MAY 21·Stock Titan▲
AI meets $5.5T in client assets as FIS and InvestCloud revamp wealth tech
FIS and InvestCloud have partnered to launch a new AI-powered digital wealth management solution aimed at financial institutions. This platform integrates advisor tools, client-facing digital experiences, and AI capabilities into a single environment, leveraging InvestCloud’s Advisor Workspace and Client Experience with FIS’s core processing platforms. The solution is designed to help firms modernize their front office without replacing existing infrastructure, and it supports approximately $5.5 trillion in assets currently served by FIS.
MAY 20·GuruFocus▲
FIS: BankSouth Chooses FIS for Enhanced Banking Solutions
FIS (Fidelity National Information Services Inc) has been selected by BankSouth to modernize its retail and business banking operations, integrating AI features and third-party fintech solutions. This collaboration aims to streamline operations and enhance customer service, aligning with BankSouth's growth plans. Despite a lower financial strength rating, FIS holds a solid GF Score™ of 70, reflecting strong profitability and growth, and insider buying activity indicates confidence in its future performance.