Fiserv Inc. continued its string of recent signings for itsAcumen account processing platform, this time the $879 millionNorthrop Grumman Federal Credit Union in Gardena, Calif.

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The 49,600-member credit union, which operates 17 branches insix states, cited modern architecture and workflow processes thatwould allow better management of decentralized operations in itsdecision announced Monday.

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“When we evaluated Acumen, it was evident that its intelligentdesign would deliver a higher level of business agility to help usmove more quickly to adapt to market changes and update ouroperations,” Matt Herbert, president and chief operating officer atNorthrop Grumman FCU, said in the announcement.

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Northrop Grumman also chose document imaging, accounting andasset liability management solutions from Fiserv. The credit unioncurrently is on a Fiserv Spectrum platform, as were several of itsother recent signings.

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The Acumen solution was introduced to the U.S. market in late 2009 after it wasdeveloped in Canada under the iSpectrum name. The first U.S.commitment was from the $522 million Christian Community CU in San Dimas, Calif., in early 2010.

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More than 30 credit unions have now committed to Acumen, andmore signings are expected to be announced soon as the flagshipplatform continues to gain traction, said Mark Sievewright,president of Fiserv's Credit Union Division.

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“We're seeing a very healthy mix of existing and newFiserv clients for Acumen, and it's not a cannibalization effort byFiserv,” Sievewright said Monday in an interview with Credit UnionTimes.

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“Acumen, from the core processing point of view, is the largestsingle investment we've made as a company, but it doesn't mean theother solutions are any less important. We have over 2,000 clientsusing these and we have solutions for all types of credit unions,”he said.

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“And from the technology point of view, each of theseconversions are different and are very complex, so whether it's alongtime Fiserv client or someone coming to us from anothercompany, we're building up a new knowledge base from theseconversions and it's going to be very positive for us,” Sievewrightsaid.

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