Security First Technologies Corp. has renewed its contract with Fiserv Inc. for an additional five years.
Fiserv licenses and operates the Security First Technologies Virtual Financial Manager system for more than 60 financial institutions, ranging in asset size from $5 million to more than $20 billion.
Virtual Financial Manager lets institutions offer a broad range of financial products and services through one platform. Its architecture allows for the integration of proprietary and other third-party software.
In early October, Security First disclosed that all its direct financial institution customers had been converted to version 4.0 of Virtual Financial Manager, which features on-line banking, investments, customer care, and relationship management functions.