Press Release
FIS Named ‘Category Leader’ by Chartis for Hedge Fund Risk Management Technology and Data Integrity and Control
April 09, 2018
Key facts
- FIS recognized for having broad range of offerings and best-in-class capabilities in first-ever Hedge Fund Risk Management Technology report.
- FIS rated for depth and breadth of its technology and functionality in the Data Integrity and Control in Financial Services report.
JACKSONVILLE, Fla., April 9, 2017 – FIS™ (NYSE: FIS), a global leader in financial services and payment technology, announced today that it has been named a “Category Leader” in a pair of recent reports by leading industry researcher Chartis Research.
In Chartis’ inaugural Hedge Fund Risk Management Technology report, FIS was recognized for having a broad range of offerings and best-in-class capabilities in “Compliance, regulatory and investor reporting,” “Asset class support” and “Risk metrics supported.”
Meanwhile, FIS was recognized for the depth and breadth of its technology and functionality in Chartis’ Data Integrity and Control in Financial Services report. FIS rated particularly highly for its reporting capabilities, automation, audit and data lineage, alerting and workflow, and data reconciliation tools.
“It’s never been more important for today’s organizations to have top-level risk management technology and to be able to fully understand and exploit data,” said Rob Stubbs, head of Research, Chartis Research. “As a category leader in both of these reports, FIS has demonstrated deep domain knowledge plus strong technological support that positions it to support a range of financial institutions.”/p>
“FIS continues to strategically invest in and expand its risk technology solutions and expertise,” said Marianne Brown, chief operating officer, Global Financial Solutions, FIS. “We’re proud to see our investments recognized by Chartis in these important reports.”
A leading provider of research and analysis on the global market for risk technology, Chartis developed the Hedge Fund Risk Management Technology report to review the forces shaping hedge fund risk management technology and the vendor opportunities in that market. The Data Integrity and Control report was developed to examine the importance of data quality to financial institutions and to assess how the various tools on offer analyze and structure data.
FIS was recently ranked No. 1 in the Chartis RiskTech100® for the third year in a row.
About FIS
FIS is a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, and outsourcing solutions. Through the depth and breadth of our solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 53,000 people worldwide and holds leadership positions in payment processing, financial software and banking solutions. Providing software, services and outsourcing of the technology that empowers the financial world, FIS is a Fortune 500 company and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit www.fisglobal.com.
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