Fiserv Inc. has signed Huntington State Bank ($240 million in assets) for its Precision bank platform to provide an enterprise-wide technology.
According to a news release, Huntington chose in-house processing on the Precision platform, as well as a host of value-added solutions that will streamline the bank's operations and enhance customer service. The solutions include Internet Banking, Director, Integrated Teller and Cash Management for Precision, in addition to WireXchange. Huntington also plans to deploy Business Process Manager to improve workflow processes for future expansion.
Ken Marshall, chief executive of Huntington State Bank, says the bank's growth necessitated the need for a more inclusive enterprise-management solution:
We've experienced substantial growth over the past 40 years, and we needed a system that can grow with us as that pattern continues. The Precision platform's scalability is a perfect fit for our bank, which has nearly tripled its asset size in just 12 years. We have ambitious plans for continued growth, and Fiserv can help us keep moving forward.
Huntington executives cited the ease and availability of continuous education and training from Fiserv as important reasons for its change to Precision. Huntington will employ online education, on-site training and self-help portals, all available from Fiserv.
