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Fidelity National Information Services
Fidelity National Information Services

Financial services / Financial technology and services

At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview
Fidelity National Information Services (FIS) is an American financial services technology company, headquartered in Jacksonville, Florida. It offers a wide range of solutions and services to financial institutions, including payment processing, software solutions, risk management, and consulting services. The company operates in over 130 countries and serves more than 20,000 clients worldwide.
Founded in 1968 as Systematics Inc., FIS has grown through numerous acquisitions and mergers over the years. In 2003, the company was acquired by Fidelity National Financial (now Fidelity National Financial Ventures), a leading provider of title insurance and mortgage services. In 2006, FIS was spun off as a separate public company and has since become one of the largest technology and services providers in the financial industry, with annual revenues of over $12 billion.
FIS has a diverse range of clients, including banks, credit unions, insurance companies, retailers, government agencies, and other financial institutions. The company offers a variety of solutions and services, including core banking platforms, digital and mobile banking, card and payment systems, risk management, wealth management, and consulting services.
FIS has a strong reputation for innovation and has won numerous awards and accolades for its technology and services. It is committed to providing secure, reliable, and efficient solutions to help financial institutions grow and succeed in the rapidly changing digital landscape.
What is special about the company?
1. Global Presence: Fidelity National Information Services (FIS) is a leading global financial technology company, with operations in more than 100 countries and serving over 20,000 clients worldwide.
2. Industry Leader: FIS is a Fortune 500 company and a recognized leader in financial services technology, consistently ranking in the top 15 of the FinTech 100 list.
3. Diverse Offerings: The company offers a wide range of solutions and products for financial institutions, including core banking and payments, digital and mobile solutions, risk and compliance, and wealth management.
4. Innovation and Technology: FIS invests heavily in research and development to stay at the forefront of technology, including artificial intelligence, blockchain, and cloud computing.
5. Customer Focus: FIS is committed to providing excellent customer service and has a dedicated customer support team to help its clients maximize the value of their technology investments.
6. Strong Partnerships: FIS partners with major players in the financial industry, including banks, fintech firms, and other technology companies, to provide comprehensive solutions for its clients.
7. Financial Strength: With over $10 billion in annual revenue and a market cap of over $90 billion, FIS is a financially strong company with a stable track record.
8. Corporate Social Responsibility: FIS is committed to making a positive impact in the communities where it operates and has various initiatives focused on corporate social responsibility, such as promoting diversity and inclusion and supporting environmental sustainability.
9. Employee Development: FIS values its employees and provides opportunities for growth and development through training programs, mentoring, and other resources.
10. Awards and Accolades: FIS has received numerous awards and accolades for its products, services, and corporate culture, including being named one of the World's Most Admired Companies by Fortune and one of the Best Places to Work in IT by Computerworld.
What the company's business model?
The Fidelity National Information Services (FIS) company's business model is based on providing a wide range of technology solutions and outsourcing services to financial institutions, merchants, and other businesses in the global financial services industry. This includes services such as core processing, digital banking, payment processing, risk management, and compliance. FIS also offers consulting and professional services, as well as software and hardware products. Their revenue is generated through fees and transaction-based processing charges for their products and services. FIS also focuses on developing and acquiring new technology solutions to expand their offerings and maintain a competitive edge.
Interesting facts about the company
1. Fidelity National Information Services (FIS) is a Fortune 500 company and one of the largest global providers of financial technology solutions.
2. The company was founded in 1968 as Systematics Inc., a data processing company for banks.
3. FIS is headquartered in Jacksonville, Florida and has a presence in over 130 countries, serving more than 20,000 clients.
4. FIS offers a wide range of solutions and services for the banking and financial services industry, including payment processing, risk management, outsourcing, and consulting.
5. In 2009, FIS acquired Metavante Technologies Inc., a leading provider of banking and payments technology, for $2.9 billion. This acquisition helped FIS become one of the largest providers of financial technology in the world.
6. In 2015, FIS acquired SunGard, a provider of software and technology services for financial institutions, for $9.1 billion, making it one of the largest acquisitions in the financial technology industry.
7. FIS has been named one of the World’s Most Admired Companies by Fortune magazine for eight consecutive years, and has received numerous awards and recognition for its technology solutions and services.
8. In 2019, FIS was ranked #1 among financial technology providers by IDC Financial Insights.
9. FIS is committed to diversity and inclusion, with a diverse workforce that includes employees from over 60 countries.
10. The company has a strong focus on corporate social responsibility and has initiatives in place for environmental sustainability, community engagement, and ethical business practices.
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