Office

600 Colonial Center Pkwy
Lake Mary
FL
US

Telephone

617-217-2816

Contact

Melanie Cousins
[email protected]
Back to all Fiserv announcements

Fiserv Enhances the Functionality of its Fee Billing Solution

  • Fiserv improves usability of Advantage Fee, its industry leading fee-billing solution
  • Advantage Fee provides robust revenue management technology with the ability to accommodate the most complex and varied fee structures
  • Advantage Fee now uses Microsoft SQL Servicer Reporting Services to accelerate information delivery and analysis

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced new enhancements to Advantage Fee(TM), its fee billing and revenue management solution. Through Advantage Fee, Fiserv offers financial services organizations a robust solution that streamlines billing processes, thereby automating the new generation of complex fee structures and dramatically reducing revenue leakage.

"The enhancements to Advantage Fee give our clients greater depth and flexibility, helping financial organizations better serve their clients and vendors, improve internal operations and prevent revenue leakage," said Shaun McGee, senior product manager, Investment Services, Fiserv. "Fiserv has a deep understanding of the challenges financial services organizations face. By enhancing our technology, we are able to mitigate risk and improve operational efficiency to allow more time to serve clients."

Advantage Fee now boasts support for Microsoft(R) SQL server 2008 R2, Windows(R) Server 2008, Windows(R) Vista and Internet Explorer(R) 9. In addition to improvements to its user interface and system performance, Advantage Fee now includes a completely new reporting solution with self-service capabilities. The upgrade also provides new operational enhancements, such as the introduction of a new fee schedule report for auditing purposes.

For 18 years, Advantage Fee has provided financial service organizations with robust client billing and revenue management capabilities, supporting flexible, innovative and fast-changing fee structures with efficient and controlled invoicing. The solution can handle diverse asset classes and currencies in multiple languages at any level. Advantage Fee is well-established as the solution of choice for financial institutions poised for growth over the long term.

Fiserv has more than 3.4 million accounts on its wealth management platform and over one million UMA sleeves. With its acquisitions of AdviceAmerica financial planning technology and CashEdge data aggregation capabilities, Fiserv remains the leader in the financial services industry with technology that can support all functions of a wealth management business, from planning, trading, post-trade processing and investor reporting to fee billing and invoicing.