Caja Morelia Valladolid general manager David Martinez said that addition of the new account processing system will enable it to offer bespoke services, while complying with the local regulations.
"Also, the level of integration across Fiserv solutions will allow our organization to grow as we achieve a higher level of efficiency and potentially reduce total cost of ownership and processing times," Martinez added.
The account processing system Signature is a real-time, multi-lingual, multi-currency, integrated account processing platform for financial institutions, supporting a number of deposit and lending products.
The company has also picked up technologies that include, Aperio online account opening, Teller branch management, AML Manager and Fraud Risk Manager-for risk mitigation and fraud prevention, and Frontier reconciliation management.
Managing $235m in assets, the finance cooperative company serves 335,000 members, through a network of 70 branches in the country.
Fiserv offers payments, processing services, risk and compliance, customer and channel management, as well as business insights and optimization to financial services industry.
