FIS News & Events

Barclays (BCS) US Consumer Bank and FIS (FIS) announced a multi-year extension of their core banking partnership agreement, supporting the bank's retail deposits growth ambitions and continued focus on modernizing its digital platforms and capabilities. As part of the agreement, Barclays will deploy the FIS Profile service, a cloud-ready core banking platform that manages money at rest while delivering multi-currency processing.

FIS announced the launch of its new FIS CD Prediction Clearing solution to provide 24/7 post-trade clearing for regulated prediction markets. FIS CD Prediction Clearing builds on the foundation of the FIS CD Books and Records Manager, which provides advanced post-trade clearing for derivatives. The enhanced solution replaces fragmented, batch-based processes with real-time processing and its cloud-native architecture supports middle and back-office functions, scales with volume and reduces infrastructure costs.