List of FIS Trust Accounting Software Customers
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Since 2010, our global team of researchers has been studying FIS Trust Accounting Software customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased FIS Trust Accounting Software for ERP Financial from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using FIS Trust Accounting Software for ERP Financial include: Samana Group of Companies, a United Arab Emirates based Construction and Real Estate organisation with 200 employees and revenues of $100.0 million, Commercial Bank and Trust of PA, a United States based Banking and Financial Services organisation with 30 employees and revenues of $5.0 million and many others.
Contact us if you need a completed and verified list of companies using FIS Trust Accounting Software, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight | Insight Source |
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Commercial Bank and Trust of PA | Banking and Financial Services | 30 | $5M | United States | FIS Global | FIS Trust Accounting Software | ERP Financial | 2015 | n/a | In 2015, Commercial Bank and Trust of PA implemented FIS Trust Accounting Software. The deployment used FIS Trust Accounting Software in the ERP Financial category to centralize trust accounting, client reporting, and operational controls for the bank's trust services. The implementation focused on core trust accounting capabilities typical of the ERP Financial category, including account administration, portfolio accounting, fee billing and invoicing, general ledger interfacing, beneficiary and account owner management, and automated reconciliations. Configuration work emphasized trust-specific chart of accounts, multiple trust types and fee schedules, scheduled batch posting, and role based access controls to separate trust administration from audit and finance duties. The solution was deployed within the bank's existing technology environment and supported trust operations at the Latrobe, PA office, serving the trust department, finance, and internal audit functions. The internal auditor documentation lists familiarity with Fiserv Signature core on AS400 iSeries and Optima Nautilus COLD storage as coexisting platforms, indicating the Trust Accounting deployment operated alongside those systems in the bank environment. Governance and process changes were led by the audit department, with monthly reporting to the Audit Committee of the Board of Directors, preparation of an annual audit plan, fulfillment of requests from external auditors and bank examiners, and structured manager interviews to document and evaluate trust policies, procedures, and internal controls. Audit driven controls and documented workflows were integral to the rollout, aligning operational procedures with the trust accounting configuration. | |
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Samana Group of Companies | Construction and Real Estate | 200 | $100M | United Arab Emirates | FIS Global | FIS Trust Accounting Software | ERP Financial | 2020 | n/a | In 2020, Samana Group of Companies implemented FIS Trust Accounting Software as an ERP Financial application. The deployment in Dubai, United Arab Emirates centralized trust accounting and escrow controls for the company’s construction and real estate portfolio, aligning accounting operations with project and sales workflows. FIS Trust Accounting Software was configured to support receipts and payments workings, escrow accounting and reconciliations, sales purchase agreement validations, sales invoice allocation and cross checking, and daily bank reconciliations. Functional capabilities in the environment include receivables aging by project and sales type, PDC reconciliation, contractor invoice recording, intercompany transaction recording and reconciliations, VAT workings, and preparation of weekly cashflow summaries. Integrations and operational touchpoints explicitly include reconciliation of TAS inflows with Oqood Portal records from the Dubai Land Department, allocation and validation of credit card, e-portal and other bank receipts, and bank position summaries used by accounting. The implementation supports operational coverage across accounting, sales administration, collections, and contractor payments within Samana Group of Companies, with processes tied to Dubai Land Department registration checkpoints. Governance and workflow restructuring were enforced through standard operating procedures for guarantees, rentals, commissions, and collections, including issuance of penalty and termination letters for defaulters and SPA accuracy checks in the ERP. Samana Developers provided in-house ERP developments and verifications from February 2020 onward, maintaining configuration, reporting and reconciliation routines against FIS Trust Accounting Software. |
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