FIS acquisition eclipses SunGard’s treasury systems

FIS’s purchase of SunGard creates a new financial technology powerhouse, but the relative importance of its treasury management systems will shrink.

By Dan Bland

Aug 18, 2015

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Fidelity National Information Services (FIS), a US-based bank service provider, released details of an agreement to buy SunGard on August 12. The combined financial technology (fintech) company would form a company with over $9.2 billion in revenue, 55,000 employees, and a presence in 100 countries.

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