A large, global bank recognized it’s corporate actions function could present a significant financial and reputational risk. Like many complex financial services organizations, this bank’s approach to corporate actions processing included functions such as event creation and processing, middle-office corporate actions, proxy voting and class actions. With our decades of experience, FIS was the team with intellectual property and the in-house expertise the bank needed.
Facing a challenging eurozone market, boutique asset manager Alpha Centauri partnered with FIS to analyze how it could turn the market setback into a competitive advantage. Thanks to FIS’ risk and technology expertise, Alpha Centauri developed new strategies to improve the performance of its factor investments. This prompted an invitation from prestigious index provider STOXX to create a series of European factor indices.
Credit Suisse, a leader in the global cleared derivatives industry, selected the FIS Derivatives Utility for its post-trade futures and cleared OTC derivatives operations and technology. FIS is empowering Credit Suisse to be better positioned to continue to deliver innovative solutions and products to its clients in the most efficient manner possible, as well as enhance their ability to manage and control risk for years to come.
FIS marshalled its scale to simplify the enablement process and bring more of our clients into the mobile payments ecosystem. With one big push in 2015, FIS took the number of Apple Pay enabled institutions from five to 219 – more than all our competitors combined. In just one year, financial institutions have seen a collective increase of over 350 percent in monthly transactions.
Launching fearlessly into a post-crisis industry, new fund administrator Centaur started up as it meant to go on – by asking FIS to support its global ambitions with robust operations. With the solutions and expertise of a top technology provider on its side, the firm gained the scale and agility it needed to seize the best business opportunities. And in just six years, its assets under management have grown from $200 million to $15 billion.
Atom, the designed-for -digital challenger to the U.K. banking market, partnered with FIS to serve banking customers on the go. Launched in April 2016 – with no branches and no call centers – the digital-only bank is delivering directly to smart devices of U.K. millennials. FIS is empowering Atom with a cost-effective outsourced infrastructure and expertise that enables the bank to launch new services quickly and confidently.
As Centennial Bank began to experience big growth, it had to replace its manual BSA/AML compliance processes. FIS’ scalable automated compliance solution helped Centennial cut the chains of manual processes, save time and resources, and better detect and report suspicious activity.
eftpos, Australia’s largest and most used payments network, needed to implement new payment innovation but was constrained by decades-old infrastructure. FIS and eftpos together replaced the old network of 27 independent interbank connections with a single high-volume payments hub that powers over 6,000,000 transactions daily.
Wintrust, a community bank competing against bigger banks in a major metropolitan market, needed to stand out in the crowd and grow its customer base. FIS Cardless Cash is the catalyst that is helping to set them apart immediately. This mobile-based solution is helping Wintrust grow aggressively, revolutionize its user experience and target the young and mobile customer of the future – putting it ahead of its much larger competition.
FIS’ corporate actions solution suite transformed ICBCFS, eliminating manual processes, reducing risk and gaining enormous efficiencies while improving service levels. Now, ICBCFS customers have the confidence of timely and thorough notification of corporate actions affecting their positions.
FIS technology has helped LBBW issue some of the world’s most complicated financial products to meet growing demands for structured products, respond swiftly to new market opportunities and adapt to regulatory change, delivering an agile platform that LBBW needs to support its current and future growth.
FIS’ investment operations solution suite helped Maitland change the way their customers can make portfolio decisions, delivering a scalable, tight front-to-back-office integration solution that provides real-time data on 70,000 trades per month. By helping Maitland give its customers an edge, FIS helped it achieve real financial consequences – in terms of revenue growth, cost reduction and service quality.
FIS guided Oriental through an acquisition that doubled its size, helping to drive its business forward and reinvent itself with new operating and technology models and lending capabilities that meet the unique needs of Puerto Ricans. And Oriental – now the island’s third-largest bank –transformed the banking experience and became Puerto Rico’s most customer-centric bank.
Kitsap Bank wanted to leverage online customer data to forge deeper, more profitable and lasting relationships with its existing customers. But how could the bank ensure it had the right data, ability to efficiently sift through it and put it to work to benefit the bank and its customers? FIS enabled them to fully engage their connected clients and achieve real bottom-line results.