FIS secured a top position in a major industry report. The company is now a Leader in the Gartner Magic Quadrant. This report focuses on Retail Core Banking Systems in North America. This designation highlights the strength of their innovative solutions. FIS HORIZON and FIS Integrated Banking Solution (IBS) received high praise. Gartner recognized these products for their execution and vision. FIS actively helps financial institutions modernize their operations. Therefore, they accelerate the path toward digital transformation. This is a crucial step for market competitiveness today.
Driving Bank Modernization with FIS
The Gartner evaluation looked at several key factors. These included strong product capabilities and overall viability. Also, they assessed customer experience and market understanding. Therefore, the Leader designation is a significant validation for FIS.
Melissa Cullen, Head of Core Banking Solutions at FIS, commented on this important achievement.
“This recognition from Gartner validates FIS’ commitment to helping financial institutions modernize their core banking infrastructure and accelerate digital transformation. Their framework helps banks meet expectations. This includes maintaining strong operational excellence. Furthermore, banks must uphold strict regulatory compliance.”
The FIS modernization framework provides tailored pathways. These pathways help enhance existing capabilities. Banks can also migrate to cloud-native architectures. FIS continuously invests in advanced capabilities. These features include composable architecture and cloud deployment. Also, they use API-first design and artificial intelligence (AI). These powerful tools help create differentiated client experiences. FIS aims to support hundreds of institutions. The goal is to provide proven solutions for their modernization journeys. Banks rely on powerful Core Banking Systems for market success. The company continues to advance the field of Core Banking Systems technology.
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News Source: Businesswire.com
