Fiserv upgrades its transaction management and reconciliation solutions

Fiserv launched new versions of its transaction management and reconciliation solutions. The new versions of CheckFree Frontier and CheckFree Frontier Securities are focused on increased efficiency and convenience of use at managing risk by highlighting exceptions in the transaction management and reconciliation process. 

Elizabeth Elkins, general manager of Operational Risk Management of Fiserv, commented on the launch "The latest version of CheckFree Frontier has been developed with an unprecedented level of client feedback and interaction in the product design. The solution increases productivity by allowing users to instantly access the areas requiring immediate review and resolution. Exceptions are categorized and automated transaction management capabilities ensure items with the most risk are identified and resolved quickly and efficiently." Moreover, the systems have been developed by addition of such benefits as: enterprise-wide, real-time graphical view with full transactional drill down capabilities; enhanced exception categorization based on exception type and level of risk, personalized graphical summaries and charts, user driven bookmarks.