For a better understanding of how FIS evolved into a world-renowned financial services technology leader, one needs to look back at the company's history.
The company was founded in 1968 as Systematics™, which was later acquired by ALLTEL Information Services, and then bought by title insurance giant Fidelity National Financial® in 2003, who renamed it Fidelity Information Services (FIS). Over the course of the next few years, FIS acquired several other financial services technology firms, including Certegy® in 2006, eFunds® in 2007 and Metavante® in 2009. These acquisitions broadened its reach across the globe, earned FIS a place on the Fortune 500 listing, and positioned the company as the largest technology provider to the global financial industry.
In 2015, FIS acquired SunGard – its largest acquisition to date. SunGard’s complementary offerings brought FIS into new markets for financial technology services, including education and the public sector, as well as adding asset managers, traders, custodians, treasurers, third-party administrators and clearing agents to the broader FIS client base.
This combination of organic and external growth has positioned FIS among the world’s leading technology providers for the financial services industry. Through the visionary leadership of its management and its philosophy of championing its clients’ success each and every day, FIS remains on a short list of providers capable of offering end-to-end solutions to financial institutions and retailers across the world.Metavante Services