Brookfield, Wis., November 17, 2010 - Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that Tom Tobin has joined the company as vice president of Product Development for the Risk and Compliance group. In this role, Tobin will lead the global team responsible for the development of the product portfolio which includes Financial Risk Management, Financial Performance Management, Financial Crime Risk Management and Financial Control Solutions.
Tobin comes to Fiserv from Fidex, an early-stage online lending solution where he served as Chief Technology Officer. Previously, Tobin served as senior vice president of Product Development at Logical Apps with overall responsibility for product management and development. During his tenure at Logical Apps, Tobin played a key role in driving the company's ultimate acquisition by Oracle in November 2007. The Logical Apps portfolio of automated control solutions now serve as a core component of Oracle's comprehensive offerings in the Governance, Risk and Compliance applications market. Tobin also previously served as vice president of development at Peregrine Systems (acquired by Hewlett Packard in 2005), and spent ten years in technology leadership roles at Fair Isaac and HNC Software Inc.
"We are delighted to have Tom join our seasoned senior leadership team," said John Filby, president, Risk and Compliance, Fiserv. "Tom's global industry experience, strong business acumen and ability to translate the value of technology into tangible customer benefit will be instrumental as Fiserv further expands its risk and compliance solution portfolio to address rapidly evolving market needs."
Risk and Compliance represents one of the five core competencies of Fiserv. As a single-source provider, Fiserv offers a unique breadth of solutions to help clients optimize usage and return on capital by making risk transparent and actionable within their organization.
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of information management and electronic commerce systems for the financial services industry, driving innovation that transforms experiences for financial institutions and their customers. Fisrv is ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry. For more information, visit www.fiserv.com.
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