Fidelity National Information (FIS) is Upgrading its Private Capital Suite to Cloud Native SaaS Platform

Fidelity National Information Services, Inc. (NYSE:FIS) is one of the Ridiculously Cheap Stocks to Buy According to Analysts. On September 23, Fidelity National Information Services, Inc. (NYSE:FIS) announced upgrading its Private Capital Suite to a cloud-native software-as-a-service platform.

Management noted that this new version integrates the company’s recently launched Investor Services Suite, thereby creating a full front-to-back solution for private equity firms. Moreover, the new solution automates fund processing, enhances anti-money laundering, and supports investors onboarding with real-time secure insights.

In addition, the solution’s cloud-native design makes it flexible and scalable, improving efficiency, compliance, and transparency for private equity managers handling complex funds. Management highlighted that less than half of private equity firms feel confident in their fintech strategies. The new suite allows firms to meet rising investor expectations for transparency and digital access.

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.