Fidelity Investments: A Subsidiary Of Fis?

is fidelity investments part of fis

Fidelity Investments is not related to Fidelity National Information Services, Inc. (FIS), an American multinational corporation that offers financial products and services. FIS is known for its development of financial technology (FinTech) and provides solutions in banking and capital market segments. It was founded in 1968 as Systematics and has since grown through numerous acquisitions, including Certegy, eFunds, and Metavante. As a result of these acquisitions, FIS expanded its global reach, secured a place in the Fortune 500, and became the largest technology provider to the financial industry. In 2019, FIS acquired Worldpay, further expanding its capabilities in the payments space. With a presence in multiple countries and a wide range of offerings, FIS is a leading provider of financial services technology, helping businesses and communities thrive by advancing commerce and the financial world.

Characteristics Values
Name Fidelity National Information Services, Inc. (FIS)
Type of Company American multinational corporation
Industry Financial services technology
Headquarters Jacksonville, Florida, US
Number of Employees 56,000 (as per source); 30,000 (as per another source)
Number of Countries Operated In 58 (as per source); 23 (as per another source)
Number of Clients Over 20,000
Number of Transactions Processed 75 billion
Annual Movement of Money $9 trillion
Stock Exchange New York Stock Exchange
Stock Symbol FIS
Parent Company Fidelity National Financial

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Fidelity National Information Services, Inc. (FIS) is an American multinational corporation

As of Q2 2024, FIS operates in two primary segments: Banking Solutions and Capital Market Solutions. It facilitates the movement of roughly $9 trillion through approximately 75 billion transactions for more than 20,000 clients worldwide. FIS is a leader in financial services technology, helping businesses and communities thrive by advancing commerce and the financial world. The company employs 56,000 people across 58 countries and offers over 500 solutions.

Over the years, FIS has expanded its global reach and enhanced its product portfolio through numerous acquisitions. In 2006, it merged with Certegy Inc. for $1.8 billion, and in 2009, it acquired Metavante Corporation for $2.94 billion in stock. In 2015, FIS further expanded by acquiring SunGard for $9.1 billion, and in Q3 2019, it acquired Worldpay for $35 billion, becoming the world's largest processing and payments company.

Through its acquisitions and organic growth, FIS has positioned itself as a leading technology provider to the capital markets, retail banking, and merchant industries. It connects various stakeholders in the financial ecosystem and leverages its scale to develop innovative solutions that enable its clients to grow confidently and adapt to new technologies. FIS is committed to advancing the interests of commerce and the financial world, positively impacting economies and communities worldwide.

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FIS is a leading global provider of financial services technology solutions

Fidelity National Information Services, Inc. (FIS) is a leading global provider of financial services technology solutions. It is an American multinational corporation that offers a wide range of financial products and services, including both retail and investment banking. FIS is most known for its development of Financial Technology (FinTech) and offers its solutions in two primary segments: Banking Solutions and Capital Market Solutions.

The company was founded in Little Rock in 1968 as Systematics, which was later acquired by ALLTEL Information Services as its Financial Services division. In 2003, ALLTEL sold this division to title insurance giant Fidelity National Financial, who renamed it Fidelity Information Services (FIS). This acquisition marked the beginning of FIS's expansion and transformation into a leading global provider of financial services technology solutions.

FIS has a comprehensive portfolio of products for the financial services sector. They include "Profile," a banking application based on the open-source GT.M transaction processing database engine maintained by FIS. FIS also provides a range of solutions for financial institutions, businesses, and developers, including core banking systems, digital banking solutions, wealth and retirement management, and commercial banking and asset finance solutions.

With headquarters in Jacksonville, Florida, FIS employs 56,000 people across 58 countries. The company offers more than 500 solutions and processes over $75 billion in transactions worldwide. FIS is a member of the Fortune 500 and the Standard & Poor's 500 Index, reflecting its significant presence in the financial services industry.

FIS has continued to grow and expand through numerous acquisitions, including the acquisition of Worldpay in 2019, which made FIS the largest processing and payments company in the world. This combination of organic and external growth has positioned FIS as a world-leading technology provider to the capital markets, retail banking, and merchant industries.

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FIS offers a wide range of financial products and services

Fidelity National Information Services, Inc. (FIS) is an American multinational corporation that offers a diverse range of financial products and services. FIS is renowned for its leadership in financial technology (FinTech) and provides solutions across two primary segments: Banking Solutions and Capital Market Solutions. The company's comprehensive portfolio caters to both retail and investment banking needs.

