FIS Named a Leader in Core Banking in IDC MarketScape
December 16 2024 - 7:00AM
Business Wire
FIS® (NYSE: FIS), a global leader in financial services
technology, announced today it has been named a Leader in the IDC
MarketScape: North America Digital Core Banking Platforms 2024
Vendor Assessment1.
This recognition follows a detailed evaluation of both the
strategies and capabilities of FIS. According to the report, “FIS
is known for its focus on local regulations, and FIS Modern Banking
Platform provides compliance in all regions where it is deployed.
FIS is one of North America's prominent financial services
technology providers, with decades of presence in banking, ensuring
a low level of third-party risk.”
“FIS Modern Banking Platform was built from the ground up as a
digitally native, built-for-the-cloud platform. As a
component-based architecture, it can integrate within any existing
architecture and with many other platforms across the bank’s
infrastructure. FIS is a trusted and proven partner for banks
looking to drive their core modernization strategy and
implementation,” said Jerry Silva, vice president, global retail
banking, IDC.
“We are excited that the IDC MarketScape assessment of North
America Digital Core Banking Platforms has validated our leading
position as a provider of this technology. This recognition is
reflective of our deep experience in this space and our ongoing
commitment to investing in cutting-edge technology to support
clients looking to grow through Digital Banking”. said John
Durrant, Banking Solutions President at FIS.
“Our technology powers the global economy across the money
lifecycle. In today’s era of innovation, banks must leverage
modern, cloud-native technologies to support new business models
that can respond to a dynamic customer base. FIS’ platforms does
exactly that by unlocking financial technology to create modern
experiences for our clients. We believe this recognition
underscores our dedication to providing our clients with robust,
scalable, and innovative solutions that meet their evolving needs
as they seek to transform their banking ecosystem,” continued
Durrant.
FIS offers modern core solutions tailored to all types, sizes
and geographies. For more information, see here:
https://www.fisglobal.com/banking/core.
About FIS
FIS is a leading provider of technology solutions for financial
institutions and businesses of all sizes and across any industry
globally. We enable the movement of commerce by unlocking the
financial technology that powers the world’s economy. Our employees
are dedicated to advancing the way the world pays, banks and
invests through our trusted innovation, system performance and
flexible architecture. 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 member of the Fortune 500® and the
Standard & Poor’s 500® Index. To learn more, visit
www.FISglobal.com. Follow FIS on Facebook, LinkedIn and Twitter
(@FISglobal).
About the IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide
an overview of the competitive fitness of technology and service
suppliers in a given market. The research utilizes a rigorous
scoring methodology based on both qualitative and quantitative
criteria that results in a single graphical illustration of each
supplier’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 technology suppliers can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective suppliers.
1 IDC MarketScape: Doc# US50463523, September 2024
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version on businesswire.com: https://www.businesswire.com/news/home/20241216659735/en/
For More Information Kim Snider, 904.438.6278 Senior Vice
President FIS Global Marketing and Communications
kim.snider@fisglobal.com
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