Open Solutions

ACI Completes Takeover of Online Resources Corp.

By Marc Rapport | March 11, 2013

New owner claims added strategic bill pay capabilities, broadened online banking portfolio; promises continued support and R&D.
Louis Hernandez Jr. Gets New Gig: Avid President/CEO

By Marc Rapport | February 25, 2013

Former Open Solutions head man gets top job at major provider of video and audio technology.
Tech Firm Consolidations Driven by Due Diligence, Penny Pinching

By Robert McGarvey | February 13, 2013

Big banking tech companies recently have been hungrily gobbling up smaller companies and the question is, Will this consolidation continue? The other question, Is this good, or bad, for credit unions?
David Mitchell Moving From Open Solutions to COCC

By Marc Rapport | February 6, 2013

Product strategy veteran jumping from one Connecticut firm to another after Fiserv takeover.
Fiserv Touts 2012 Results: 27 Straight Years of Double-Digit EPS Growth

By Marc Rapport | February 6, 2013

Financial services technology provider reports $4.2 billion in 2012 revenue, additions to mobile banking, bill pay client lists.
What Hath Fiserv Wrought?

By Robert McGarvey | February 6, 2013

The announcement last month by Fiserv that it would acquire Open Solutions Inc. for roughly $1 billion, most of that in debt assumption, has sent some shivers through the credit union core processing world.
Fiserv Pockets Open Solutions, a Feisty Competitor

By Marc Rapport | January 23, 2013

While Fiserv Inc.’s purchase of Open Solutions Inc. marked the end of an era, it also sparked conversation about how the financial services technology giant will handle the addition of another handful of core account processing platforms to its portfolio.
Innovation, Choice Possible Casualties in Fiserv Buy of Open Solutions

By Kirk Drake | January 22, 2013

Market consolidation of core processing companies is not a good thing for credit unions.
Fiserv Pockets Once Feisty Foe in Open Solutions: Print Preview

By Marc Rapport | January 17, 2013

Get an in-depth look at the Fiserv takeover of Open Solutions in this preview from next week's print edition.
Fiserv Takeover of Open Solutions Good or Bad For Credit Unions?

By Marc Rapport | January 16, 2013

Reaction varied to the news that the Wisconsin-based financial services technology giant had scooped up its debt-ridden former rival.