Personal financial management tools made available for Corillian online banking users.

• Position: NEW PRODUCTS

NEW PERSONAL FINANCIAL MANAGEMENT TOOLS designed to meet the needs of everyday online banking users have been added to Corillian[R] Online, according to the provider, Fiserv Inc., Brookfield, Wisc.

The service, which already unites bank account information and transactional features such as money movement within a single screen, will now include a financial management page that includes customizable budgeting tools and spending overviews. Many of the new tools are automated, requiring little ongoing input of information and enabling consumers to incorporate into their regular online banking routine, the provider says.

The new features can be previewed at www.corillianonline.fiserv.com.

The personal financial management tools were designed to provide the right level of detail without overwhelming users, according to Erich Litch, senior vice president and general manager, Consumer Services, Fiserv. "Most people don't want to spend hours scrutinizing receipts and itemizing transactions, they just want to quickly see where they stand and then take action based on those insights."

Corillian Online integrates online banking with money movement and personal financial management (PFM) and budgeting tools, providing consumers with actionable insight, the provider says. Consumers do not need to leave the bank site to make payments or transfers, allowing them to be more proactive about how they manage their finances.

The enhanced features within Corillian Online include:

Customizable Budgeting

Tools. Personalized budgeting tools allow consumers to add budget categories to reflect their spending habits. Consumers can add categories such as...