In today’s marketplace, managing the complex dynamics of loan loss forecasting can be difficult. Many organizations are looking for simple, data-driven tools and procedures to assist them in becoming CECL compliant while making better decisions. As a result, FIS has teamed up with industry professionals to provide the clients with an exclusive, streamlined solution that is simple to use, economical, and completely transparent. FIS is a global leader in providing technology solutions to financial institutions and businesses of all sizes and in all industries. FIS makes it possible for commerce to move by unleashing the financial technology that drives the global economy. Through trusted innovation, system performance, and adaptable design, their people are devoted to improving the way the world pays, banks, and invests. FIS assists clients in utilizing technology in novel ways to address business-critical issues and provide outstanding consumer experiences. FIS is headquartered in Jacksonville, Florida, and is a Fortune 500 and Standard & Poor’s 500 Index company.
Thriving financial systems are necessary for healthy economies. That is why FIS software is used all around the world. Not only do they have a 99.9% uptime, but FIS also handles over half of the world’s wealth and processes $10 trillion yearly. That’s more than the top three competitors put together. FIS is at the core of the global economy’s business and financial activities. They are dedicated to transforming the way the world pays, banks, and invests, serving over 20,000 clients and over one million merchant locations in over 130 countries. FIS is best recognized for its work in the field of financial technology, or FinTech, and it has three main product lines: Merchant Solutions, Banking Solutions, and Capital Market Solutions. FIS processes around 75 billion transactions annually in the service of more than 20,000 clients throughout the world, facilitating the movement of roughly $9 trillion.
FIS has been pushing the boundaries of financial technology and increasing its strength since 1968. That’s why today’s most inventive firms join with FIS to construct distinctive payment, banking, and investing systems that enhance the way they all live, work, and play, from Wall Street to Silicon Valley to areas that have yet to emerge on the global stage. “Our team continues to execute exceptionally well,” said Gary Norcross, FIS Chairman and Chief Executive Officer. We’re successfully leveraging our broad portfolio and global reach to speed innovation. Furthermore, our robust cash flow enabled us to accelerate share buybacks during the third quarter without sacrificing our ability to execute our growth-focused M&A strategy.
Community banks flourish in the markets they serve by cultivating relationships and fostering a feeling of belonging. To remain profitable and relevant to their consumers, companies must rely on a strong core technology partnership to prosper operationally and competitively. FIS has a track record of delivering key core banking services and technology to financial institutions with years of expertise. HORIZON by FIS combines proven banking operations with a modern architecture and experience, with easy navigation and a customer-centric design. Its user-friendly design is browser-independent, making it simple and straightforward to use. It allows consumers to carry their banking business with them wherever they go, from desktop to tablet. “We deliver the triple peaks of innovation, agility and efficiency to you, every day, so you can do the same for your customers. Launch the products and services your consumers want, offer a vast array of payment options to meet their needs, and provide ongoing and effective support – All the time driving that all-important loyalty to your brand.”
The scalable Integrated Banking Solution platform, built on the strength of FIS, enables growth-oriented financial institutions to make data-driven choices and develop next-generation solutions that satisfy client expectations and outperform the competition. Reduce the complexity, hazards, expenses, and time to market for third-party integrations and new product developments by managing banking activities across all channels (from mobile to ATM to branch). Our strategy continues to resonate with our clients and prospects, and our team continues to execute at an exceptionally high level. “Our ability to develop flexible, new technologies and to deliver differentiated customer experiences continues to drive strong value for our clients,” adds Norcross. Our strategy continues to resonate with our clients and prospects, and our team continues to execute at an exceptionally high level. “Our ability to develop flexible, new technologies and to deliver differentiated customer experiences continues to drive strong value for our clients,” concludes Norcross.