03:16 PM EDT, 09/29/2025 (MT Newswires) -- Open Text ( OTEX ) and Fiserv, Inc. (FI) were both seeing shares edge slightly higher on Monday after introducing Context Next, a strategic collaboration to deploy AI-driven search and summarization tools across banking and credit union workflows.

The venture will be built on OpenText's Software as a Service (SaaS) platform. The objective is to help financial institutions manage information by moving beyond traditional document repositories to intelligent, automated content workflows, enabling them to streamline operations such as loan processing, deposit handling, and document review using generative AI capabilities.

EVP and CMO Sandy Ono said, "Content Next is not just a repository-it's a catalyst for intelligent work. With embedded AI tools, self-service administration, and customizable role and process-based workspaces, financial institutions can experience faster access to insights and deliver better customer service. From content in context to AI in context, employees can achieve more."

Shares of Open Text ( OTEX ) were last seen up $0.22, or 0.4%, to $52.41 on the Toronto Stock Exchange.

Price: 52.43, Change: +0.24, Percent Change: +0.46