Information management systems provider Fiserv claims it has increased its insurance technology capabilities through the acquisition of certain assets of CT Insurance Services and CCH Wall Street, two product lines of Wolters Kluwer Financial Services.
The acquisitions are expected to add comprehensive online application capabilities for insurance licensing and securities registration, along with extensive NASD exam preparation courses to Fiserv’s suite of products.
The web-based systems from CT Insurance Services are said to capture data at the origination point, allowing the filer to prepare and submit licensing and registration filings electronically, improving speed of delivery of vital information. The Financial Training solutions from CCH Wall Street are said to provide NASD Exam preparation, including an interactive virtual learning environment, and self-study solutions.
Yabuki, Fiserv’s president, said, Fiserv has always been committed to providing our clients with best-in-class technology when it comes to automating processes and offering end-to-end solutions, and this acquisition reinforces that commitment. We’re excited to be able to expand our capabilities through inclusion of technology such as Xchange and the Financial Training product line, and we look forward to providing enhanced capabilities to both current and future Fiserv clients.