Milwaukee-based financial technology company Fiserv recently acquired Lake Mary, Fla.-based operational consulting firm Smith Consulting Group..Financial terms of the deal were not disclosed.The acquisition is intended to strengthen Fiserv’s core banking and advisory capabilities, adding expertise in system conversions, implementations and consultative support for platforms such as DNA, Signature, Bank Intelligence and digital banking solutions.“This acquisition enhances our ability to deliver strategic value to our customers by embedding deeper expertise directly into our service model,” said Andrew Gelb, head of financial solutions at Fiserv. “By bringing more expertise in-house, we’re expanding our ability to advise earlier and deliver smarter solutions.”Smith Consulting Group has worked alongside Fiserv for more than a decade, helping financial institutions navigate operational and technology transformations. Smith Consulting Group Founder and CEO Darren Smith said the partnership will allow clients to “pair our technical acumen and industry expertise with Fiserv’s leading technology platforms to ensure success.”Fiserv, a Fortune 500 company with $14 billion in revenue, provides technology solutions for payments, banking, e-commerce and merchant services worldwide.
