Fidelity National Information Services
Company Overview: Fidelity National Information Services
Fidelity National Information Services (FIS) is a global leader in financial services technology, serving more than 20,000 institutions in over 130 countries. The company was founded in 1968 as Systematics, Inc., a provider of data processing systems for banks and financial institutions. In 1984, Systematics merged with another company, Alltel Information Services, which led to Alltel Information Services becoming one of the largest providers of financial technology worldwide. In 2004, Fidelity National Financial acquired Alltel Information Services and renamed the company Fidelity National Information Services, or FIS.
FIS has since grown to become one of the largest fintech companies in the world, offering a wide range of solutions for financial institutions, businesses, and consumers. The company provides services such as core processing, digital solutions, payment processing, risk and compliance, and outsourcing solutions.
The founders of Fidelity National Information Services are William P. Foley II and Gary A. Norcross. William P. Foley II is an American businessman and investor who has been the chairman of FIS since its inception. He is also the chairman of Fidelity National Financial, a Fortune 500 company that provides various insurance products and services. Gary A. Norcross is the president and CEO of FIS, a position he has held since 2015. Norcross has been with the company for over 30 years and has played a key role in FIS’s growth and success.
Fidelity National Information Services is headquartered in Jacksonville, Florida. The company’s headquarters is located in the FIS corporate campus, which spans over 130 acres and has over 4,000 employees. In addition to its headquarters in Jacksonville, FIS has offices and operations in cities around the world, including New York, London, Paris, Hong Kong, and Sydney.
Overall, Fidelity National Information Services has a long history of providing innovative technology solutions for the financial services industry. With a strong leadership team and a global presence, the company continues to be a major player in the fintech industry, driving innovation and digital transformation for financial institutions worldwide.
Fidelity National Information Services
Fidelity National Information Services (FIS) is a leading global provider of financial services technology. The company offers a wide range of solutions and services to help financial institutions, businesses, and consumers achieve their goals. With a focus on innovation and technology, FIS is committed to delivering superior results for its clients.
FIS operates in more than 130 countries and serves over 20,000 clients worldwide. The company’s operations encompass a broad spectrum of financial services, including banking, payments, wealth management, and risk management. FIS has built a strong reputation for its expertise in technology solutions that drive financial institutions’ growth and success.
At the core of FIS’s operations is a commitment to delivering exceptional client experiences. The company’s customer-centric approach ensures that clients receive the best solutions and support to meet their unique needs. FIS continues to invest in cutting-edge technology and talent to stay ahead of the rapidly evolving financial services industry.
FIS offers a comprehensive suite of products and solutions that address the diverse needs of its clients. These offerings include software, technology infrastructure, and professional services designed to streamline operations, reduce costs, and improve the overall customer experience.
One of FIS’s flagship products is its core banking platform, which enables financial institutions to manage their operations efficiently and effectively. The company also provides a range of payment processing solutions, including card processing, merchant services, and electronic funds transfer.
In addition to these core offerings, FIS offers a wide array of risk management solutions to help financial institutions mitigate fraud, compliance, and cybersecurity risks. The company also provides wealth management solutions to help financial advisors and institutions deliver personalized investment advice and investment management services.
FIS has a strong focus on innovation and regularly introduces new products and enhancements to address the evolving needs of the financial services industry. The company’s commitment to research and development ensures that its clients have access to the latest technology and solutions to remain competitive in the market.
Relevance in the Field
As a global leader in financial services technology, FIS plays a significant role in shaping the future of the industry. The company’s innovative solutions and deep industry expertise have made it a trusted partner for financial institutions and businesses around the world.
In today’s rapidly evolving financial services landscape, FIS is well-positioned to help financial institutions navigate digital transformation, regulatory changes, and customer expectations. The company’s focus on delivering exceptional client experiences and driving operational efficiencies has made it a preferred choice for financial institutions looking to stay ahead of the competition.
FIS’s relevance in the field is further underscored by its commitment to investing in research and development. The company’s ongoing innovation efforts ensure that it continues to deliver cutting-edge technology solutions that address the most pressing challenges facing the financial services industry.
In addition to its technological advancements, FIS’s deep industry knowledge and global presence give it a unique position to influence the future of financial services. The company’s thought leadership and strategic insights help shape industry standards and contribute to the overall progress and growth of the financial services sector.
FIS is committed to delivering superior value to its clients through a combination of innovation, expertise, and customer-centric solutions. The company’s dedication to continuous improvement and investment in technology and talent enables it to stay at the forefront of the financial services industry.
FIS’s deep industry knowledge and global presence give it a unique perspective on the challenges and opportunities facing financial institutions worldwide. The company continues to leverage this expertise to drive innovation, develop new solutions, and help its clients achieve their business objectives.
In an increasingly digital world, FIS recognizes the importance of cybersecurity and regulatory compliance. The company’s robust security measures and compliance solutions are designed to help financial institutions protect their data and operations while staying in line with regulatory requirements.
Overall, FIS’s insights into the financial services industry, coupled with its commitment to excellence, position the company as a trusted partner for financial institutions looking to succeed in a rapidly changing and competitive landscape.
|Name||Fidelity National Information Services|
|# of Employees||55,000|
|Sector||Financial Services Technology|
|Main Products||Core banking platform, payment processing solutions, risk management solutions, wealth management solutions|
|Revenue||$12.8 billion (2020)|
|Headquarters||Jacksonville, Florida, United States|
|Countries||Operating in over 130 countries|