FIS Brings Innovative Data Intelligence to Regional and Community Institutions, Unlocking Greater Deposits and Balance Sheet Optimization
05 Août 2024 - 9:54PM
Business Wire
Key facts
- FIS is teaming with Curinos to help FIS IBS and HORIZON core
banking clients achieve their deposit goals.
- FIS’ clients can harness Curinos’ data and insights to optimize
their deposit strategies and operational efficiencies, with the
potential for greater profitability.
- By teaming with Curinos, FIS is giving its financial
institution clients insights to help them more easily hit growth
targets, maintain strategic resilience against economic headwinds
and bring the most competitive interest rates and product mix to
their customers.
Global financial technology leader FIS® (NYSE: FIS) has today
announced that it is teaming with Curinos, a global data
intelligence company, to help clients on its IBS and HORIZON core
banking platforms bring data-driven decision making to the deposit
optimization process. By driving more efficient deposit
optimization, financial institutions can more easily hit growth
targets, maintain strategic resilience against economic headwinds
and bring the most competitive interest rates and product mix to
their customers.
Financial institutions are grappling with various obstacles that
test their capacity to remain profitable while driving operational
efficiencies. These range from fluctuating interest rates and
regulatory demands to slowing deposit growth. Financial
institutions of all sizes are seeking new ways to grow deposits to
preserve both profitability and a solid balance sheet. Teaming with
Curinos can enable FIS’ regional and community bank clients who
leverage the company’s IBS and HORIZON core platforms to make more
informed, faster and more profitable data-driven decisions that
chart a faster path to growth.
Curinos clients that have used its deposit optimizing tools have
typically outperformed non-users. Its clients have experienced a
deposit pricing advantage as high as 15bps in both rising and
declining rate environments.
“Growing deposits remains a critical focus for banks and,
through our partnership with Curinos, we're making advanced
solutions more accessible to regional and community banks, helping
them outperform in ever-changing market conditions," said Melissa
Cullen, Head of Core Banking Solutions, FIS. "In today's highly
competitive environment, setting the right deposit rates is
crucial, and our clients are increasingly looking to FIS to
effectively drive profitable growth. Our alliance with Curinos is
one more example of how FIS is delivering on our vision to unlock
financial technology to the world by providing innovative,
data-driven tools to help our clients achieve their strategic
objectives."
“FIS has a formidable reputation and scale for delivering
mission-critical banking systems and solutions to its clients, some
of which are the biggest global financial institutions,” said Craig
Woodward, Curinos CEO. “This transformative partnership leverages
FIS’ robust customer relationships and Curinos’ depth of deposit
data and optimization capabilities, empowering FIS’ clients to
achieve their funding goals.”
Curinos’ engine is built on a comprehensive suite of AI-based
decisioning tools, predictive analytics and science-based platforms
fed by vast, proprietary data. This level of data depth, executive
insights and top-tier optimization capabilities can help drive
improved profits and a competitive market edge.
About FIS
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.
About Curinos
Curinos is the leading provider of data, technologies and
insights that enable financial institutions to make better, and
more profitable, data-driven decisions faster. Curinos brings to
market a new level of industry expertise across deposits, lending,
digital experience, personalization, and marketing solutions.
Through access to comprehensive datasets and analytics, intelligent
technologies and connected behavioral insights, Curinos is a
trusted partner to the industry and leading financial institutions
around the world by helping them uncover key opportunities that
drive remarkable business growth. For additional information,
please visit www.curinos.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240805414226/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
Fidelity National Inform... (NYSE:FIS)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024
Fidelity National Inform... (NYSE:FIS)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024