Aite Group Names FIS Best-in-Class Provider for its Investment Accounting System
June 11 2020 - 8:00AM
Business Wire
Key facts
- FIS has been named by Aite Group as a best-in-class provider
among vendors that provide investment accounting systems.
- FIS and its InvestOne solution scored high for vendor strength,
client clout, features and functionality.
Financial technology leader FIS™ (NYSE: FIS) has been named a
best-in-class provider for its InvestOne investment accounting
system by leading global research firm Aite Group.
In its new report, “Aite Matrix Evaluation: Investment and Fund
Accounting Systems,” Aite Group placed FIS in the Best-in-Class
Vendors category in the Investment and Fund Accounting Aite Matrix.
Vendors are evaluated based on vendor stability, client strength,
client service and product features. FIS and InvestOne scored high
for vendor strength, client clout, features and functionality.
InvestOne is a scalable and modular investment accounting system
that supports numerous investment types, asset classes and
accounting methodologies. Deployed as a SaaS-based solution,
InvestOne allows asset managers and fund administrators to
integrate their core platform with other solutions.
“Today’s investment managers are facing a host of challenges
ranging from regulatory changes, increased global competition and
market uncertainties related to the COVID-19 pandemic,” said Martin
Boyd, President, Capital Markets Solutions at FIS. “FIS continues
to invest significantly in advanced technology such as robotics and
machine learning to help our clients enhance operational efficiency
while reducing risk, and we are excited to be recognized as a
best-in-class provider by Aite Group for our InvestOne
solution.”
“A heightened focus by financial institutions to improve
buy-side operations has pushed demand for automation, real-time
accounting updates, sound risk management and solid data,” said
Paul Sinthunont, Senior Analyst at Aite Group. “In a mature market
of investment and fund accounting platforms, FIS’ technology stands
out in terms of features and functionality across asset classes and
fund structures.”
To read an excerpt of the Aite Group report, visit
https://www.fisglobal.com/en-gb/-/media/fisglobal/files/pdf/report/aite-matrix-evaluation-investment-and-fund-accounting-systems-report.pdf.
About FIS
FIS is a leading provider of technology solutions for merchants,
banks and capital markets firms globally. Our more than 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).
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version on businesswire.com: https://www.businesswire.com/news/home/20200611005115/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
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