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Fiserv@StoneX Group

StoneX Group Brings Core Processing onto Fiserv

StoneX Group, a financials organization in the United States, uses DNA from Fiserv to support banking operations for operations and product.

Value results

CategoryValue result
ProductivityFewer stalled items because core processing has a clear owner
Risk and complianceDNA is the governed place operations and product use for banking operations
CapabilityNew joiners can see how banking operations actually runs

Story

Inside StoneX Group, banking operations used to depend on whoever still had the latest file. That pattern is common in financials groups working out of the United States. Operations and product needed a system that would still make sense after the original project team moved on.

StoneX Group uses DNA from Fiserv as the working layer for core processing. Fiserv provides financial services technology for banks, credit unions, and merchants, including processing, digital banking, and Clover. The practical change is simple: banking operations has a home, and reviews happen there instead of in a forwarded thread.

Nothing in this writeup invents a savings number. What StoneX Group gets from Fiserv is a durable place to run banking operations and a way for operations and product to see the same core processing at the same time.

Relationship map

StoneX Group uses Fiserv, Google Cloud, SS&C, AWS, Salesforce, Temenos, Anaplan, Zoom. Shared with ABN AMRO, Adyen, Alloy, Ally Financial, Apollo Global Management. Industry: Financials. Value: Productivity, Risk and compliance, Capability. Drag nodes, filter types, or expand a node to follow more commonalities.

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