Fiserv Inc. account reps were out Tuesday selling their newflagship core account processing platform for credit unions andcommunity banks: DNA.

The Wisconsin-based financial services technology giant boughtOpen Solutions Inc. on Monday and plans to integrate features ofits Acumen platform into the DNA solution over the next 24 monthsor so, said Jeffery Yabuki, Fiserv's president/CEO.

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After years of putting together a client roster of severalthousand credit unions through internal growth and acquisition ofcompeting core processors, Fiserv rolled out Acumen in 2009 as an all-new platform with360-degree member-facing features and an emphasis on Web servicesand other integrating technologies.

Yabuki said that in the long run, he does not see those twoplatforms co-existing in the Fiserv lineup.

“We believe that the innovation exists within the DNA platformtoday is fantastic, whether it has to do with relational databasecapabilities or collaborative architecture,” Yabuki told CreditUnion Times in an interview Tuesday morning. “Over thenext 24 months we want to take some of the unique capabilities wehave constructed within the Acumen environment – such ascustomizable workflows and member management capabilities – andexport that over to DNA.”

“We think that will make it ultimately the most innovative andexisting account processing platform available.”

Open Solutions had about 800 credit unions, community banks andthrifts on its core platforms. About 30 of Fiserv's credit unionclients run Acumen. Thousands more are on legacy platforms such asXP2, CUSA, DataSafe and Portico, to name a few.

Yabuki said support for those platforms will not change. “Thisdoes not represent any fundamental change,” Yabuki said of the OpenSolutions purchase, comparing it with the $4.4 billion acquisitionof payments provider CheckFree in 2007.

“CheckFree really brought transformational change to Fiserv interms of providing us with market- leading payment capabilities,”the Fiserv CEO said. “Open Solutions brings a number of innovativeproducts to bear on the market but at the same time does not bringtransformational change.

“Fiserv has been doing core account processing since we began28-29 years ago by putting together a couple data centers. Becausewe know the business so well, we have a high degree of confidencein our ability to deliver substantially more value to the creditunions and banks and thrifts that worked with Open Solutions andnow will be working with us.”

Yabuki also touted the addition of Raddon Financial Group.“Raddon has a great reputation in the credit union space,” he said.“We have several different areas in Fiserv that provide informationand analytics that help financial institutions run their business.Raddon will bring more value to that.”