Fidelity National Information (FIS) Partners with MUFG Securities

Fidelity National Information Services, Inc. (NYSE:FIS) is one of the 10 Most Undervalued Technology Stocks to Buy Right Now. On May 28, Fidelity National Information Services, Inc. (NYSE:FIS) announced a new partnership with MUFG Securities (Canada), Ltd. MUFG is a broker-dealer serving institutional clients in the Canadian capital markets.

Under the partnership, MUSC has chosen FIS’ Post Trade Processing Platform to handle its back-office operations. The platform will help MUSC streamline its processes by making trade settlements, confirmations, and accounting faster and more reliable. Notably, the system operates in real time, thereby reducing delays and errors.

Fidelity National Information Services, Inc. (NYSE:FIS) noted that broker-dealers face many challenges today, including tougher regulations, higher technology costs, new competitors, and shrinking profit margins. The platform helps address these issues by automating and simplifying workflows.

Fidelity National Information Services, Inc. (NYSE:FIS) is an international financial technology company that provides platforms and solutions for businesses and financial institutions.

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Disclosure: None. This article is originally published at Insider Monkey.