FIS has launched the FIS Asset Servicing Management Suite, a comprehensive set of automated and integrated solutions designed to improve operational efficiency across the full range of asset servicing activities.
The company stated that the new suite consolidates multiple core functions that have traditionally been handled separately, including corporate actions processing, proxy voting, class action claims, operational claims, and tax reclaim management. By consolidating these capabilities into a single platform, the suite aims to create a more seamless and effective asset servicing environment and demonstrates FIS’ commitment to advancing financial technology for global markets.
The announcement comes at a time when asset servicing operations are facing growing pressure. Organizations often rely on multiple vendors and systems to manage these functions, resulting in fragmented data, increased risk of errors, higher operational costs, and reduced agility. These inefficiencies can ultimately impact both institutions and the customers whose investment outcomes depend on precise and timely processing across the asset lifecycle.
The FIS Asset Servicing Management Suite is designed to provide a unified platform that enhances transparency and control throughout asset servicing workflows. Minimizing vendor complexity and data fragmentation allows institutions to obtain clearer insights and operate more efficiently. Additionally, automation reduces the burden of manual processing, enabling firms to allocate more resources toward strategic initiatives rather than routine maintenance.
FIS stated that the platform can enhance client experience, reduce operational risk, improve decision-making, and deliver cost efficiencies for organizations seeking to streamline their investment operations. The company emphasized that improved asset servicing operations can yield tangible benefits for investors who rely on the accurate processing of corporate actions, proxy decisions, and class action participation.
FIS is headquartered in Jacksonville, Florida, and provides financial technology solutions to institutions, businesses, and developers across the full money lifecycle. The company is a member of both the Fortune 500 and the S&P 500 Index.
KEY QUOTES:
“Operational inefficiencies in asset servicing directly translate to real financial losses for everyday investors. When corporate actions are processed incorrectly or proxy votes fail to reach their intended destination, or qualification to participate in class action opportunities are not identified, it is not just institutions that suffer – it is also the customers whose pensions and savings depend on these systems working flawlessly. FIS Asset Servicing Management Suite helps to eliminate the fragmented and often overlooked post-trade infrastructure that creates these risks, unlocking operational efficiency across all areas of asset servicing.”
Matt Stauffer, Head of Back Office Solutions at FIS
