Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Columbia State Bank is implementing its InformEnt(R) Enterprise Data Warehouse solution. Columbia State Bank plans to integrate and leverage data across the enterprise to create new business and cross-sell opportunities, build more efficient operational policies, tighten risk controls and optimize its technology infrastructure.
Expanding on its relationship with Fiserv, Columbia State Bank, with $4.9 billion in assets and 80 banking offices in Washington and Oregon, is deploying the InformEnt(R) Enterprise Data Warehouse solution in an ASP model. Once fully implemented, the solution will provide Columbia State Bank with several critical data consolidation and business decision tools, including:
â¢ Housing critical information from the Precision banking platform from Fiserv and other in-house and external systems
â¢ Providing unlimited historical data capture and retention
â¢ Facilitating ease of reporting, analytics and information dissemination with any business intelligence tool
â¢ Empowering the business users with control of information
â¢ Providing executive management the ability to monitor the bank's progress via dashboards
â¢ Assisting with metrics and measurement programs to refine the bank's strategies.
"Columbia has a wealth of critical data across the enterprise and wanted to easily access that information, including current and historical data, and have the flexibility to disseminate information throughout the organization," said Steve Yuran, senior vice president, Data Management Solutions, Fiserv. "InformEnt takes the complexity out of managing data and gives the business user fingertip access for analysis."
A long-time Fiserv client, Columbia State Bank already uses the Precision(TM) bank platform for outsourced account processing, CheckFree RXP, the ACCEL/Exchange PIN debit network, AML Manager, Internet Banking, Integrated Teller, Director(TM), Business Process Manager and EasyLender(R).