FIS Treasury and Risk Management Solutions Shine Through Industry and Analyst Recognitions

Rhea-AI Summary

FIS receives recognition for its Treasury and Risk Management solutions

Positive

• FIS has received numerous accolades and awards for its Treasury and Risk Management solutions
• FIS has won the Best Cash and Treasury Management Solution award four years in a row
• FIS has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications 2023 Vendor Assessment
• FIS has been recognized by Treasury Management International and Global Finance for its Treasury and Cash Management Solutions

Negative

• None.

Key facts

• FIS Treasury and Cash Management Solutions have been recognized by Treasury Management International and Global Finance.
• FIS named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications 2023 Vendor Assessment.

JACKSONVILLE, Fla.--(BUSINESS WIRE)-- FIS^® (NYSE: FIS), a global leader in financial services technology, has recently received numerous accolades and awards for its Treasury and Risk Management solutions, including Treasury and Risk Manager-Integrity and Quantum Editions.

Treasury Management International (TMI) has given awards for Innovation and Excellence for nearly two decades, seeking to formally recognize the organizations who break new ground in treasury management globally. FIS has won the Best Cash and Treasury Management Solution award four years in a row.

Additionally, leading monthly industry magazine Global Finance has selected FIS for the Best Treasury Analytics Provider award. Global Finance’s annual rankings are known for their high standards of excellence and the FIS solution has won two years in a row.

FIS has also been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications 2023 Vendor Assessment published in July 2023.¹ The report assesses software-as-a-service (SaaS) and cloud-enabled vendors for treasury and risk worldwide. This was the second time FIS has been named a Leader in the IDC MarketScape for this market.

“The continued recognition of our treasury and risk solutions is a testament to the investments we’ve made to address our clients’ most pressing needs,” said Nasser Khodri, Capital Markets Solutions President at FIS. “Research from FIS’ new Global Innovation Report found that 61% of corporate/nonfinancial services are currently using cloud-based technology, and 78% labelled it as a means of mitigating various risks. We continue to predict immense growth in the space, and eagerly anticipate further enriching our solutions to fulfill our client promise in advancing the way the world pays, banks and invests.

About FIS

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. 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 is a member of the Fortune 500^® and the Standard & Poor’s 500^® Index. To learn more, visit www.FISglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISglobal).

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1} IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications 2023 Vendor Assessment (doc #US45741820, July 2023)

View source version on businesswire.com: https://www.businesswire.com/news/home/20231019263352/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 awards has FIS received for its Treasury and Risk Management solutions?

FIS has won the Best Cash and Treasury Management Solution award four years in a row and has been named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise Treasury and Risk Management Applications 2023 Vendor Assessment.

Which organizations have recognized FIS for its Treasury and Cash Management Solutions?

FIS has been recognized by Treasury Management International and Global Finance.

What is the significance of FIS being named a Leader in the IDC MarketScape?

Being named a Leader in the IDC MarketScape indicates that FIS is a top vendor for treasury and risk management applications in the SaaS and cloud-enabled market.

What percentage of corporate/nonfinancial services are currently using cloud-based technology?

According to FIS' Global Innovation Report, 61% of corporate/nonfinancial services are currently using cloud-based technology.