FIS NAMED "TECHNOLOGY PROVIDER OF THE YEAR" BY ASIA RISK MAGAZINE

Key facts FIS has been named Risk Tech Provider of the Year by Asia Risk Magazine The recognition notes FIS’ leadership in helping financial institutions navigate new regulatory requirements such as IFRS 17 and FRTB. FIS also won five first place rankings in the Asia Technology Rankings. JACKSONVILLE, Fla. & SINGAPORE, Oct 4 (Bernama-BUSINESS WIRE) -- FIS™ (NYSE: FIS), a global leader in financial services technology, has been named Technology Provider of the Year by Asia Risk magazine, a leading publication for risk management professionals in Asia-Pacific. “FIS won the award this year because of the value-added knowledge and insight that the firm provided into regulatory developments and trends, as well as new technology solutions to meet the demands of clients,” said Blake Evans-Pritchard, deputy bureau chief, Asia, Risk.net. “The understanding that FIS has brought to the implementation of IFRS 17, for example, has been particularly well received in the Asian market.” In addition to “Technology Provider of the Year,” FIS took first place in Overall Risk Management; Operational Risk Management; Enterprise-Wide Risk Management/Cross Risk Integration; Economic Capital Calculation and Management; and Trading Systems and Commodities. The Risk Magazine Asia Technology Rankings are determined by Risk Magazine subscribers. “We are thrilled to receive this recognition, especially knowing that it came from our clients’ feedback,” said Nasser Khodri, FIS group managing director for Asia-Pacific, the Middle East, and Africa. “We recognize that financial institutions need more than technology – they need their providers to have a deep understanding of new regulations and business issues, and help them conform with new regulatory frameworks. Our focus at FIS is on bringing together leading-edge technology and domain expertise to help our clients succeed and grow.”  http://mrem.bernama.com/viewsm.php?idm=30214