FIS™ (NYSE: FIS), a global leader in financial services technology, announced today that it has been named a category leader for sell-side risk management technology by leading industry research house Chartis Research.
In its new report, “Sell-Side Enterprise Risk Management Technology, 2019,” Chartis placed FIS in the “Category Leader” section of the RiskTech Quadrant®. Vendors are assessed according to the completeness of their offerings as well as their market potential. FIS was ranked as best-in-class or advanced in all areas.
“Sell-side institutions need guidance as they face widening data requirements, more complex capital management and the blurring of risk management roles,” said Rob Stubbs, Head of Research, Chartis Research. “As a category leader, FIS demonstrated its expertise and stood out in many of the capabilities we measured.”
“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. “FIS is focused on helping our clients enhance visibility to enterprise risk while automating non-core tasks and improving operational efficiencies. We are proud to see our risk management efforts recognized.”
FIS has ranked No. 1 in the Chartis RiskTech100® for the last four years and was recently named a category leader in a Chartis report ranking solution providers for the impending IFRS 17 insurance accounting standard.