Association for Financial Professionals and Fiserv CBS Worldwide Announce Licensing Agreement to Provide 2004 AFP Service Codes

BETHESDA, MD — MARCH 22, 2004 – The Association for Financial Professionals (AFP) and Fiserv CBS Worldwide announced that they have reached an agreement that will allow CBS Worldwide to include the 2004 AFP Service Codes in its CAMplus (Commercial Analysis Module) product.

The AFP Service Codes, formerly the TMA Service Codes, are the industry standard for identifying balances and service charges that appear on bank account analysis statements.

By providing the AFP Service Codes to its CAMplus customers, CBS Worldwide will help these financial institutions compete for commercial banking customers, which often require account analysis statements to manage their complex banking relationships. In addition to the information that will be embedded in the CAMplus application, all CAMplus customers will receive the 2004 AFP Service Codes CD-ROM, which includes a searchable glossary of AFP Service Codes. CBS Worldwide is the only provider of account analysis software that is licensed to include the AFP Service Codes in its applications.

“We are pleased that an industry-leading organization like Fiserv CBS Worldwide recognizes the value the AFP Service Codes can provide in managing commercial banking relationships,” AFP President and CEO Jim Kaitz said. “By including these codes in its software, CBS Worldwide has demonstrated its commitment to helping financial institutions meet the needs of business customers.”

CAMplus was introduced on January 1, 2004. The module enables financial institutions to define competitive analysis service charge products. These products feature extensive service tracking, exclusive fee pricing options and unique waive rule criteria. Equipped with the latest commercial analysis features for combined relationship pricing and analysis, this module complies with the AFP standard for analysis service tracking and statement format.

CAMplus options for repricing or discounting at the account level offer the necessary features to retain clients and accommodate special client requests. Service charge modeling components are included for “what if” analysis of pricing changes on existing account sets (using actual account service activity) and for potential customers, enabling preparation of a prospect analysis statement. CAMplus is fully integrated with the CBS product.

According to Greg Green, COO for Fiserv CBS Worldwide, the product represents the close relationship the company enjoys with its clients, and, as such, is a high priority.

“We developed CAMplus with a number of our clients through our Joint Application Development program and, therefore, it is a product that is very important to us. The inclusion of the AFP Service Codes will create more value for our clients and give them more and critical information in managing their customer relationships,” Green said.

The Association for Financial Professionals in Bethesda, Maryland, supports more than 14,000 individual members from a wide range of industries through all stages of their careers in treasury and financial management. AFP is the preferred resource for financial professionals for continuing education, financial tools and publications, career development, certification, research, representation to legislators and regulators and the development of industry standards.

CBS Worldwide is a unit of Fiserv, Inc. and is a leading financial information systems provider serving the global marketplace. More than 200 commercial banks, private banks, finance houses, building societies, credit unions, thrifts and diversified financial companies use Fiserv CBS technology. Fiserv CBS Worldwide is on the Internet at www.fiservcbs.com.

Fiserv, Inc. (Nasdaq: FISV) provides industry leading information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing, and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com.

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