The year has been good so far for two of the major companies inthe credit union technology space – Fiserv Inc. and Jack Henry& Associates.

Fiserv this week reported adjusted revenue of $1.08 billion inthe first quarter ended March 30, a 6% increase over the firstquarter of 2012.

Adjusted earnings per share from continuing operations in thefirst quarter increased 13% to $1.33 compared with $1.18 from theyear-ago quarter, the company said. Fiserv earlier this yearreported 27 consecutive years of double-digit EPS growth.

Fiserv acquiredOpen Solutions and its 3,300 customers in January and includedthose results from the date of acquisition, the company said.

“Our first quarter results are in line with expectations,and we are on track to achieve our targeted results for the year,”said President/CEO Jeffery Yabuki in a statement. “We are pleasedwith our progress on the integration of Open Solutions and thepositive client reaction to our broad array of leadingsolutions.”

The Open Solutions purchase added 800 core processing clients, about half of them credit unions andmost using the DNA platform. Five new DNA clients were signed in the quarter, the most for one quarter since2011, Fiserv said.

Fiserv said it also signed 90 Mobiliti clients in the quarterand has added nearly 1,500 mobile banking clients to date. Alsosigned were 89 Popmoney person-to-person payments clients, bringing that total to morethan 1,900 financial institutions.

The company said it signed 78 bill pay clients and 36 debitprocessing clients in the quarter. More than 2,400 credit unions run on Fiserv account processing platforms.

Jack Henry & Associates, meanwhile, concluded the thirdquarter of its fiscal year on March 30 and reported this week a 10%increase in revenue to $281.5 million, an increase of 11% in grossprofit to $114.6 million and a 25% increase in net income to $46million over the third quarter of fiscal 2012.

For the first nine months of fiscal 2013, revenue increased 9%,with an increase of 12% in gross profit, and an increase of 16% innet income compared to last year, the Monett, Mo., companysaid.

Jack Henry & Associates said it now serves more than 11,600customers through its Jack Henry Banking, Symitar and ProfitStars operations. Symitar provides core processing andother solutions to more than 750 credit unions.

The credit union systems and services segment revenue increased11% to $68.6 million with a gross margin of 42% for the thirdquarter of 2013 from $61.6 million and a gross margin of 40% in thesame period a year ago, the company said.

“The results this quarter are much like those of the lastseveral quarters with solid performances across all areas of thecompany. Revenue growth was very strong with double digitgains in license fees, implementation and payments,” said CEO Jack Prim.