Service Bureau Offering Ensures System Reliability and Uninterrupted
Operations for Clients
BURNABY, BRITISH COLUMBIA, November 23 /CNW/ - As part of its continuing
investment and long-term commitment to Canadian credit unions, Summit
Information Systems, a business unit of Fiserv, Inc. (NASDAQ: FISV), announced
today that Summit Financial Technologies Canada has established a data centre
in Vancouver, BC, and is negotiating for a second data centre to be located in
Toronto by year's end. The data centres are part of Summit's growing
infrastructure to support service bureau and resource management delivery of
iSpectrum, the only banking system built with 21st century Internet standards
exclusively for Canadian credit unions. The technology and design of iSpectrum
offers a level of performance, flexible functionality and efficiency
previously unavailable to Canadian credit unions using service bureau delivery
for their core processing.
With redundant hardware, the Summit Vancouver data centre has no single
point of failure for supporting 24/7 operations and can offer Summit service
bureau clients maximum system availability. The data centre is co-located with
Bell Canada and taps directly into the main Internet pipeline for Western
Canada, delivering the fastest, most reliable service available. Fiber optic
connectivity ensures unparalleled speed, immunity to electrical interference,
and increased data security. The Toronto data centre will function as the
real-time backup and recovery facility for all Summit service bureau and
resource management clients. By locating data centres in different geographic
regions, the Summit service bureau infrastructure provides additional system
redundancy and uninterrupted service.
Summit recently opened its full service operations centre in Burnaby, BC
to run the two data centres and support Summit clients with in-house training,
consulting, installations, product development, and delivery of many
best-of-breed solutions from Fiserv business units.
"These data centres expand the range of personalized services Summit
provides for Canadian credit unions. Summit clients have the latest
technology, fastest data recovery and most reliable online banking system
service in Canada," said Clive Raher, director of the Summit Burnaby operation
centre. "Once fully deployed, the iSpectrum system will be continuously backed
up to the Toronto data centre. In the event of a disaster, the credit union
can use the browser interface to point to a different URL, and their data is
available in seconds. There are no tapes to retrieve or reload. There is
simply no legacy in the iSpectrum system."
"Our Vancouver data centre has the latest, most advanced technology in
place. Our entire way of operating and service delivery is all new," said
Kevin Sparks, president of Summit. "Credit unions know their data is safe and
always available. Between the security features of iSpectrum and the unmatched
reliability of the data centre, credit unions can focus less on data security
and more on meeting their members' financial needs."
About Summit Information Systems and Summit Financial Technologies Canada
For over 25 years Summit Information Systems has served the credit union
industry as a leading provider of advanced technology and business
innovations. The Summit iSpectrum banking system provides Canadian credit
unions the most advanced technology available to help them succeed in today's
competitive financial services industry. Summit Financial Technologies Canada
delivers iSpectrum services and client support via an operations office in
Burnaby, BC and a data centre in Vancouver as part of Fiserv Solutions of
Canada, Inc. Staffed with industry experts, the data centre supports license,
service bureau/ASP and resource management delivery and service options of the
iSpectrum banking system. As part of the Fiserv portfolio of best-of-breed
solution providers, Summit brings to Canada a full suite of Fiserv products
and services that seamlessly integrate with the iSpectrum banking system. For
more information on Summit and iSpectrum, visit www.summitsite.com.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information
management systems and services to the financial and insurance industries.
Leading services include transaction processing, outsourcing, business process
outsourcing (BPO), software and systems solutions. The company serves more
than 18,000 clients worldwide and is the leading provider of core processing
solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the
largest provider of information technology services to the financial services
industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys.
Headquartered in Brookfield, Wis., Fiserv reported more than $4.4 billion in
total revenue for 2006. For more information, please visit www.fiserv.com.
For further information:
For further information: Summit Information Systems Vice President
Marketing Christine Pearsall, 800-937-7500, ext. 6388
firstname.lastname@example.org or Fiserv Assistant Vice President Corp.
External Comm. Lori Stafford, 262-879-5130 email@example.com