EXHIBIT 99
                              
                           BHC FINANCIAL, INC.     
   
PROXY     
   
The undersigned hereby appoints Lawrence E. Donato and Robert B. Kaplan the
proxies of the undersigned, each with power to act alone and with power of
substitution and with discretionary authority to vote for the Company adoption
of an Agreement and Plan of Merger (the "Merger Agreement") among Fiserv, Inc,
Fiserv Delaware Sub, Inc., a wholly owned subsidiary of Fiserv, and BHC
Financial, Inc. to represent and to vote at the Special Meeting of
Stockholders of BHC Financial, Inc. to be held at the offices of BHC
Financial, Inc., located at One Commerce Square, 2005 Market Street in
Philadelphia, Pennsylvania on May 23, 1997 at 9:30 A.M., or at any adjournment
thereof, the shares of stock of the Company which the undersigned would be
entitled to vote if then personally present, as indicated hereon, and in their
discretion upon such other business as may come before the meeting, all as set
forth in the notice of the meeting and in the proxy statement/prospectus
furnished herewith.     
   
THIS PROXY IS SOLICITED BY THE BOARD OF DIRECTORS. MANAGEMENT RECOMMENDS A
VOTE FOR THE ADOPTION OF THE MERGER AGREEMENT.     
   
The shares represented hereby will be voted in accordance with the
specification made on the reverse side or, IF NO SPECIFICATION IS MADE, THEY
WILL BE VOTED FOR THE ADOPTION OF THE MERGER AGREEMENT.     
                
             (PLEASE FILL IN, SIGN AND DATE ON REVERSE SIDE)     
 
                         (CONTINUED FROM REVERSE SIDE)
       
   
  1. Adoption of the Merger Agreement:     
                                                                   
  FOR                           AGAINST                       ABSTAIN         
   
  THIS PROXY WILL BE VOTED AS DIRECTED, BUT IF NO DIRECTION IS INDICATED, THE
PROXY WILL BE VOTED "FOR" PROPOSAL 1.     
                                                                              
                                                         PLEASE MARK ALL      
                                                         CHOICES LIKE THIS [X]
                                                                               
_________________                _____________                                 
                                  
ACCOUNT NUMBER                    SHARES                                       
                    
SIGNATURE                                                DATE       , 1997 

SIGNATURE                                                DATE       , 1997     
   
  PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR HEREON. WHERE MORE THAN ONE
OWNER IS SHOWN, EACH SHOULD SIGN. PERSONS SIGNING IN A FIDUCIARY OR
REPRESENTATIVE CAPACITY SHOULD GIVE FULL TITLE. IF THIS PROXY IS SUBMITTED BY
A CORPORATION, PLEASE SIGN IN FULL CORPORATE NAME BY AN AUTHORIZED OFFICER. IF
A PARTNERSHIP, PLEASE SIGN IN PARTNERSHIP NAME BY AUTHORIZED PERSON.     
 
      PLEASE SIGN, DATE AND RETURN IN THE ENCLOSED POSTAGE PAID ENVELOPE.