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Business Wire 10-Feb-2025 2:00 PM
Key Facts
FIS® (NYSE:FIS), a global leader in financial technology, has been recognized by Gartner as a Leader in the 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America. This recognition further demonstrates FIS' comprehensive capabilities across the money lifecycle, underscoring its position as the leading technology provider in the banking ecosystem for safeguarding money at rest.
FIS' core banking solutions operate within a widely configurable and connected banking ecosystem that can enable financial institutions to deliver seamless customer experiences across all channels. This allows customers to unlock the money lifecycle from a single platform, elevating the full banking experience and creating a more streamlined and agile environment. The Gartner report evaluated products based on ability to execute and completeness of vision. The three FIS products recognized include:
"FIS' positioning in the ‘Leaders' and ‘Visionaries' quadrants reinforces our dedication to providing the most innovative core banking solutions to our clients," said John Durrant, co-president, FIS Banking Solutions. "With FIS' open API technology, institutions can securely manage money at rest while unlocking a thriving banking and payments ecosystem through a flexible platform. This enables our customers to see greater efficiency, quickly launch competitive products and cement relationships with personalized experiences."
The Gartner Magic Quadrant for Retail Core Banking Systems, North America highlights certain key market trends shaping the core banking industry. Vendor evaluation is based on the "Ability to Execute" and "Completeness of Vision." The criteria for "Completeness of Vision" are based on the effectiveness of vendor product strategies linked to the market. The criteria for the "Ability to Execute" focuses on market traction and how the vendor and product are positioned to sustain support for near-term banking market requirements and commitments.
FIS is a financial technology company providing solutions to financial institutions, businesses and developers. We unlock financial technology to the world across the money lifecycle underpinning the world's financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow and protect their businesses. Our expertise comes from decades of experience helping financial institutions and businesses of all sizes adapt to meet the needs of their customers by harnessing where reliability meets innovation in financial technology. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor's 500® Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn, Facebook and X.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250210964676/en/
For More Information Kim Snider, 904.438.6278 Senior Vice President FIS Global Marketing and Communications kim.snider@fisglobal.com