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Services and Approach / Contract Negotiation

Contract Negotiation Services

Cornerstone's executive-level contract negotiators partner with financial institutions to increase revenue and reduce expenses through negotiation, proprietary industry data, and access to vendor executives. 

Submit the form below to speak to a Cornerstone contracts advisor
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Positioning You to Win at the Negotiation Table

We work alongside financial institutions that are spending too much money and subjecting themselves to unfavorable technology contract terms by entering negotiations with little to no knowledge of market pricing. Our contracts services include negotiating contracts for core, item processing, online/mobile banking, card processing, and more. 

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ANNUAL AVERAGE OF

Vendor Contracts Allowed to Auto-Renew

An institution that allows its contracts to auto-renew at pricing and terms that were written by the vendor is forfeiting valuable cost-saving opportunities. Many auto-renewals include an automatic price increase.

Market pricing for financial technology changes constantly, and trends downward for core processing, digital delivery, payments, and card processing systems.

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ANNUAL AVERAGE OF

Vendor Contracts Allowed to Auto-Renew

An institution that allows its contracts to auto-renew at pricing and terms that were written by the vendor is forfeiting valuable cost-saving opportunities. Many auto-renewals include an automatic price increase.

Market pricing for financial technology changes constantly, and trends downward for core processing, digital delivery, payments, and card processing systems.

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AVERAGE TIME THAT

Financial Institutions Begin Negotiation in Advance of Termination Date

The right timing can help an institution maximize its leverage and execute a fair-priced contract with superior business terms and conditions. 

Experience tells us that most banks and credit unions enter into contract negotiations far too late in the game to put any real fear into the hearts of the vendors.

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Our Commitment to You On Third-Party Contract Negotiation

Working alongside bank and credit union executives for twenty years, we have learned that not all contracts are created equal. 

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New
Contracts

Contract Renewals

Merger Negotiation

Contract Roadmapping

Banking Contracts We Negotiate

Core Banking Systems

Online & Mobile Banking

Loan Origination

Item Processing

Debit & Credit

Card Branding

ATM Maintenance/Cash Delivery

Telecom

(And more)

Who We Negotiate Contracts With

Fiserv Premier

Fiserv DNA

Fiserv Signature

Fiserv Cleartouch

Fiserv FirstData

FIS IBS

FIS Horizon

FIS Bankway

Jack Henry Silverlake

Jack Henry 2020

Jack Henry Symitar

Visa

Mastercard

PSCU

NCR

Q2

Alkami

Kony

(And more)

Negotiating Core Banking System Contracts


Our experts evaluate core banking system vendor contracts every day and deliver market price agreements for our clients.

We tackle RFPs and renewals, negotiating with Fiserv, FIS, Jack Henry, Finastra, and more.

Tackling Ancillary Technology Negotiations

What Clients Say

"We've had great experiences with Cornerstone Advisors. Their professional, knowledgeable, and responsive team has given us the tools to enhance vendor and expense management and execute strategic initiatives more smoothly. We've learned from each engagement and appreciate the unbiased expertise and industry knowledge that Cornerstone brings to the table!"

SVP
Credit Union in The Southwest

"I cannot believe the results we achieved in such a short time frame, and we didn’t need to use a scorched-earth approach to negotiate."

CEO
$15B Regional Institution Operating in The Western Half of the U.S.

"Over the last several years we have achieved material short and long-term savings partnering with Cornerstone Advisors. They take on the heavy lifting and boil decision-making down to a simple choice."

EVP
$35B Regional Institution