Broadridge Investor Relations
2006 News Releases
ADP and FIS Join Forces to Launch ProVisor2Go for BlackBerry
NEW YORK, New York -- May 8, 2006 -- ADP Brokerage Services Group (ADP), a division of Automatic Data Processing, Inc. (NYSE: ADP), and Fidelity National Information Services (NYSE: FIS) today announced the formation of a strategic partnership to offer secure wireless access to ADP's ProVisor® broker desktop critical sales, productivity, and account servicing tools for financial professionals.
The joint solution, called ProVisor2Go, is based on ADP's comprehensive, multi-functional ProVisor broker desktop application powered by the FIS wireless wealth management platform. For use with the BlackBerry Enterprise Solution(TM) from Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM), ProVisor To Go provides ADP clients with a mobilized version of the ProVisor desktop application that users rely on while in the office.
Driven with data from ADP's BPS Advantage relational database, ProVisor2Go provides a turnkey, cost-effective solution for ADP clients who want to extend mobile services to their retail advisors. With wireless access to critical portfolio information -- including real-time tax lot updates and contact management capabilities -- integrated with real-time market data, advisors can stay on top of the markets and in control of accounts to provide a greater level of service to more clients.
"We are excited to be working with FIS to introduce ProVisor2Go, a value- added solution and natural extension of our existing retail brokerage offering," said Charlie Marchesani, General Manager, ADP Brokerage Processing Services. "We believe this innovative new product will enable ADP's clients to attract and retain advisors, boost productivity, and enhance customer satisfaction."
"Our vision has always been to provide fast, cost-effective access to wireless wealth management," said Gordon Conlin, Managing Director of FIS. "By teaming with ADP, the dominant back-office solution provider, FIS gains a strategic sales channel and can utilize a single installation of the solution across all financial institutions that use ADP back-office services. With ProVisor2Go, ADP clients can leverage existing technology investments and extend access to critical information wirelessly."
About ADP Brokerage Services Group
As the premier provider of transaction services to the financial industry, ADP has the capacity and technological expertise to assist its clients in differentiating themselves in the marketplace. ADP brings to financial intermediaries advanced, integrated systems for securities processing, desktop productivity and investor communication services, all focused on providing solutions for straight through processing and World Class service.
ADP, with over $8 billion in revenues and more than 600,000 clients worldwide, is one of the largest providers of a broad range of premier, mission-critical, cost-effective transaction processing and information-based business solutions. For more information about ADP Brokerage Services Group, please visit http://www.bsg.adp.com and for other ADP services and investor information, please visit http://www.adp.com.
About Fidelity National Information Services, Inc.
Fidelity National Information Services, Inc. is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top ten. Nearly 50 percent of all U.S. residential mortgages are processed using FIS software. Headquartered in Jacksonville, Florida, FIS maintains a strong global presence, serving over 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit http://www.fidelityinfoservices.com.
FIS is a majority-owned subsidiary of Fidelity National Financial Inc. (NYSE: FNF), number 248 on the Fortune 500 and a provider of outsourced products and services to a variety of industries. More information about FNF can be found at http://www.fnf.com.
This press release contains statements related to future events and expectations and, as such, constitutes forward-looking statements. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company to be different from those expressed or implied above. The Company expressly disclaims any duty to update or revise forward- looking statements. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to, the effect of governmental regulations, the economy, competition and other risks detailed from time to time in the "Management's Discussion and Analysis" section of the Company's Form 10-K and other reports and filings with the Securities and Exchange Commission.
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited.
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