FIS Global Strengths, Domain Expertise, and Key Differentiators
FIS is a financial services technology company. The Company operates through three segments: Merchant Solutions ("Merchant"), Banking Solutions ("Banking"), and Capital Market Solutions ("Capital Markets"), which are organized based on the markets and clients served aligned with the solutions they provide. The Merchant segment is focused on serving merchants of all sizes globally, enabling them to accept electronic payments, including credit, debit and prepaid payments originated at a physical point of sale as well as in card-not-present environments such as eCommerce and mobile. The Banking segment is focused on serving all sizes of financial institutions for core processing and ancillary applications solutions; digital solutions; fraud, risk management and compliance solutions; electronic funds transfer and network services solutions; payment solutions; wealth and retirement solutions; item processing and output services solutions; and services capitalizing on the continuing trend to outsource these solutions. The Capital Markets segment is focused on serving global financial services clients with a broad array of buy- and sell-side solutions.
FIS Global Recent Developments
In April 2020, FIS has launched FIS Ventures, its corporate venture investment division. FIS Ventures will invest $150m globally in early to growth-stage fintech startups with a focus on emerging technologies such as artificial intelligence and machine learning, digital enablement and automation, data and analytics, security and privacy, distributed ledger technology, and financial inclusion.
In addition to capital investments, FIS Ventures will actively partner with these companies, providing proprietary access as appropriate to FIS’ global reach and scale, operating expertise, diverse customers and channel partners to fulfill their long-term growth ambition. The first investment was made in Nigeria-based fintech startup Flutterwave.
The launch of FIS Ventures will complement other key initiatives such as the annual FIS FinTech Accelerator program, the annual FIS Innovatein48 research and development competition, and FIS innovation labs around the world.
FIS Global Mergers and Acquisitions (M&A) Activities
In 2020, FIS acquired a majority stake in credit-based alternatives fund solutions provider Virtus Partners, which offers a range of alternative investment operations outsourcing and administration services for credit fund managers. That follows the 2019 purchase of Worldpay for its payment processing business in a deal worth $43 billion.
In November 2015, FIS acquired SunGard, one of the world’s leading financial software and technology services companies. The acquisition uniquely positions FIS to offer a broad range of enterprise banking and capital markets capabilities that will further empower the financial industry worldwide.
FIS Global Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying FIS Global applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of FIS Global and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified FIS Cloud Apps, customers.
FIS Global Overview
Ownership: - FIS:NYSE
Number of Employees: 55000
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
FIS Global Key Enterprise and Cloud Applications
FIS Cloud Apps,
FIS Global Revenues, $M:
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* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
FIS Global Revenue Breakdown By Type, $M:
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FIS Global Enterprise Applications Revenues By Functional Markets, $M:
FIS Global Enterprise Applications Revenues By Verticals, $M:
FIS Global Revenues By Region, $M
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FIS Global Direct vs Indirect sales
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FIS Global Customers - Breakdown by Geo, Size, Vertical and Product
No. of FIS Global Customers: 20000
No. of FIS Global Enterprise Applications Customers: 20000
No. of FIS Global Cloud Customers: x
No. of FIS Global Cloud Subscribers: 10 million
FIS serves more than 20,000 clients in over 130 countries, and its technology powers billions of transactions annually that move over $9 trillion around the globe.
Among FIS clients are: Bharatiya Mahila Bank, Centennial Bank, Eftpos, Kitsap Bank, Wintrust Bank, COUNTRY Financial, ICBCFS, LBBW, Maitland, Oriental Bank and many others. About 1,820 customers are using its treasury and risk management applications, one of its key products often delivered in its private Cloud. Many of them are running the AvantGard product line, a popular TRM application.
FIS recent customer wins included Bayer AG, Berkshire Hathaway Homestate Insurance, Carnival Corporation; plc, Dana Holding Corporation, Dubai Aluminium, Generali Deutschland Holding AG, KPMG AG Wirtschaftsprüfungsgesellschaft, London Borough of Lewisham, London Borough of Redbridge, Madix Inc., NRG Energy, Perth and Kinross Council, Revera Inc., Royal Mail, Sanden International, SmartestEnergy, Tessenderlo Group, The Los Angeles Department of Water and Power, and West Bend Mutual.
FIS Global Market Opportunities, M&A and Geo Expansions
In July 2019, FIS completed the acquisition of Worldpay. Through its acquisition of Worldpay, FIS became the largest processing and payments company in the world. The Worldpay acquisition brings an integrated technology platform with a comprehensive suite of products and services serving merchants and financial institutions. Through the Worldpay transaction, FIS has enhanced its global payment capabilities, scale, robust risk and fraud solutions and advanced data analytics.
FIS Global Risks and Challenges
FIS' ability to integrate the business of Worldpay will be key to its long-term success. The combination of two independent businesses is complex, costly and time consuming, and FIS will be required to devote significant management attention and resources to integrating the business practices and operations of Worldpay into FIS.
FIS Global Ecosystem, Partners, Resellers and SI
FIS primarily sells directly, but is also working with partners through its EcoSystem which brings in suppliers, buyers, banks and other trading partners.
FIS Global Cloud Infrastructure Insights
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- FIS Global Public Cloud and Infrastructure (IaaS)
- FIS Global Platform (PaaS)
- FIS Global Application Delivery
- FIS Global Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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