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Fiserv Loan Origination Platform Offers Automated Loan-Level Compliance Audits
- Common Origination Platform now integrated with ComplianceAnalyzer® from ComplianceEase® -

Brookfield, Wis., March 23, 2009 - Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that its Common Origination Platform product, a next generation solution that helps lenders manage every aspect of loan origination and production, now enables lenders to automatically audit loans for regulatory compliance violations from within the platform, through a seamless integration with the current ComplianceAnalyzer product from ComplianceEase. The ComplianceAnalyzer product currently provides more than 280 financial institutions, service providers and regulators in the residential mortgage industry with real-time, comprehensive and cost-effective automated mortgage compliance audits.

The Common Origination Platform product from Fiserv allows lenders to originate all of their loans - real estate finance, consumer and small business - on one platform rather than on multiple, siloed systems. Coupled with an enterprise Business Rules Management System product, the Common Origination Platform provides lenders an opportunity to reduce costs and improve efficiency. The platform is available in multiple deployment models, including licensed versions, and Software as a Service (SaaS). Now with the integration of the ComplianceEase product, Common Origination Platform product users can leverage the ComplianceEase product's patented web-based, software-as-a-service technology, ComplianceAnalyzer, to automatically conduct regulatory compliance audits on every loan it originates or acquires, in real-time.

"In 2008, our research team tracked more than a hundred different pieces of legislation governing the terms of mortgage loans, a 30 percent increase over the legislative activity in 2007. We expect that trend to continue in 2009, with the compliance landscape becoming more complex than it has ever been before," said Jason Roth, senior vice president of product development at ComplianceEase. "In this challenging environment, lenders will need to leverage technology and automation in order to mitigate the regulatory and litigation risks. Regulations are rapidly changing and only an automated audit system is going to help lenders stay on top of all of the changes and ensure that every loan is compliant."

"As lenders re-tool for this rapidly changing market, they should explore how technology can assist them in leveraging common processes across all of their products," said Jonathon Burch, product manager for the Common Origination Platform, Fiserv. "By integrating with world-class tools such as ComplianceAnalyzer, the Common Origination Platform makes it easier for lenders to make those platform decisions."

About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrates its 25th year in 2009. For more information, visit www.fiserv.com

About ComplianceEase®

ComplianceEase, a division of LogicEase Solutions Inc., headquartered in the San Francisco Bay Area, is a premier provider of intelligent business solutions to the financial services industry. ComplianceEase's patented platform includes ComplianceAnalyzer - the mortgage industry's leading automated compliance solution. ComplianceEase combines industry and regulatory compliance expertise with innovative technology to power beginning-to-end solutions in a fraction of the time and for a fraction of the cost of traditional approaches, while providing high levels of accuracy and integrity. ComplianceEase's significant and growing client base includes 4 of the top 5 mortgage lenders in the nation, and over 280 financial institutions, service providers, and regulators. Managed by a team of highly experienced and innovative mortgage professionals, the company is funded by the First American Corporation, the WI Harper Group, and the senior management team. For more information about ComplianceEase, www.ComplianceEase.com.

Press Contacts

Fiserv, Inc.
Julie Nixon
Financial Institution Services Group

Michael Chan
650-373-1111 x1197

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