Fidelity National Information Services (FIS) Announces its New Bank Modernization Framework

​Fidelity National Information Services, Inc. (NYSE:FIS) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 17, Fidelity National Information Services, Inc. (NYSE:FIS) announced its new Bank Modernization Framework. The framework is aimed at helping banks modernize their entire technology ecosystem.

​Management noted that this will allow banks to start their modernization journey from any part of their tech stack, including digital channels, data and AI, or open banking integrations. The approach is flexible and component-based, letting banks upgrade strategically where it matters most.

​This is important as traditional modernization methods are risky and costly. The FIS framework uses data-driven insights to offer customized modernization paths for each client, and supports incremental upgrades, adopting best-of-breed components, and full core system transformation.

​Fidelity National Information Services, Inc. (NYSE:FIS) is a global financial technology company that provides software and services to banks, financial institutions, and businesses to help process transactions and manage financial operations.

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