Société Générale to Deploy FIS Solution Société Générale and systems and services provider FIS report that the French banking giant will be using the FIS Cleared Derivatives Suite for a “strategic transformation of its derivatives clearing back-office.” “As part of the agreement, the investment bank and financial services group will transition their existing derivatives… Read More >>
Franklin Templeton Outsources Transfer Agent Unit to FIS
Asset manager Franklin Templeton has launched a partnership with FIS that will allow the software and services provider to take over the management of the firm’s global transfer agent (TA) function, which includes potentially onboarding 1,450 Franklin Templeton employees. To provide continuity in service, Franklin Templeton’s transfer agent workforce across Asia-Pacific, Canada, Europe, and the… Read More >>
FIS Uses Machine Learning to Fight Financial Crime
FIS Partners With C3 AI for New Solutions Financial technology systems and software provide FIS has unveiled the first in a series of solutions that uses artificial intelligence (A.I.) to help capital markets firms fight the increasing threat of financial crime, officials say. FIS developed these new offerings with C3 AI, and the AML Compliance… Read More >>
FIS Group Adds Liquid to List of Service Providers
Liquid Holdings Group reports that it will be among the first group of approved service providers that investment manager FIS Group will offer to its roster of emerging investment managers via its Ecosystem program. Liquid Holdings, formed in 2012, is a cloud-based technology and managed services provider to the global hedge fund and trading markets…. Read More >>