Fiserv renews partnership with Celero

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Financial services technology solutions provider Fiserv renewed its partnership with Celero, a provider of IT solutions to financial institutions across Canada.

Fiserv said its DNA account processing platform will continue to be the core account processing foundation for Celero’s 84 credit union and other financial institution clients in Alberta, Saskatchewan and Manitoba.

“Financial institutions are looking for IT solutions to meet the challenges of delivering competitive services to address a diverse range of customer needs,” said Bob Reczka, Chief Executive Officer, Celero.

“This new agreement enables us to meet client needs by combining the proven and flexible DNA technology with a development strategy focused on enhancing the value of DNA for our clients.”

The seven-year agreement includes joint software development projects in addition to the IT outsourcing and business services that Celero provides. It follows a 10-year agreement signed in 2005.

“We look forward to building on the strong alliance we’ve established over the years to support financial institutions in Canada with DNA and other market-leading solutions from Fiserv,” said Steve Cameron, president, Open Solutions, Fiserv.

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