'A complex regulatory environment and rapid changes in client requirements have made risk management top of mind for sell-side firms,' said Martin Boyd, president of Capital Markets at FIS
is focused on helping our clients enhance visibility to enterprise risk while automating non-core tasks and improving operational efficiencies.
and Worldpay have complementary solutions and services encompassing financial institution issuer services, network and merchant services including leadership in e-commerce, as well as loyalty and fraud solutions benefiting consumers and businesses.
"This is a significant milestone in our ongoing relationship with Banco Bradesco and marks a new stage in FIS
' presence and growth in the Brazilian marketplace," said Marianne Brown, Global Financial Solutions Chief Operating Officer, FIS
shareholders will own about 53 percent in the combined firm and Worldpay shareholders about 47 percent.
The achievements of FIS
include the first National Exhibition of Inventions in 1957.
Lee said FIS
, through its large financial institution unit, has a distribution partnership with Hexanika, which offers a regulatory compliance and reporting system that provides data abstraction, normalization and transformation from disparate systems within a bank.
Another important business goal is customer acquisition; 19 per cent of FIs
consider it a critical business challenge, according to the report.
had also failed to relocate its offices as directed by the Registrar [CEO of Namfisa).
An interagency team from the bank insurer, the Federal Reserve Bank of Atlanta and the Office of the Comptroller of the Currency conducted an interim supervisory review of FIS
, which has both bank and credit union clients, beginning Oct.
Developed by FIS
in collaboration with the VA, the Veterans Affairs' Loan Electronic Reporting Interface (VALERI) enables mortgage servicers to report "significant events" or milestones that must be reported in order to maintain compliance with VA's regulations through either the servicing system or the servicer's Web portal user-interface within VALERI.
has announced the launch of eRelease Payload, an automated eRelease utility designed exclusively for FIS
(ITI; Medford, NJ) has acquired the publishing assets of Faulkner Technical Reports, Inc., a line of information products known as Faulkner Information Services (FIS
; Pennsauken, NJ).