Chartis Names FIS as Category Leader for Energy Trading and Risk Management Solutions

Rhea-AI Summary

FIS has been recognized as a category leader in energy trading and risk management solutions by Chartis Research. The report highlights FIS for its best-in-class offerings in risk and asset class coverage, regulatory reporting, and contract management. With growing demand for advanced technology in volatile energy markets, FIS' solutions are noted for their comprehensive coverage of asset classes and risk capabilities. This marks FIS' sixth consecutive year ranking first in the Chartis RiskTech100.

Positive

• FIS named a category leader by Chartis for energy trading and risk management solutions.
• Ranked best-in-class for risk and asset class coverage, regulatory reporting, and contract management.
• Recognition validates significant investments in cloud-enablement and platform modernization.

Negative

• None.

Key facts:

• FIS has been rated by Chartis as a category leader among vendors that provide energy trading and risk management solutions.
• FIS ranked best-in-class for risk and asset class coverage, regulatory and management reporting, and contract management and analytics.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Financial technology leader FIS^® (NYSE: FIS) has been named a category leader for its energy trading and risk management solutions by leading industry research house Chartis Research.

Chartis placed FIS as a “Category Leader” in its new report, “Energy Risk: ETRM Systems, 2021; Market Update and Vendor Landscape.” Vendors are assessed according to the completeness of their offerings as well as their market potential. FIS’ solutions were recognized as best-in-class for risk and asset class coverage, regulatory and management reporting, and contract management and analytics.

“With significant volatility occurring in the energy markets, demand has increased for systems with modernized technology, integration capabilities and flexible distribution frameworks,” said Sid Dash, a Research Director at Chartis Research. “FIS has become a category leader for its energy solutions by providing broad and deep coverage of asset classes, financial segments and risk capabilities.”

“We are thrilled that Chartis has recognized FIS as a category leader for this new report,” said Nasser Khodri, head of Capital Markets at FIS. “This recognition is an important validation of the significant investments we continue to make in cloud-enablement and platform modernization so that our energy clients can better manage trading risk across their physical and financial assets.”

FIS also ranked first for the sixth straight year in the Chartis RiskTech100^®.

To read the highlights of the Chartis report, visit https://www.chartis-research.com/energy-and-commodities/7861781/energy-risk-etrm-systems-2021-market-update-and-vendor-landscape.

About FIS
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS ranks #241 on the 2021 Fortune 500 and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).

View source version on businesswire.com: https://www.businesswire.com/news/home/20210914005108/en/

Kim Snider, 904.438.6278

Senior Vice President

FIS Global Marketing and Communications

kim.snider@fisglobal.com

Source: Fidelity National Information Services

FAQ

What recognition did FIS receive from Chartis Research?

FIS was named a category leader for its energy trading and risk management solutions.

What aspects did Chartis highlight about FIS solutions?

Chartis highlighted FIS for its best-in-class risk and asset class coverage, regulatory reporting, and contract management.

How many years has FIS ranked first in the Chartis RiskTech100?

FIS has ranked first for six consecutive years in the Chartis RiskTech100.

What is the significance of FIS being named a category leader?

It validates FIS' investments in modern technology and its ability to provide comprehensive risk management solutions in volatile energy markets.