Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Fidelity National Information Services    FIS

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Fidelity National Information Services : FIS' 'Winning' Banking Solutions: Three Honors Boost Awards to 10 in 2012

share with twitter share with LinkedIn share with facebook
share via e-mail
0
08/28/2012 | 10:20pm CEST

  • Aite Group recognizes FIS' excellence in core banking solutions with three honors

? Awards recognize excellence in vendor experience, technology and ease of integration

FIS? (NYSE:FIS), the world's largest provider of banking and payments technology, announced that Aite Group has honored it with three market-leader awards, raising to 10 the number of such recognitions FIS has received in 2012 for its core bank-processing solutions.

In its new report, The Leading U.S. Core Vendors: Fueling Financial Institution Initiatives, the independent research and advisory firm recognized FIS with awards in the categories of vendor experience, technology and ease of integration. Aite Group focuses on business, technology and regulatory issues that affect the financial services industry.

Its report analyzed the U.S. core system replacement market, key trends shaping its future and business drivers that will drive increased momentum. It also compared U.S. bank and credit union core system offerings and changes in the competitive landscape. FIS' awards honored it for:

  • Profile, FIS' strategic real-time core banking solution, as recipient of the Leader of the Pack Award. It recognizes the vendor overall experience in a specific market, including total client base in the designated market segment, number of signed clients for the proposed solution and 2011 successes.
  • Profile as the recipient of the Technology Award, recognizing its high level of technological sophistication, including solution architecture and interoperability, reliability, security and scalability. Profile serves more than 200 clients globally.
  • Its IBS solution, which won the Alliance Award. It recognizes ease of integration with other third-party solutions, including quality and depth of integration with third-party solutions, ease of implementation and incremental cost to add an ancillary service or solution.

"We are honored to be acknowledged for our core processing solutions," said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. "Our continued objective seeks to provide leading technology solutions that enable our clients to achieve their strategic operational goals, mitigate risk and drive growth in their target markets. This outside recognition validates the strength and quality of our solutions and the benefits they bring to our clients."

According to a recent study by Aite Group, U.S. financial institutions are expected to invest more than $4 billion in core system replacements over the next three years. "With an increase forecasted in U.S. core replacement systems over the next few years, core solution providers must deliver platforms that meet their clients' growing regulatory and compliance needs and tools that set them apart from their competitors," said Christine Barry, research director, Aite Group. "FIS continues to be a leading player in the core solutions market with comprehensive offerings that address the growing challenges of financial institutions of all sizes."

Personalized service, competitive choices and maximum client experience are the standards that set FIS' solutions apart. They provide clients with the means to meet, and often exceed, their strategic business goals. Financial institutions of every size are turning to FIS for technology that adapts to their clients' changing needs while still driving revenue and mitigating risk. Thirty of the top 100 banks employ a fully outsourced FIS solution.

About FIS

FIS (NYSE: FIS) is the world's largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a member of Standard & Poor's 500® Index. For more information about FIS, visit www.fisglobal.com.

Forward-Looking Statements

This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.

Kim Snider, 904.438.6278
Vice President
FIS Global Marketing and Communications
[email protected]
or
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
[email protected]


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FIDELITY NATIONAL INFORMAT
06/14FIDELITY NATIONAL INFORMATION SERVIC : Change in Directors or Principal Officers..
AQ
06/14FIDELITY NATIONAL INFORMATION SERVIC : Alexander Navab and Brian T. Shea Join FI..
BU
06/14FIDELITY NATIONAL INFORMATION SERVIC : Ex-dividend day for
FA
06/01FIDELITY NATIONAL INFORMATION SERVIC : Change in Directors or Principal Officers..
AQ
05/30FIDELITY NATIONAL INFORMATION SERVIC : FIS to Present at Baird’s 2018 Glob..
BU
05/16FIDELITY NATIONAL INFORMATION SERVIC : Entry into a Material Definitive Agreemen..
AQ
05/16FIDELITY NATIONAL INFORMATION SERVIC : U.S. Consumers are Unprepared for Coming ..
BU
05/15FIDELITY NATIONAL INFORMATION SERVIC : Minor League Baseball and FIS Extend Stra..
BU
05/15FIDELITY NATIONAL INFORMATION SERVIC : FIS Announces Pricing of Senior Notes Off..
BU
05/14FIDELITY NATIONAL INFORMATION SERVIC : FIS Announces Proposed Offering of Senior..
BU
More news
News from SeekingAlpha
06/14FIS adds private equity and bank execs to board 
05/21Fidelity National Information Services Offsetting Growth With Margins 
05/15Fidelity National Information reports pricing of $1B senior notes offering 
05/14Fidelity National Information proposes $1B senior notes offering 
05/10Fidelity National (FIS) Investor Presentation - Slideshow 
Financials ($)
Sales 2018 8 554 M
EBIT 2018 2 463 M
Net income 2018 1 211 M
Debt 2018 -
Yield 2018 1,16%
P/E ratio 2018 29,71
P/E ratio 2019 25,84
Capi. / Sales 2018 4,16x
Capi. / Sales 2019 4,02x
Capitalization 35 564 M
Chart FIDELITY NATIONAL INFORMAT
Duration : Period :
Fidelity National Informat Technical Analysis Chart | FIS | US31620M1062 | 4-Traders
Technical analysis trends FIDELITY NATIONAL INFORMAT
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 114 $
Spread / Average Target 5,9%
EPS Revisions
Managers
NameTitle
Gary A. Norcross Chairman, President & Chief Executive Officer
James W. Woodall Chief Financial Officer & Executive Vice President
Ido Gileadi Chief Information Officer
Keith W. Hughes Lead Independent Director
David K. Hunt Independent Director
Sector and Competitors