- FIS recognized as IFRS 17 Solutions Provider of the Year for its solutions and services to help insurers comply with pending regulation
- FIS also won first place for Counterparty Risk Product of the Year for its Adaptiv solution
JACKSONVILLE, Fla., September 11, 2019 – FIS™(NYSE: FIS), a global leader in financial services technology, announced that it has been named IFRS 17 Solutions Provider of the Year at the Asia Risk Awards 2019.
Presented by Asia Risk magazine, a leading publication for risk management professionals in the Asia-Pacific region, the award recognized FIS solutions and services for helping insurers comply with the impending IFRS 17 regulation. FIS was named as a category leader in a recent Chartis report ranking solution providers for IFRS 17.
FIS also won first place at the Asia Risk Awards 2019 for Counterparty Risk Product of the Year in recognition of the FIS’ Adaptiv solution, which provides financial institutions with a complete view of credit and counterparty risk.
“FIS invests significantly in helping our clients mitigate risk and comply with regulatory standards through the application of modern, leading-edge technology,” said Andrew Bateman, EVP of capital markets buyside at FIS. “It’s gratifying to see our investments and efforts recognized in these awards.”
The awards were presented at a ceremony on Sept. 11 and recognize firms and individuals involved in Asia’s derivatives markets and risk management. Winners were determined by a panel of judges from Risk.net and Asia Risk magazine.
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our 55,000 people 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 is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
For More Information
Kim Snider, 904.438.6278
Senior Vice President
FIS Global Marketing and Communications