FIS empowers buy-side growth with innovative Sell-Side Solutions for enhanced efficiency, risk reduction, and operational excellence.
FIS empowers buy-side growth with innovative Sell-Side Solutions for enhanced efficiency, risk reduction, and operational excellence.
FIS has announced the expansion of its sell-side solutions to encompass a broader spectrum of buy-side firms. As buy-side clients grapple with the imperative to discover novel revenue streams, mitigate risk, enhance operational efficiency, and deliver enhanced value to their customers, FIS aims to empower these entities with innovative capabilities through its sell-side solutions.
FIS’s Cleared Derivatives (CD) platform, traditionally utilized by clearing members, stands out as one of the key offerings. This platform is gaining traction among buy-side entities such as hedge funds, asset managers, and insurance companies. By facilitating direct access to trading venues and clearing houses, the CD platform aids in reducing counterparty risk and optimizing capital allocation for buy-side firms.
Moreover, FIS has tailored the renowned Cross-Asset Trading and Risk Platform to meet the specific needs of buy-side firms. This adaptation allows buy-side clients to enhance asset diversification and implement new strategies for revenue growth. The platform offers a range of robust features, including real-time controls for trading, order management, profit and loss tracking, general ledger management, and more.
Its modular design enables clients to scale the solution according to their growth requirements. During the third quarter of 2023, FIS secured new client contracts for the Cross-Asset Trading and Risk Platform with multiple buy-side firms, signaling a positive reception within the industry.
Nasser Khodri, Capital Markets President at FIS, expressed pride in the expansion, stating, “We are proud to announce that we have expanded our sell-side solutions to new buy-side clients, as well as strengthened our relationship with our existing sell-side clients.” Khodri emphasized FIS’s commitment to delivering cutting-edge solutions, leveraging modern and cloud-native SaaS approaches, and expressing enthusiasm about the opportunities this trend presents for FIS and its extensive network of buy-side clients. FIS, being one of the largest financial technology companies globally, is well-positioned to meet the dynamic demands of the industry.
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