FIS Named as a Leader for Treasury and Risk Management Solutions by IDC MarketScape
January 10 2020 - 9:54AM
Business Wire
Key facts
- FIS is named to the Leaders category in the recent IDC
MarketScape report for its treasury and risk management
solutions.
FIS™ (NYSE: FIS), a global leader in financial services
technology, announced today that it has been named as a leader in
the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise
Treasury and Risk Management Applications 2019-2020 Vendor
Assessment.*
The IDC MarketScape study is an assessment of the leading
software-as-a-service (SaaS) and cloud-enabled treasury and risk
management applications worldwide. FIS was recognized for its depth
of functionality, heavy investment in cloud security, depth of
experience and service commitment to its global customers.
“Treasurers right now require more advanced and innovative
technology – and it’s driving a digital transformation,” said Kevin
Permenter, research manager at IDC. “With FIS’ depth of technology
innovation, 50-plus years of experience in financial services and
30 years in treasury, the company has been identified as an
industry leader in the IDC MarketScape study.”
“Treasury professionals are facing the pressures of operational
efficiency, global liquidity optimization and foreign-exchange risk
management,” said Andrew Bateman, EVP of capital markets buyside at
FIS. “With expanding responsibilities, treasurers are seeking new
technology to improve controls, achieve greater efficiency and
strengthen decision-making. We are thrilled that the IDC
MarketScape has placed FIS in the Leaders category for the treasury
and risk solutions that we provide to our clients.”
* IDC MarketScape: Worldwide SaaS and Cloud-Enabled Enterprise
Treasury and Risk Management Applications 2019-2020 Vendor
Assessment, doc #US45685819, December 2019
About FIS
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. To learn more, visit www.fisglobal.com. Follow FIS on
Facebook, LinkedIn and Twitter (@FISGlobal).
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide
an overview of the competitive fitness of ICT (information and
communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based
on both qualitative and quantitative criteria that results in a
single graphical illustration of each vendor’s position within a
given market. IDC MarketScape provides a clear framework in which
the product and service offerings, capabilities and strategies, and
current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
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version on businesswire.com: https://www.businesswire.com/news/home/20200110005352/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
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