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The Information Technology 100

84

Fiserv

With banks, credit unions, insurance firms, and others pumping out billions of transactions each year, information-management company Fiserv is becoming their back office. Processing checks and insurance claims, plus helping run health plans, pushed revenues at the Brookfield (Wisc.)-based company up 20.5% last year. It added additional overseas bank clients, landing deals in three of Australia's four largest banks, and beefed up, with acquisitions of IT firms in the insurance and pharmacy benefit management segments. Fiserv Chief Executive Leslie Muma is also bringing the company into new industries. This year, he bought Del Mar Database as part of an expansion plan to automate the back office of mortgage brokers and lenders. A still-hot housing market could add a bunch more transactions to Fiservís processing basket.

Company Info

STOCK INFO FISV
Revenues* $3.8 BILLION
Revenue Growth 20.5%
Return on Equity 17.0%
Total Return13.9%
Profits* $438.8 MILLION
Industry SERVICES
CORPORATE WEB SITE
All figures are for the most recent available 12 months.

* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.


Data provided by Standard & Poor's Compustat, BusinessWeek

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Company Snapshot

Fiserv Inc. provides integrated data processing and information management systems to financial services providers, insurance companies and agents, self-insured employers, leasing companies, mortgage lenders, and savings institutions in the United States and internationally. It operates in three segments: The financial institution outsourcing, systems, and services segment provides account and transaction processing systems and services to financial institutions and other financial intermediaries; the health plan management services segment provides services to employers who self-fund their health plan, including services, such as handling payments to health-care providers, plan design services, medical provider administration, and other related services; and the securities processing and trust services segment provides securities processing products and services, and retirement plan administration services to brokerage firms, investment advisers, and financial institutions. Fiserv also provides plastic card issuance, design, personalization, and mailing services; and document management products. The company was formed in 1984 and is headquartered in Brookfield, Wis.

No. of Employees

22,000


Data provided by Capital IQ
Leslie M. Muma

Leslie M. Muma

AGE: 60

Titles

President and Chief Executive Officer

CEO Bio >

Total Compensation*

$ 1.6 MILLION

Total Value of Options**

$ 34.9 MILLION

Degrees Held

NA

* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year

Key Executives

Leslie M. Muma, Kenneth R. Jensen, Norman J. Balthasar, Robert H. Beriault, James W. Cox, Douglas J. Craft, Mark J. Damico, Patrick C. Foy, Michael D. Gantt, Thomas A. Neill, James C. Puzniak, Dean C. Schmelzer, Charles W. Sprague, Terence R. Wade

Board Members

Leslie M. Muma, Donald F. Dillon, Gerald J. Levy, Glenn M. Renwick, Daniel P. Kearney, L. William Seidman, Kenneth R. Jensen, Kim M. Robak, Thomas C. Wertheimer


Data provided by Capital IQ
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