(Editor’s note: As the world learned in mid-August, financial products and services giant SunGard sidestepped an initial public offering as banking and payments technology provider Fidelity National Information Services (FIS) announced that it is acquiring the Wayne, Pa.-based vendor for $9.1 billion in a combination of stock and cash. FTF News checked in with Gary… Read More >>
Jefferies Outsources 100 Employees to FIS
Investment bank Jefferies is outsourcing approximately 100 operations and IT people across its global operations to FIS, a banking and payments technology provider, as part of a cost-cutting effort and an embrace of outsourcing as a long-term strategy. Financial services management consulting firm Capco is also a part of the agreement and together FIS and… Read More >>