In the realm of banking solutions, FIS offers a range of innovative products such as "Profile," a banking application built on the open-source GT.M transaction processing database engine. This application empowers users to seamlessly manage their banking activities. Additionally, FIS provides core banking systems and digital banking solutions, enabling clients to deliver a seamless experience to their customers across all touchpoints. With its advanced analytics, FIS helps financial institutions uncover growth opportunities while maintaining the security, compliance, and resilience that the company is known for.

To enhance the customer experience further, FIS offers Unified Omnichannel Banking solutions, enabling financial institutions to build deeper relationships with their customers across digital and physical channels. This includes digital wallet and bill payment options, as well as the issuance of physical and virtual cards. FIS also assists in commercial banking and asset finance, helping to modernize customer deposits, optimize onboarding experiences, and deliver exceptional lending services.

Beyond banking, FIS provides comprehensive Capital Market Solutions, facilitating the movement of approximately $9 trillion annually through the processing of around 75 billion transactions. FIS serves more than 20,000 clients around the globe, including over one million merchant locations in over 130 countries. The company's solutions empower businesses and communities to thrive by advancing commerce and the financial world.

In recognition of its contributions to the industry, FIS was ranked second in the FinTech Forward 2016 rankings. The company's acquisition of Worldpay for $35 billion in Q3 2019 solidified its position as the largest processing and payments company worldwide. With its extensive global reach and diverse range of financial products and services, FIS continues to shape the future of finance and drive growth for its clients.

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FIS facilitates the movement of roughly $9 trillion annually

Fidelity Investments is not part of FIS. Fidelity Investments is a large American financial services corporation offering mutual funds, retirement services, wealth management, and more. Fidelity National Information Services Inc. (FIS) is a multinational corporation that provides technology solutions for merchants, banks, and capital markets firms worldwide.

The Banking Solutions segment provides core processing and ancillary applications, digital solutions, fraud, risk management, and compliance solutions, electronic funds transfer and network services, card and retail payment solutions, wealth and retirement solutions, and item processing and output services. The Banking Solutions segment also includes the company's "Profile" product, a banking application based on the open-source GT.M transaction processing database engine maintained by FIS.

The Capital Market Solutions segment offers securities processing and finance, global trading, asset management and insurance, and corporate liquidity solutions. This segment includes solutions for asset managers, traders, custodians, treasurers, third-party administrators, and clearing agents.

FIS's ability to facilitate the movement of such large sums of money annually is a testament to its position as a leader in financial technology and services, helping businesses and communities thrive by advancing commerce and the financial world. The company's scale, deep expertise, and data-driven insights have allowed it to modernize businesses and customer experiences, connecting merchants, banks, and capital markets.

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FIS has over 500 solutions and processes over $75 billion of transactions

Fidelity Investments is part of FIS (Fidelity National Information Services, Inc.), an American multinational corporation that offers a wide range of financial products and services. FIS is a leader in technology and services, helping businesses and communities thrive by advancing commerce and the financial world.

With over 50 years of experience, FIS has driven growth for clients worldwide by creating innovative technology, solutions, and services to modernise businesses and customer experiences. The company connects merchants, banks, and capital markets, utilising its scale, expertise, and data-driven insights to solve its clients' future needs. FIS offers a comprehensive suite of receivables, payables, and revenue optimisation tools, providing more than 500 solutions and processing over $75 billion in transactions globally.

The company's history began in 1968 when it was founded as Systematics™ in Little Rock. It was later acquired by ALLTEL Information Services and then bought by Fidelity National Financial® in 2003, who renamed it Fidelity Information Services (FIS). Since then, FIS has continued to expand its reach through numerous acquisitions, including Certegy® in 2006, eFunds® in 2007, and Metavante® in 2009. These strategic moves have solidified its position as a leader in financial technology services.

FIS's broad portfolio of products serves both the retail and investment banking sectors. One notable product is "Profile," a banking application based on the open-source GT.M transaction processing database engine maintained by FIS. The company's annual movement of funds is approximately $9 trillion, serving more than 20,000 clients worldwide.

Frequently asked questions

Fidelity Investments is a Jacksonville-based title insurance company. It is not related to Fidelity National Information Services Inc. (FIS).

FIS, or Fidelity National Information Services Inc., is an American multinational corporation that offers financial products and services. It is headquartered in Jacksonville, Florida, and employs 56,000 people across 58 countries.

No, they are not the same company. However, FIS was spun off as a separate company from its parent company, Fidelity National Financial Inc. (FNF), which is also based in Jacksonville.

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