Former Open Solutions head man gets top job at major provider of video and audio technology.
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.
Get an in-depth look at the Fiserv takeover of Open Solutions in this preview from next week's print edition.
Core processor sold to financial services giant for $55 million in cash and $960 million in acquired debt.
Many smaller financial institutions have become increasingly disconnected from the way people live today because they continue to operate on outdated technology that hasn’t kept pace with what consumers need.
More than 900 applications have now been downloaded from Open Solutions Inc.’s software application store since the service launched in May 2011, the company said.
Open Solutions Inc. said more than 900 applications have now been downloaded from its DNAapp store since the service launched in May 2011.
Creating and sharing, for sale, its in-house development work has earned the $3.4 billion Redstone Federal Credit Union the 2012 Model Bank Award from research consultancy Celent.
Alabama credit union feted by Celent for use of Open Solutions' DNAapp store to develop and market core platform extensions.
Stanford Federal Credit Union is replacing its 12-year-old core processing system from Open Solutions Inc. with the company’s flagship DNA solution, the company and credit union said.