Butterfield Bank Selects Fiserv to Create a Global Reconciliation Platform
The Bank of N.T. Butterfield & Son Limited (Butterfield), Bermuda’s largest independent bank, has selected the Frontier Securities solution from Fiserv to create an enterprise reconciliation platform to address the bank’s global financial control needs.
The solution will replace multiple legacy systems and manual processes. This centralised financial control framework will initially be deployed across Butterfield operations in Bermuda, Barbados, Cayman Islands and Guernsey with the bank’s remaining jurisdictions covered in later phases.
Butterfield’s head office in Bermuda has been in a technology partnership with Fiserv since 1999.