Back to top

Analyst Blog

Recently, Fiserv, Inc. (FISV - Analyst Report) declared that its LoanServ solution has been adopted by BSI Financial Services (BSI). The company’s LoanServ solution is mainly used in managing the entire loan processing services, which include integrated default management as well as compilations, cashiering, escrow and accounting of investors. The institution has selected Fiserv given its highly developed platform with flexible, scalable and advanced solutions.

Headquartered in Irving, Texas, BSI Financial engages in supplying business process outsourcing solutions, providing various services including mortgage subservicing, default management, loss mitigation, due diligence, Real Estate Owned (REO) and quality control solutions. With the introduction of LoanServ in its product profile, BSI Financial will be able to modify its sub- services with improved default management solutions and it will easily fulfill the requirement of its clients.

The company expressed its enthusiasm regarding the contract by stating that it will strengthen its LoanServ service platform. Fiserv’s solution would help BSI Financial to ameliorate its service standards and cater to growth potentials in the market.

Various strategic contract wins hold future pledge for Fiserv. The company confirmed winning a bunch of contracts from various financial institutions during 2012. Recently, the company entered into a multi-year contract with Trustmark National Bank, a unit of Trustmark Corporation. With the agreement, the bank has extended its long-term association with Fiserv.

However, the company’s financial segment faces a huge competition from various big companies including Mastercard Incorporated (MA - Analyst Report) and Fidelity National Information Services, Inc. (FIS - Analyst Report). VW Credit, Inc. (VCI) recently adopted Fidelity’s AutoSuite automotive solution for its North American loan and lease processing. Hence, the company has to be extra cautious of competitive strides in the industry.

The current Zacks Consensus Estimates for Fiserv, Inc. are $1.42 and $5.17 for the fourth quarter of 2012 and for 2012, respectively. The estimates represent a year-over-year growth of 12.1% for the third quarter and 12.9% for 2012. We currently have a long-term ‘Neutral’ recommendation for Fiserv. The stock carries a Zacks #3 Rank, which translates into a short-term ‘Hold’ rating.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%