FIS is present in 7 markets with 11 products. FIS has 88 reviews with an overall average rating of 4.3.
Digital Banking Platforms
A digital banking platform (DBP) enables a bank to begin the transformational process of becoming a truly digital bank that is ecosystem-centric. A DBP also enables banks to achieve business optimization. However, that is not the end state. For banks seeking only business optimization as the goal of their digital banking strategy, a digital banking multichannel solution will meet those needs.
FIS has 1 product in Digital Banking Platforms market
Energy Trading and Risk Management Systems
An energy trading and risk management (ETRM) system is a software solution that can capture and manage wholesale energy market transactions, from execution to settlement, invoicing, managing, reporting market and credit exposures, and market integration for energy commodities. The ETRM market comprises ETRM systems and other related solutions. The ETRM system is an application or modular suite of applications used to manage a company’s position in one or more commodities. It typically provides all capabilities (from trade capture to invoicing, including risk management and reporting) for front, middle and back office in energy companies. It is the system of record for both physical and financial wholesale energy transactions, from trade to invoice and settlement.
FIS has 1 product in Energy Trading and Risk Management Systems market
Global Retail Core Banking (Transitioning to Core Banking Systems)
Gartner defines global retail core banking (GRCB) as a back‐office banking system that both processes daily transactions and posts updates to accounts and other financial records. Core banking systems (CBSs) typically include deposit, loan and credit processing capabilities with interfaces to general ledger systems and reporting tools. This Magic Quadrant assesses vendors on the multicurrency products they offer in support of the bank’s financial transaction management in the retail banking market.
FIS has 4 products in Global Retail Core Banking (Transitioning to Core Banking Systems) market
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Invoice-to-Cash Applications
Gartner defines the invoice-to-cash (I2C) applications market as cloud-based applications that enable corporate controllers to automatically manage collections and apply customer payments to invoices. I2C applications typically gather, disseminate, track and analyze data from and to internal and external sources. They make I2C processes more efficient and effective, including managing and monitoring deductions, disputes and credit risk. They also typically can ensure invoices are delivered to customers and that customers have options to pay them. I2C applications enable I2C transaction processing across multiple ERP systems. Organizations use I2C applications to collect and apply customer payments to open invoices, perform credit and collections activities, manage deductions and disputes, and deliver and present invoices to customers for payment. I2C applications are cloud-based tools that provide organizations with a standard way of processing across ERPs, while creating flexibility for buyers in how they receive or access invoices as well as pay and dispute them. I2C applications allow an organization to connect and exchange data with multiple ERP systems and other operational tools, such as customer relationship management tools, as well as with partners such as credit and collections agencies, logistics providers, banks and payment service providers. They use data to determine credit risk, automate collections and cash applications activities as well as help manage the resolution of deductions and disputes. Such activities result in faster collection of cash, improved visibility to cash flow, an improved customer experience and reduced process cost.
FIS has 1 product in Invoice-to-Cash Applications market
Tokenization Platform
Tokenization platform turns sensitive data into non-sensitive data called tokens to increase data protection and reduce fraud risks in financial transactions. The original data is then safely stored in a centralized location for subsequent reference while businesses utilize these tokens to carry out their business activities. In addition, the tokenization platform enables merchants to adhere to industry and governmental regulations like GDPR, CCPA, PCI DSS, and HIPAA with minimum liability and security expenses. The typical users of the technology are financial institutions, real estate, banks, retailers, healthcare providers, insurance, and e-commerce companies. These businesses deploy tokenization to protect the personal information of their users, including credit card numbers, PANs, PII, and PHI.
FIS has 2 products in Tokenization Platform market
Trading Platforms
Gartner defines a trading platform as a computer system designed to perform financial market analysis, capture and process daily treasury transactions, evaluate the risks associated with those transactions, provide settlement and reporting functionality, and post transaction records to accounts and other financial records repositories. Trading platforms directly or indirectly facilitate the placement of orders for financial products with another financial entity or intermediary over a network. These financial offerings include products and asset classes such as equities, bonds/fixed income instruments, foreign exchange, money market/cash instruments, commodities and derivatives. The financial entities involved in the transactions include brokers, market makers/principals, investment banks, universal banks, hedge funds and asset managers. Trading platforms facilitate electronic/digital transactions that may be undertaken by trading firms from any location using available computer networking infrastructure.
FIS has 1 product in Trading Platforms market
Treasury Management Systems
A treasury management system is an enterprise software application that automates the process of managing a company's financial operations. It helps companies to manage their financial activities, such as cash flow, assets, and investments, automatically. The reporting functionality offers an overview of the treasury's financial activity and focus areas, while the interface functionality facilitates communication with banking partners, trading platforms, and financial systems. Additionally, the accounting capability can be leveraged for creating journal entries based on financial market activity for the company's ERP general ledger. Treasury departments, finance teams, and other financial professionals are common users of these systems.
FIS has 1 product in Treasury Management Systems market