Fiserv Inc., a provider of information management systems to theinsurance and financial industries, said today it has acquired theadvisory firm BancIntelligence.

The Brookfield, Wis.-based company did not disclose the price ofits purchase.

Fiserv describes Atlanta-based BancIntelligence as the onlyonline advisory solution for financial institutions, providingautomated analysis and Web-based strategy development. The acquiredfirm is said to have more than 500 clients in 49 states.

BancIntelligence, founded in 2000, provides banks with onlineaccess to bank financial and market analysis.

Fiserv said the BancIntelligence operation helps banks allocateresources to optimize profitability and franchise growth. Thecombination of the online analysis tools with expertise deliveredvia the Web by BancIntelligence's senior bank strategists is “anunprecedented, scalable model for the delivery of advisory servicesto financial institutions,” according to Fiserv.

“The expertise that BancIntelligence provides is a great fitinto our mission of enabling best-in-class results for ourclients,” said Norm Balthasar, Fiserv senior executive vicepresident and chief operating officer. “Integrating theircapabilities into our solution set will further differentiateFiserv in the competitive landscape.”

Fiserv said BancIntelligence founder Steve Cotton and thecompany's management team will remain with the BancIntelligencebusiness as it moves to Fiserv.

A spokesperson for Fiserv, Lori Stafford, said BancIntelligencewill continue its presence in Atlanta for the time being and nodecision has been made on a physical location for the company. Shesaid it has less than 40 employees.

Mr. Cotton, founder, president and CEO of BancIntelligence, saidin a statement his company “is delighted to become part of Fiserv.This combination will advance our client reach, accelerate productdevelopment and expand our base of recommended solutions.”

“Given the scale of Fiserv's client base we see significantopportunities to help many more clients enhance their ability toboth plan and compete most effectively through our tools andadvice,” added Mr. Cotton.

Fiserv provides information management systems and servicesinclude transaction processing, outsourcing, business processoutsourcing (BPO), software and systems solutions. The company saidit serves more than 18,000 clients worldwide. Fiserv reported morethan $4.4 billion in total revenue for 2006.