Information Technology

Payments, Processing and Information Services

Our Payments, Processing and Information Services focuses on small- and mid-cap companies that provide three product sets: core processing, bank channel and payment processing solutions, and commercial real estate information services. As larger players continue to look for new organic and recurring growth in the U.S. and internationally and smaller, specialized players continue to provide the best-of-breed solutions demanded by many customers, we expect vendors to focus on potential consolidation/integration of recent acquisitions, payments/recurring revenue and working through demand cycles. We think the bank technology and data services industry is attractive because of its potential for recurring revenue, margin improvement/economies of scale, secular trends driving areas of impressive growth and attractive cash flows.

Analysts:
Brett Huff: Bio
 Associates:
John Campbell: Bio

Companies

ACI Worldwide, Inc.Bottomline Technologies, Inc.CoStar Group, Inc.
Fidelity National Information Services, Inc.Fiserv, Inc.Global Payments Inc.
Heartland Payment Systems, Inc.Jack Henry & Associates, Inc.LoopNet, Inc.
Official Payments, Inc.Online Resources Corp.S1 Corporation
Total System Services
Payments, Processing, and Information Services - Comparative Valuation (02/06/2012)
Payments, Processing, and Information Services - Comparative Valuation (01/30/2012)
Payments, Processing, and Information Services - Comparative Valuation (01/23/2012)
Payments, Processing, and Information Services - Comparative Valuation (01/17/2012)
Payments, Processing, and Information Services - Comparative Valuation (01/09/2012)
Payments, Processing, and Information Services - Comparative Valuation (01/03/2012)
Payments, Processing, and Information Services - Comparative Valuation (12/27/2011)
Payments, Processing, and Information Services - Comparative Valuation (12/19/2011)
Payments, Processing, and Information Services - Comparative Valuation (12/12/2011)
Payments, Processing, and Information Services - Comparative Valuation (12/05/2011)
Payments, Processing, and Information Services - Comparative Valuation (11/28/2011)
Payments, Processing, and Information Services - Comparative Valuation (11/21/2011)
Payments, Processing, and Information Services - Comparative Valuation (11/14/2011)
Payments, Processing, and Information Services - Comparative Valuation (11/07/2011)
Payments, Processing, and Information Services - Comparative Valuation (10/31/2011)
Expect Good Quarters from Core Processors; Like FISV Best Near Term (10/31/2011)
Payments, Processing, and Information Services - Comparative Valuation (10/24/2011)
Payments, Processing, and Information Services - Comparative Valuation (10/17/2011)
Payments, Processing, and Information Services - Comparative Valuation (10/03/2011)
Payments, Processing, and Information Services - Comparative Valuation (09/26/2011)
Payments, Processing, and Information Services - Comparative Valuation (09/19/2011)
Payments, Processing, and Information Services - Comparative Valuation (09/12/2011)
Payments, Processing, and Information Services - Comparative Valuation (09/06/2011)
Payments, Processing, and Information Services - Comparative Valuation (08/29/2011)
Payments, Processing, and Information Services - Comparative Valuation (08/29/2011)
Payments, Processing, and Information Services - Comparative Valuation (08/22/2011)
More Bullish on Core Processors After Field Trip Visits (08/17/2011)
Payments, Processing, and Information Services - Comparative Valuation (08/15/2011)
Payments, Processing, and Information Services - Comparative Valuation (08/08/2011)
Core Processing Institutional Investor Field Trip (08/04/2011)
Payments, Processing, and Information Services - Comparative Valuation (08/01/2011)
Payments, Processing, and Information Services - Comparative Valuation (07/25/2011)
Payments, Processing, and Information Services (07/18/2011)
Comparative Valuation (07/11/2011)
Payments, Processing, and Information Services - Comparative Valuation (07/05/2011)
Core Processing Institutional Investor Field Trip (07/05/2011)
Payments, Processing, and Information Services - Comparative Valuation (07/05/2011)
Payments, Processing, and Information Services - Comparative Valuation (06/27/2011)
Comparative Valuation (06/20/2011)
Payments, Processing, and Information Services - Comparative Valuation (06/14/2011)
Payments, Processing, and Information Services – Comparative Valuation (06/06/2011)
Payments, Processing, and Information Technology -- Comparative Valuation (05/31/2011)
Comparative Valuation (03/15/2011)
Comparative Valuation (01/03/2011)
Comparative Valuation (12/13/2010)
Comparative Valuation (11/29/2010)
Comparative Valuation (11/16/2010)
Comparative Valuation (11/08/2010)
Comparative Valuation (10/18/2010)
Comparative Valuation (10/04/2010)
Comparative Valuation (09/20/2010)
Comparative Valuation (09/07/2010)
Comparative Valuation (08/23/2010)
Comparative Valuation (08/16/2010)
Comparative Valuation (08/09/2010)
Comparative Valuation (07/19/2010)
Core Processing Institutional Investor Trip (07/07/2010)
Comparative Valuation (07/06/2010)
Comparative Valuation (06/21/2010)
Comparative Valuation (06/03/2010)
Comparative Valuation (05/10/2010)
Comparative Valuation (04/26/2010)
Comparative Valuation (04/12/2010)
Comparative Valuation (03/29/2010)
Comparative Valuation (03/15/2010)
Comparative Valuation (03/02/2010)
Comparative Valuation (02/08/2010)
Comparative Valuation (01/19/2010)
Comparative Valuation (01/12/2010)