Organization
Since 1968, FIS has led the way in developing and pioneering financial technology solutions.
FIS, short for Fidelity National Information Services, Inc., is a global leader in financial technology solutions. FIS provides a range of solutions to the financial sector, including various software, outsourcing and consulting solutions. FIS has clients in institutional and retail banking, trade enablement, payments, wealth and asset management, risk and compliance, record-keeping and transaction processing. FIS has a truly global reach, working with more than 20,000 clients in over 130 countries. Even as a large, Fortune 500 company, FIS still manages to maintain a client-focused approach; this approach underlies the innovative solutions that FIS is constantly creating.
Since 1968, FIS has led the way in developing and pioneering financial technology solutions.
FIS, short for Fidelity National Information Services, Inc., is a global leader in financial technology solutions. FIS provides a range of solutions to the financial sector, including various software, outsourcing and consulting solutions. FIS has clients in institutional and retail banking, trade enablement, payments, wealth and asset management, risk and compliance, record-keeping and transaction processing. FIS has a truly global reach, working with more than 20,000 clients in over 130 countries. Even as a large, Fortune 500 company, FIS still manages to maintain a client-focused approach; this approach underlies the innovative solutions that FIS is constantly creating.
Profile
FIS was founded in 1968 as Systematics, which was later acquired by ALLTEL Information Services, and then bought by title insurance giant Fidelity National Financial in 2003, who renamed it Fidelity Information Services (FIS). In the following years, FIS acquired many other financial services technology firms. These acquisitions extended its reach across the world, earned FIS a place on the Fortune 500 listing, and positioned the company as the largest technology provider to the global financial sector. In 2015, in its largest acquisition to date, FIS acquired SunGard, whose complementary offerings brought FIS into new markets for financial technology services.
Awards & Accolades
Best Private Equity Software Provider at the 2017 Africa Global Funds Services Awards. FIS was named a “best company in learning and development” by Chief Learning Officer magazine. Of the hundreds of global employers who entered, FIS topped the silver category. The American Financial Technology Awards, hosted by Waters Technology, recognized FIS for “Best AI Technology Initiative” for its use of innovative AI and robotics process automation in fund servicing. FIS was named to FORTUNE Magazine’s World’s Most Admired Companies 2016 list, rating highly for global competitiveness, social responsibility and innovation. FIS is ranked 837on the 2015 Forbes Global 2000 list — the definitive list of the world's biggest public companies from 66 countries. The composite ranking is determined by four metrics: sales, profits, assets and market value.
Core values/mission statement
Since its beginnings more than 45 years ago, FIS has continuously made news based on its product and service innovations, acquisitions, client relationships and industry leadership. For years, FIS has been in the media spotlight based on their expertise in the areas of banking, payments and consulting.
Company Leadership
Chairman, President and CEO
Chairman, President and chief executive officer of FIS, Gary Norcross is highly focused on steering and executing FIS’ global business strategy. Highly respected throughout the industry, Norcross has experience serving financial institutions large and small, domestic and global. He joined FIS in 2003 through the acquisition of ALLTEL Information Services, where he served as president of the Integrated Financial Solutions division in addition to other key leadership roles. He was elected Chairman of the FIS Board in May 2018.
Chief Financial Officer
James “Woody” Woodall serves as chief financial officer of FIS and is responsible for enterprise-wide oversight of all aspects of FIS’ financial operations, including controllership, treasury, investor relations, financial planning and analysis and corporate development functions, in addition to FIS’ capital allocation strategy. A strategic financial leader, Woodall served as senior vice president, chief accounting officer and controller for FIS before becoming chief financial officer in 2013. Prior to joining FIS in 2008, he served as executive director and controller of AT&T’s southeast region and in the audit practice of PricewaterhouseCoopers, serving technology and communications clients.
