FIS Announces Sell-Side Solutions to Support Varied Buy-Side Requirements

<p>To
address the needs of buy-side clients in the financial industry, FIS (NYSE:
FIS), has announced the expansion of its sell-side solutions to cater to new
buy-side clients. Recognizing the challenges faced by buy-side firms in
discovering new revenue streams, mitigating risk, enhancing operational
efficiency, and delivering increased value to their customers, FIS aims to
provide these firms with capabilities through its sell-side solutions.</p><p>FIS
Catalyzes Technological Shift: Enabling Buy-Side Firms to Navigate Complexity</p><p>One
key initiative by FIS involves the Cleared Derivatives (CD) platform,
traditionally utilized by clearing members. This platform is now gaining
traction among buy-side firms, including hedge funds, asset managers, and
insurance companies. </p><p>By leveraging the CD platform, these buy-side entities can
directly access trading venues and clearing houses, thereby reducing
counterparty risk and unlocking capital. This move signifies a
shift in the adoption of technology, empowering buy-side clients to navigate
the complex <a href="https://www.financemagnates.com/tag/financial/" target="_blank" rel="follow">financial</a> landscape more efficiently.</p><p>Furthermore,
FIS is extending the capabilities of its Cross-Asset Trading and Risk Platform
to buy-side firms. Traditionally designed for sell-side functionalities, this
platform now equips buy-side clients with tools to achieve asset
diversification and implement new strategies for revenue growth. </p><p>The platform
offers features, such as real-time controls for trading, order <a href="https://www.financemagnates.com/tag/management/" target="_blank" rel="follow">management</a>,
profit and loss tracking, general ledger functionalities, and more. Its modular
structure enables clients to scale the solution according to their specific
needs, providing flexibility and adaptability.</p><p>Demand
Rises for Comprehensive Financial Solution</p><p>In
the third quarter of 2023, <a href="https://www.financemagnates.com/tag/fis/">FIS</a>
secured new client contracts for the Cross-Asset Trading and Risk Platform,
further highlighting the demand among buy-side firms for comprehensive
solutions that address their evolving requirements. These contracts were signed
with multiple buy-side firms, signifying a growing trend of financial
institutions recognizing the value of FIS's innovative platforms.</p><blockquote><p lang="en" dir="ltr">FIS Drives New Value as Sell-Side and Buy-Side Client Needs Converge <a href="https://t.co/Y7JfmlS4AW">https://t.co/Y7JfmlS4AW</a> <a href="https://t.co/Pe49SW16Zp">pic.twitter.com/Pe49SW16Zp</a></p>— Latest News from Business Wire (@NewsFromBW) <a href="https://twitter.com/NewsFromBW/status/1745434005372272924?ref_src=twsrc%5Etfw">January 11, 2024</a></blockquote><p>"We are proud to announce that we have expanded our sell-side solutions
to new buy-side clients, as well as strengthened our relationship with our
existing sell-side clients," said Nasser Khodri, the Capital Markets President
at FIS. </p><p>"As one of the largest financial technology companies, we have the
strengths, capabilities, and expertise required to not just provide our
buy-side clients with the sell-side capabilities they’re seeking, but to ensure
they’re acquiring them through modern and cloud-native SaaS solutions for
maximum efficacy. I’m excited to see the opportunities that this industry trend
creates for FIS and our extensive network of buy-side clients." </p>

This article was written by Tareq Sikder at www.financemagnates.com.